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Soldiers' return from Turkey provides Tsipras with timely boost
PoliticsGreek Politics. In what has become a difficult summer for the prime minister, largely because of the disastrous fire... that has struck Turkey. There have also been suggestions that the soldiers were freed due to the pressure..., coverage of their return has been extensive, providing a rare moment of respite for Tsipras and his
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Greek banks push for return to normality
EconomyBankingfor a second consecutive month. Since the start of the year, Eurosystem funding has fallen... Eurobank. The so-called Pixel portfolio has attracted strong interest from overseas investors... in terms of business loans, which would begin to reverse the credit expansion that has been in place
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Crisis-era productivity in Greece lowest among OECD countries
EconomyFeaturesreport noted that a concern over recent years has been that many jobs were being created in lower..., Greece lags comparator countries in competitiveness, and has much to do to achieve higher productivity... that Greece’s productivity has been historically low due to a relatively low openness of the economy
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PM stands by Macedonia name deal, Kammenos continues to sow confusion
PoliticsGreek Politicsthat the current government has handed over the right to Greece’s neighbours to call themselves... not clear who will support the deal apart from SYRIZA MPs (145/300). Centrist To Potami has indicated backing but there are doubts whether all of its six MPs will vote in favour. Also, there has been
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Unemployment rate falls to 19 pct in Q2
EconomyMacroeconomythat the rate of unemployment has fallen under 20 percent. Compared to the same period last year, the jobless rate has declined by 2.1 percentage points (pp) from the Q2 2017 figure of 21.1 percent... of decline was noted for those aged over 65, where the rate fell by 1.2 pps. This group also has
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PDMA readies bond schedule for 2019, with eye on prepayment of IMF loans
Economyat the start of December, shortly after the budget for 2019 has been voted in Parliament. According to reports... of the loans that the IMF has granted to Greece is over 3.5 percent as any amount in excess of the country’s quota has a rate of close to 4 percent. The reports suggest that the PDMA plans to bring down
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PWC report finds Greek fire damage above average despite lower incidence
SocietyA report by PricewaterhouseCoopers (PwC) which examined Greece’s firefighting capabilities has... countries, Greece has a relatively low incidence of wildfires in the last three years, when fires.... They also lag significantly behind those used in central Europe. The poor track record that Greece has
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Revision confirms second year of total fiscal surplus at 0.8 pct of GDP
EconomyMacroeconomyhas been produced based on the Regulation ESA 2010 for the System of National Accounts. According... the Economic Adjustment Programme, which has different treatment from ESA 2010 for certain revenue... that it settled in 2016. Overall, Greece’s fiscal data has remained broadly stable between the two
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SYRIZA and ND at odds over proposals for changing constitution
PoliticsGreek Politicsattention, has shifted to SYRIZA’s suggestions. Two points in particular have drawn a reaction from... Democracy has also made it clear that it is not willing to support the government’s proposals unless...) and some independent lawmakers in order to achieve the 180-vote threshold. To Potami Centrist To Potami has
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Killing puts strain on Greek-Albanian relations after stalled efforts to reach deal
PoliticsForeign Policyin southern part of Greece’s neighbouring country last Sunday has provoked concern in Athens... has been urging Tirana to investigate the death of dual-national Katsifas and provide further information about the police operation that led to him being shot in order to ease the tension that has been
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