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Newsletter 232 -13/12/2019
of the securitisation has passed on to the servicer, who is independent of the bank that issues... of October, the short-term side of the yield in the T-Bills has been shifting downward throughout the year... compared to an index of 64.4 in Q2 2019. Since the series low of 58.8 noted in Q3 2017, the index has
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ND adjusts course after brief outcry over press subsidies
PoliticsGreek Politicsit a few days later after the inclusion of Makeleio, a daily that has repeatedly been accused of racism... announced on Saturday that the decision to allocate the funds would be cancelled. New Democracy has... to newspapers and nobody within the government or the opposition has raised any concerns about a blurring
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Wages index drops for first time in two years, declining by 1.2 pct in Q3
EconomyMacroeconomycame to 105.2, down from 105.9 in Q2. As of the current quarter, the index has been above the 100-point mark since Q1 of 2017, equal to ten consecutive quarters. It has also stayed above the 105-point... quarter. Since its peak, the index has declined by a quarter on the back of the negative impact
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Unemployment drops to 16.4 pct in Q3
EconomyMacroeconomythe unemployment rate has been since Q2 2011, when the rate came to 16.5 percent Compared to the same period last year, the jobless rate has declined by 1.9 percentage points (pps) from the Q3 2018 figure... figure for long-term unemployed has remained below 600,000 for a third consecutive quarter. Part-time
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FM rallies opposition to Turkey-Libya deal as Athens prepares for EastMed signing
PoliticsForeign Policygovernment feels it has been caught unprepared and needs to belatedly make some diplomatic initiatives... Mitsotakis's visit to Washington on January 7, when he will meet with US President Donald Trump. The US has... petition to the ICJ and Greece has reservations about certain issues in delimitation. In his interview
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ND moves ahead with bill on street protests amid ideological clash with SYRIZA
PoliticsGreek Politicsof the time and route of the march a day before the protest is held. Such legislation has been discussed... the disruption from small protests, which are almost a daily occurrence in Athens. SYRIZA has voiced concern... that would be more in tune with the expectations of middle class, urban voters. Nevertheless, SYRIZA has
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Study sheds light on different experiences, aspirations of new and long-term migrants
SocietyA new report by the think-tank diaNeosis has shed light on the views of Greece’s migrant population... and long-term immigrants living in Greece. The think-tank noted that such an extensive report has..., while 53 percent believe that crime has increased as a result of their presence. Three out of four
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Disposable income rises by 3.5 pct YoY in Q3, final consumption up by 0.9 pct
EconomyMacroeconomyhas now remained in positive territory for ten consecutive quarters. The absolute figure landed... at 15.41 billion. Employee compensation has risen by 1.7 percent since 2012, recovering after a long period... rose by 12.1 percent YoY to reach 284 million. Since 2012, property income has declined by 61.4
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Lenders conclude 'productive' talks on fifth review but issues remain as Athens targets fiscal space
EconomyProgrammeit introduced is rather modest and has barely touched the middle class, which was meant to be one... notably the low interest rates that Greek sovereign debt has been enjoying over the past year... their argument that the 3.5 percent of GDP surplus goal has been made redundant by developments
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ND under attack from all sides over handling of football wrangle
PoliticsGreek Politicsand impact on public opinion. The Greek media has mostly provided favourable coverage for the government since it came to power in July and public opinion has mostly backed the centre-right party in its... media outlets, where Mitsotakis was accused of being weak, the government has made a slip-up
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