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Population drops slightly in 2018 despite positive net migration flow
SocietyA report by the Hellenic Statistical Authority (ELSTAT) on population movements in Greece has shown that Greece’s population shrank by 0.2 percent year-on-year (YoY). Specifically, the population... in Greece. Immigration has remained over 100,000 between 2016 and 2018.
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Criminal justice system deemed too weak to fight corruption
SocietyThe European Council’s analysis of the Greek criminal justice system has found that the current setup inadequate to counter corruption. The Group of States against Corruption (GRECO) report found.... The report said that during their assessment, they were informed that the President has never been
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New tax debt at 6.95 bln to Nov, down by 28.2 pct YoY
EconomyMacroeconomyThe month-on-month rise in Greece's new tax debt came to 737 million euros in November, data from the Independent Authority of Public Revenues (IAPR) has shown. The aggregate figure for the first... arrears has dropped under the 100-billion mark. An additional 13.72 billion euros stemmed from defaulted
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Unemployment edges down to 16.6 pct in October
EconomyMacroeconomyin September 2013, unemployment has shown a fall of 39.8 percent. The overall labour force came... among women fell by 3.2 percentage points (pps) year-on-year and came to 20.2 percent. This figure has
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Alpha Bank launches major securitisation as banks ready portfolios for Hercules scheme
EconomyBankingAlpha Bank announced that it has started the process to execute one of the largest bad loan securitisations by a Greek bank. The portfolio, code-named Galaxy, contains non-perfoming loans (NPLs... in the securitisation either independently or as joint ventures. According to reports, the bank’s management has
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New president receives strong endorsement, hints at areas of interest
PoliticsGreek Politicstime, especially because the new president has a centre-left background and is not from the right... of challenges Greece has faced and is facing, including the economic and climate crises. She identified
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Lenders set out key review issues as Athens tables proposals for fiscal space
EconomyProgrammefiscal targets and has proposed a phased-out approach over a seven-year period. The banks.... That is not expected before April. Aware of those limitations, the Finance Ministry has focused its
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Fitch raises Greece to 'BB,' two notches from investment grade, sees growth at 2.5 pct in 2020
Economy’, which is the ‘B+’ equivalent. S&P has positive outlook, Moody’s is stable. Fitch had not taken... of Kyriakos Mitsotakis has made “swift progress” in reducing taxes on labour and capital and addressing
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Perceived corruption in Greece wanes but remains above global average
Societyimprovement last year compared to 2018. The organisation has a presence in over 100 countries and works..., Greece’s score has improved by 12 points since 2012, the report noted. The average score of countries
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ND vies for more support on migration, gets tangled up in football controversy
PoliticsGreek Politicsto be in a state of unrest over the disruption caused by the migration challenge. The government has also come... is owned by Greek-Russian businessman Ivan Savvidis, with whom New Democracy has had a turbulent
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