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  1. Greece and lenders hold inconclusive talks on tax and pensions
    Photo by MacroPolis

    EconomyProgramme

    Following meetings between the Greek finance and labour ministers with the mission chiefs on Wednesday, it appears that most key issues remain unresolved, while notable gaps still exist between... points, it is inevitable that the targeted savings would have to come from pension cuts. Greek

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  2. Wages, full-time employment feel deep impact of crisis, report shows
    Photo by MacroPolis

    Society

    A large section of Greek society has experienced rapid impoverishment due to the crisis, labour market deregulation, the decline in collective wage agreements and wage cuts, the annual report from..., published by the Labour Institute (INE) of the General Confederation of Greek Workers (GSEE). Of those

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  3. Deposit outflows for second straight month in February, at 548 mln

    EconomyMacroeconomy

    Greek private sector deposits headed south for the second straight month in February, with outflows easing to 548 million euros from 1.12 billion in January, Bank of Greece (BoG) data showed... security funds (2.44 billion) and local government (2.33 billion). At the same time, Greek banks

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  4. Building activity down 18.8 pct in January, permits hit new low

    EconomyMacroeconomy

    Greek building permits fell by 18.8 percent in January after rising by 5.1 percent in December, Hellenic Statistical Authority (ELSTAT) figures showed on Tuesday. Building surface and volume dropped..., as the construction sector was among the mostly harmed from the Greek crisis. The latest Bank of Greece (BoG

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  5. IMF sees contraction of 0.6 pct this year before strong rebound in 2017
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    Economy

    next year. In its previous WEO, released on October 5, the IMF said it expected Greek GDP... projections for 2016-21 are not available yet given the ongoing negotiations with the Greek authorities

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  6. Break in bailout talks leaves question mark over their conclusion

    PoliticsGreek Politics

    Central Bank which, rather ominously for the Greek government, stressed that the IMF must be part... and continue the Greek programme on their own. He made the comments after meeting Portuguese Prime

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  7. IMF sees 0.6 pct primary deficit in 2015, lowers debt forecast below 180 pct

    Economy

    In its latest Fiscal Monitor report, the IMF refrained from providing its estimates on Greece’s public finances for 2016 onwards due to ongoing negotiations with the Greek government and the European.... In the World Economic Outlook (WEO) published on Tuesday, IMF projected Greek GDP to contract 0.6

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  8. Eurosystem funding drops by another 2.8 bln to 101.4 bln in March
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell for the ninth successive month in March at an accelerating pace of 2.78 billion euros after dropping by 1.86 billion in February, Bank of Greece's (BoG) monthly... that the collateral Greek banks have pledged with the BoG for ELA funding recorded a higher decline of 3.61

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  9. Stocks surge 5.4 pct during week amid hopes for swift conclusion of review

    Economy

    The Greek stock market traded in positive territory this week in almost all the sessions, ending the week up 5.4 percent as the investor sentiment improved in the aftermath of progress in most areas... of the Greek equity market have been trimmed to 4 percent. Bank shares also soared for the second straight

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  10. Hopes of swift deal on contingent measures doused by technical, political complications
    Photo by MacroPolis

    PoliticsGreek Politics

    and it seems that they will not be able to bridge this gap by Thursday. The Greek government favours... reports that the Greek side was contemplating the creation of a combined ELSTAT-Eurostat committee

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