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Little trouble for Tsipras in multi-bill vote but bigger problems may lurk over revenues chief
PoliticsGreek PoliticsThe omnibus bill containing many of the 49 prior actions the coalition has to fulfill to secure the next sub-tranche of bailout funding passed through Parliament without any major problems on Friday... to the legal charges against her, Tsipras's decision to intervene in the service before any court has
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Tsipras sees political mileage in bill for broadcasting licences
PoliticsGreek PoliticsThe government unveiled on Monday its long-awaited draft legislation for the new broadcasting licence tenders, with the aim of voting the bill through on Saturday. SYRIZA has long pledged to tackle... to the high scepticism among Greeks about their country's media, which has been mostly unregulated
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Disposable income slips 1.6 pct in Q2 on higher income and wealth taxes
EconomyMacroeconomythe past six years, disposable income has posted a marked decrease by 13.93 billion or 32.1 percent... billion in Q2. Over the past six years, household consumption has been cut by 8.24 billion or almost 20
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National Bank reveals capital plan, which includes sale of whole Finansbank stake
EconomyBankingscenario of the stress test. The bank's capital plan has three key pillars aiming to cover total...) of Finansbank in NBG's book stands at 3.4 billion euros, while Finansbank's market cap has climbed to 6.1
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General government primary cash surplus narrows to 2.48 bln, arrears almost stable in Sept
EconomyMacroeconomysub-tranches, the government has indicated it intends to repay arrears of around 3 billion... το the IMF in September. Since the beginning of the year, gross debt has dropped by around 9.6 billion from
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Unemployment down for second straight month in August, falls to 24.6 pct
EconomyMacroeconomy2012. Note, though, that the August figure means this total figure has more than trebled over the last... percent in 2016, before dropping to 24.4 percent in 2017. Note though that EC has revised its GDP
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Embarrassment for New Democracy as leadership vote called off due to IT problem
PoliticsGreek Politics. Former Education Minister and MEP Marietta Giannakou has been proposed as a stop-gap leader until... remains to be seen, it is sure that the task for the next conservative leader, who has to revive
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Rate of credit contraction edges up to 1.6 pct in Oct
EconomyMacroeconomythis period. The biggest decline has been posted in consumer credit (-27.2 percent) followed by corporate... issues to be included in the next set of milestones the government has to implement by mid-December.
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Greek households most overburdened with housing costs in EU
SocietyWith two in five of its population living in a household where total housing costs represented more than 40 percent of total disposable household income, Greece has by far the highest housing cost... among the EU countries, it has the highest rate among the old 15 member EU states.
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General gov't primary cash surplus widens notably to 4.84 bln by October
EconomyMacroeconomyand extrabudgetary funds at 324 and 266 million respectively. The government has indicated it intends... in repos by 189 million. Gross debt has been reduced by 9.4 billion euros in the year to date
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