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Another spin of the wheel for Greece
AgoraThere couldn’t have been a more fitting end to the year in Greece than the Ferris Wheel fiasco... of more than 3 billion euros. Meanwhile, lenders’ non-performing exposure continued to rise... percentage said it did “with some difficulty”. This is more than double the EU average. Greece
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Greece’s M&A market stagnates during recession
EconomyFeaturespercent have more than five deals in the pipeline. The sectors with the strongest appetite... activity in the Greek market had been low in 2015, but still better than expected. In all of 2015... percentage points and an economic sentiment deficit 24 percentage points lower than the European average
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Higher number of firms and employees, increased average wage in private sector in 2016
EconomyMacroeconomywere employed in more than one firm. The number of companies has increased by 10,870 from 2015... also 541 large corporates employing more than 250 employees each. As it was also evident last year... part-timers, around 41 percent received a salary up to 1,000 euros, more than 20 percent between
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Pensions main source of finance for half of households as income falls again
Societyof households reporting that they were worse off quantitatively and qualitatively than before... (37.1 percent) homes said they survived on less than 10,000 euros a year, up from 36.3... with more than five members, unemployed members and on low incomes found it hardest to cover basic needs
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Newsletter 105 - 03/02/2017
to be a common Rather than rule out upfront legislation, Tsipras told Parliament that he would not make... to the legislation of new measures. Rather than rule out upfront legislation, he said his government would... could be higher than the potential benefit, which could prove only temporary. In addition, the delay
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Budget execution starts 2017 with primary balance outperformance on target-beating revenues
EconomyMacroeconomy, largely reflecting higher than expected revenues (by 340 million), while primary expenditure and Public Investment Budget (PIB) balance came in 58 and 41 million lower than target. In addition, the state... rose by 6.1 percent to 314 million, slightly better than the target. This led net revenues up 10.7
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BoG reveals figures for repatriation and banknotes returning to banking system
EconomyBankinginflow of 430 million, which is lower than the respective figure of 560 million recorded in the two-year... banknotes, the monthly repatriation of funds worth 470 million over the last 17 months was more than... in the July 2015 – November 2016 period stood at 180 million, which is substantially higher than
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First day of talks highlights distance that needs to be covered
EconomyProgrammeon the fiscal issues, it reportedly lasted less than half an hour and the key topic was the agenda of future meetings rather than a comprehensive discussion. Government sources said the starting point... of each year rather than the official announcement by Eurostat around four months later
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Greek women in crisis
Agorathose who have been looking for work for longer than 12 months, 62.35 percent are women. This is equivalent to more than half a million women. However, informal unemployment for women is estimated... than the global average of 23 percent but in certain sectors, the inequalities are startling
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What Dijsselbloem didn't say
Agoraor him as a personality. In football parlance, we should play the ball rather than the man. The reason..., while compounding rather than solving many of the problems it was meant to address. Solidarity... also begin to appreciate that there is more to it than some decision-makers would like to admit. We
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