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Greece slips five places to 86th in global competitiveness rankings
Economy(currently ranked 80th), which make up 20 percent of the GCI and 5 slots in efficiency enhances (67th), which account for 50 percent of GCI. In contrast, its position gained 7 slots in innovation
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Higher number of firms and employees, increased average wage in private sector in 2016
EconomyMacroeconomy. For nearly 7 out of 10 employees, the weekly working hours exceeded 35 hours. A quarter worked... part-timers, around 41 percent received a salary up to 1,000 euros, more than 20 percent between
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Stocks climb 4.8 pct on increased optimism about deal with institutions
Economyincreased 5 percent QoQ and 20 percent for the whole year to 881 million. Motor Oil issued 5-year senior... an equal amount of senior notes due in 2019. PPC releases its 2016 results on April 7. No other major
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Govt hopes counter-measures, debt relief talks enough to escape multi-bill maelstrom
PoliticsGreek Politicsis on 30 percent, down 3 points from March, and SYRIZA on 20, up one from two months ago. PASOK is on 11... of Centrists garners 8 percent, To Potami 7 percent and Independent Greek 6 percent.
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Athens goes over energy plans, eyes enhanced role
PoliticsForeign Policythe offshore gas fields of Israel and Cyprus with Greece and possibly Italy at a cost of around 7... to 20 billion cubic metres per year in order to allow the transportation of multiple sources of gas
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Survey shows 42 pct of Greek expats unlikely to return
Society. Almost 20 percent earned 41-60,000, 14 percent 61-100,000 and 10 percent earned over 100,000. In order... percent are managers, 7 percent are senior executives and 4 percent are businessmen. The remaining 10
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Privatisation plan inches along as groups express interest in DESFA
EconomyProgrammewas the Athens International Airport (AIA) SA concession, which was extended for 20 years for the sum of 600... for the tender was extended to August 7 and the value of the new bid is expected to reach
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Debt relief-for-reforms option being discussed for post-programme era
EconomyProgrammeexpect this to take place in November. It is likely to extend to 20 bonds with a face value of 30 billion euros, which will be merged into four titles with 7 to 20-year maturities. The aim is to improve
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Despite cuts, pension system still at risk due to old-age dependency
Societyolder than 65 years for every 100 persons of working age (20 to 64 years). The ratio rose from 19.5... the average population. However, in Greece and Spain in particular, the rate was only 7 and 10
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Multi-bill passed, sub-tranche released but debt relief expectations dwindling
EconomyProgrammeand the extension will be smaller, possibly at around 7 years. The length of the extension could be directly... expressed hope of receiving around 20 billion euros from the ESM to buy out Greeceās IMF loans and buy
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