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This is what's in the legislation Greece has to approve by Wednesday night
EconomyProgrammeThe government tabled in Parliament on Tuesday the first draft bill including three of the four measures Greece has committed to as part of Monday’s Euro Summit agreement to legislate before July 15.... As of January 1, 2016 the state’s guaranteed social security contributions (SSC) to main pension funds
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Sharp drop of 4.2 pct in Greek industrial turnover in May
EconomyMacroeconomyThe drop in Greece’s Turnover Index in Industry accelerated to 4.2 percent in May from a revised 0.8 percent decline in April, according to the Hellenic Statistical Authority (ELSTAT). The May...’s Manufacturing PMI eased by 1.1 points to 46.9 points in June, indicating the second lowest
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More than a fifth of Greeks materially deprived, survey finds
Societywith utility bills in 2013, according to data on material deprivation published recently by the country’s...; to go on a week’s holiday from home; a television set; a washing machine; a car; a telephone
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Tension within SYRIZA growing, split looming ever closer
PoliticsGreek PoliticsA split within SYRIZA seems only a matter of time following Monday’s developments in Athens. Prime Minister Alexis Tsipras addressed the party’s political secretariat and reiterated his position that he had no other viable option but to agree to a third bailout, having exhausted all possibilities
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Parliament's budget office rings alarm bell on economic prospects
EconomyMacroeconomyof reliability may have political, social and economic implications, although the Prime Minister’s... the government’s political choices since it hinders the rational discussion on the specific measures and reforms
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Manufacturing PMI falls to record low in July, new business sees biggest drop
EconomyMacroeconomyGreece’s Manufacturing PMI tumbled to 30.2 in July from 46.9 in June recording its lowest ever reading, according to Markit. The sharp deterioration was evident in almost all variables of the survey... of Greece’s total productive output, the sheer magnitude of the downturn sends a worrying signal
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Some snags remain in discussion with lenders over new privatisation scheme
EconomyProgrammeDuring a lengthy meeting with the quartet of Greece’s lenders on Tuesday, government officials discussed in detail privatisations – one of the key issues that need to be settled... to the International Monetary Fund’s latest official estimates, which were included in the preliminary
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New Greek statistical mapping application launched
Societypopulations concentrated? The answers to all these questions can be found in Greece’s census data... geographical levels, such as along the country’s 13 regions or 6,000 local municipal units
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Bank recap and NPL management create conundrum in bailout talks
Economyassessment will be conducted by the European Central Bank’s Single Supervisory Mechanism (SSM) to determine... to the European Banking Authority’s (EBA) wider definition of non-performing exposure (NPE
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Economic situation biggest worry for Greeks, latest Eurobarometer shows
Societypercent) to Slovakia (57 percent), saw it as a bigger problem in their country. Greece’s economic situation (51 percent) and its national debt (27 percent) were seen by Greeks as the country’s second
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