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Tsipras turns down last-minute Juncker offer, plans to stand aside if 'Yes' wins
PoliticsGreek PoliticsGreek Prime Minister Alexis Tsipras appears to have turned down a last-minute attempt by the European Commission to reach a compromise and has suggested that he could stand down if Sunday’s referendum results in a “Yes” vote. Reports in the early hours of Tuesday morning suggested that European
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Retail turnover fall accelerates to 3.3 pct in April
EconomyMacroeconomyand 0.7 percent MoM. Over the past six years, retail trade has fallen by more than 28 percent mainly
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IMF preliminary DSA finds Greek debt unsustainable, points to need for debt relief
EconomyProgrammeThe IMF published today the preliminary Debt Sustainability Analysis (DSA) that has not, however, been agreed with the other institutions nor approved by its Executive Board. At the last review in May 2014, the IMF had projected debt to GDP ratio at 127.7 percent in 2020 and 117.2 percent in 2022
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After 'No' vote, pulling Greek banks back from brink a priority
Economy, such a decision would lead to the resolution of Greek banks. The outcome of today’s referendum has
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General gov't cash primary surplus to May halves, arrears keep rising
EconomyMacroeconomyto an increase in repos by 386 million. The year to date movement shows the debt stock has decreased by 11
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Unemployment rate slips to 25.6 pct in April, lowest since July 2012
EconomyMacroeconomy, the number of unemployed has more than tripled from the 425,000 posted in April 2008. The NSA figures
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Disposable income up by 2.6 pct in Q1 for highest reading since 2009
EconomyMacroeconomypercent. Despite the growth recorded in the last three quarters, disposable income has fallen
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June deposit outflow rises to 7.58 bln as total balance drops to lowest in 12 years
EconomyMacroeconomythree weeks until mid-July. Since then, the ELA limit has been raised twice by 900 million euros each
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Credit contracts at slower pace of 1.7 pct in June, monthly loan flow positive
EconomyMacroeconomybalances have declined by more than 19 percent over this 4.5-year period. The sharpest drop has
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Total health spending down to 8.65 pct of GDP as public healthcare sees big drop
Societyaccounted for 18 percent. Hospital expenditure has declined from 9.02 to 6.71 billion euros from 2009
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