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IOBE think-tank sees recession of up to 2.5 pct this year, milder in 2016
EconomyGreece is expected to experience a significant recession this year and a milder one next year, while unemployment may edge up this year, according to the latest report on the Greek economy published Foundation for Economic and Industrial Research (IOBE). Commenting on the recent agreement
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Total health spending down to 8.65 pct of GDP as public healthcare sees big drop
Society” of Greek health spending data with that of other countries. The revised data shows that total
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Varoufakis and his friendly fire
Agora. In fact, it is perfectly natural that a Greek government in the grip of a deep crisis and unpredictable
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Bailout talks, SYRIZA bickering continue - no definite end date for either
PoliticsGreek Politicsbe concluded in time for Greek Parliament to vote on it by August 18, which would theoretically allow
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Greece and creditors try to untangle pension complications
EconomyProgrammeOne of the key issues in the negotiations with the institutions over an agreement for a new bailout programme relates to the pension reforms. The first bill of prior actions voted in the Greek Parliament on July 15 included the following pension-related interventions: 1) Health contributions
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Possibility of snap elections after third bailout agreed is firmly on Tsipras's agenda
PoliticsGreek PoliticsThe Greek government is now openly talking about the possibility of snap elections in the autumn, after it has wrapped up an agreement with the institutions on a third bailout. Government spokeswoman Olga Gerovasili referred to early polls twice during TV appearances this week and made a third
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CPI falls by another 2.2 pct in July as VAT rises yet to be recorded
EconomyMacroeconomyThe rate of drop in the Greek consumer price index (CPI) remained at 2.2 percent for the second straight month in July, according to the Hellenic Statistical Authority (ELSTAT). As a result, the CPI decrease was retained above the 2-percent mark for the eighth successive month. The harmonised index
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Industrial production down by 4.5 pct in June for third monthly drop this year
EconomyMacroeconomyThe Greek Industrial Production Index (IPI) fell for the second straight month in June, when it was down by 4.5 percent from 4.3 percent in May, according to the Hellenic Statistical Authority (ELSTAT). The June headline figure is the third negative reading in the first half of the year
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Tsipras ponders delaying snap elections until debt relief talks start
PoliticsGreek PoliticsGreek Parliament is expected to vote on the country’s third bailout of around 85 billion euros with international lenders on Thursday after the negotiating teams appeared to reach an agreement on Tuesday morning. Thursday’s vote could prove decisive in shaping Greece’s immediate political future
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On the agreement for a third bailout
AgoraMacroPolis editor Nick Malkoutzis speaks to Juliette Foster of Share Radio in the UK about the agreement between the Greek governemnt and its lenders on the third bailout and what we can expect in the days ahead. The subjects discussed also include the possibility of lenders, Germany in particular
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