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Tsipras wins vote on 3rd bailout but loses more MPs, raising probability of snap polls
PoliticsGreek PoliticsThe third bailout passed through Greek Parliament comfortably on Friday morning but a growing rebellion from SYRIZA MPs left Prime Minister Alexis Tsipras in a less than comfortable position. Following a lengthy debate, which was marked by parliamentary speaker Zoe Konstantopoulou slowing
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Tsipras makes move to trigger swift elections but opposition stands in way
PoliticsGreek Politics” and that Greek voters should now have an opportunity to have their say on the third bailout. While
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European Commission evaluates impact of bailout programme
EconomyProgrammein the new programme, the document notes that the Greek authorities have pledged to limit the use
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Concerns for SYRIZA mount as brief election campaign gets underway
PoliticsGreek PoliticsFair (TIF), usually a platform for Greek prime ministers to present their economic policies. Likely
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Retail sales fell by 1.7 percent in June, after a short-lived rise in May
EconomyMacroeconomypublished by the Greek Federation of Commerce and Entrepreneurship, retail trade is estimated to have
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Election Watch: End of an era as Papandreous bow out of elections
AgoraWith his announcement that his Kinima (Movement) party will not contest the forthcoming elections “for financial reasons”, George Papandreou seems to be drawing a close on his family’s almost century-long involvement in Greek politics. Papandreou’s Kinima managed to garner almost 2.5 percent
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Report sees fall in salary earners, big rise in part-time work during crisis
EconomyA new annual report from the Labour Institute (INE) of the General Confederation of Greek Workers (GSEE) highlights the devastating impact that the recession and austerity measures have had on the local labour market over recent years. The number of salary-earners fell by around 18 percent to 2.26
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Tsipras looks for traction with elections finely balanced in final stretch
PoliticsGreek PoliticsSeeing his chances of becoming the next prime minister fade, Alexis Tsipras attempted to give new momentum to SYRIZA’s election campaign on Sunday. Tsipras spoke on Sunday evening at the Thessaloniki International Fair, which is traditionally the setting for the Greek prime minister’s economic
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Industrial production drops by 1.6 pct for third successive month in July
EconomyMacroeconomyThe Greek Industrial Production Index (IPI) dropped for the third successive month, albeit at a decelerating pace, by 1.6 percent in July from an upward revised 4.7 percent in June, the Hellenic Statistical Authority (ELSTAT) said on Wednesday. The July headline figure indicates the fourth negative
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Unemployment rate edged up to 25.2 pct in June
EconomyMacroeconomyin 2017. Those assumptions have been incorporated in the baseline scenario of Greek banks’ stress tests
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