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  1. Arrears payments of 915 mln in Aug bring total to 1.4 bln over two months
    Photo by Damian Mac Con Uladh

    EconomyMacroeconomy

    published on Friday. This means Greece has cleared a total of 1.36 billion euros of arrears... at 104-105 percent of the target by the end of September. However, this has to be confirmed

    3%

  2. Greek government faces hard labour dilemma
    Photo by MacroPolis

    PoliticsGreek Politics

    In the 14 months since signing Greece’s third bailout, Prime Minister Alexis Tsipras has stuck to a punishing schedule of unpopular changes. Taxes are higher, pensions were cut while contributions.... Since that last happened, however, the labour landscape has shifted dramatically, with the surge

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  3. Athens looks to Draghi for positive signals on debt relief
    Photo by ECB via Flickr https://flic.kr/p/qhZVDy

    PoliticsGreek Politics

    weeks, a pledge that has raised eyebrows given that first review dragged on for 11 months...-time contracts are being paid less than 360 euros per month, while uninsured labour has surged to 30

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  4. After first talks in Athens, Greece and lenders aim for swift progress on second review
    Photo by MacroPolis

    EconomyProgramme

    had paid arrears of 1.36 billion euros by August, while an additional amount of 495 million has been... in the negotiations, Finance Ministry sources indicated that progress has been made so far, while both parties

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  5. Cyprus talks enter crucial stage as Greece makes position clear on guarantees
    Photo via Flickr https://flic.kr/p/7bBypS

    PoliticsForeign Policy

    has been agreed between Athens and Nicosia and has already been presented by the Greek side

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  6. Arrears clearance meets September target, unlocks latest tranche
    Photo by Sebastien Bertrand via Flickr https://flic.kr/p/7ZRenG

    EconomyProgramme

    for September were incorporated. The note highlighted that the government has made good progress... pension claims of 1.44 billion, which amounted to 9.55 billion at the end of June has dropped to 8.05

    3%

  7. Retail sales fall by 3.1 pct in Aug after fleeting rebound in July

    EconomyMacroeconomy

    in July 2015. Since 2010, Greek retail turnover has posted a nosedive of 19.3 percent largely reflecting... of the spectrum, the most resilient performance during this period has been recorded by books, stationary

    3%

  8. Stocks rebound 1.5 pct during week, banks climb 4.6 pct
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    of increased 582.59 on Friday, but has lost 1.4 percent since the beginning of the month. The strong... the end of August that it has edged above the 60-million mark. Overall, the average daily turnover

    3%

  9. Greece, lenders inch forward after talks on settlement of tax and bank debt
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    is tabled in Parliament. ENFIA Meanwhile, the Council of State has issued a ruling deeming... Ministry has to adjust property values, and consequently the ENFIA due, for these four areas

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  10. Out-of-court settlement: An important tool to regulate debts to banks and public sector
    Photo by Panayiotis Tzamaros/Fosphotos

    Legal

    and will proceed to liquidation. In parallel, it is worth noting that the government has initiated... a remarkable effort to regulate current debts owed to banks and the public sector. However, it has raised

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