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  1. Why it makes sense for ESM to swap Greece's IMF loans
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    in a cushion of 20 billion euros of programme financing being left aside. To date, the ESM has disbursed around 40 billion euros. The disbursement schedule has another 18.4 billion euros to be released until

    3%

  2. Athens unmoved as relations with Russia become chillier
    Photo by Alexandros Vlahos ANA/Fosphotos

    PoliticsForeign Policy

    with regard to plans for the Turkish Stream pipeline. Russia has already warned Athens that if Greece... of Souda Bay by US forces as a key naval base in the region. Russia has been opposing this behind closed

    3%

  3. Pandora's box ajar for Turkey and Greece?
    Photo by Andrea Bonetti/Fosphotos

    Agora

    of internal polarisation. Now, the Lausanne controversy has been resurrected. But this time, if Turkish... and nationalist tone in Turkey. Almost all the newspapers came out with the same headlines; "Erdoğan has

    3%

  4. Auctions, strikes trouble Tsipras but focus still on programme exit
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    even before the third programme has been concluded. The two MoU-related issues that are causing most.... Snap polls The latest turbulence has sparked fresh speculation in some local media about

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  5. Net job hirings balance for November turns negative by 39,221
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    of 37,667 was recorded, the current month’s figure has worsened by 1,554. Hirings totalled 169,819 versus... to 42 percent of the total. The balance has persistently remained in favour of part-time and shift work

    3%

  6. Wages index improves 0.9 pct in Q3, declines 0.7 percent YoY
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , the index has fallen by 0.7 percent. The record high of 120.4 was posted in Q1 2010, while the lowest reading of 78.8 was recorded in Q1 2000. Since its peak, the index has declined by a quarter on the back

    3%

  7. Number of private sector employees rises in 2017 but wages fall
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by more than one firm. Compared to last year, the number of companies has risen by 14,085, while the number of unique employees has increased by 121,913 versus last year. Nearly three quarters of firms

    3%

  8. Most Greeks negative about spending power in 2018
    Image via www.deloitte.com/gr

    Society

    A Christmas survey by Deloitte Greece has found that Greek consumers appear to be the most pessimistic in Europe. The local report has been released for eight years running and is carried out across 10 European countries. The Greek survey questions 500 consumers about their Christmas budget

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  9. Industrial production shows growth of 0.8 pct in November
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    on Tuesday. In the figures for 2017, the IPI has remained steadily in positive territory. The latest figure... that in the year to date, industry confidence has improved by 5.9 points. Additionally, the Markit

    3%

  10. Athens set for 6.7 bln bailout tranche, talks on post-MoU framework
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    Monday’s Eurogroup is expected to confirm that the third review has been completed and that Athens will be able to receive its next tranche of bailout funding once a few remaining prior actions... of arrears has been fully allocated. According to Deputy Prime Minister Yiannis Dragasakis

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