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Brussels sets out guide for post-MoU financing needs, cash buffer
EconomyProgrammeof a cash buffer. This is the first time that the eurozone has acted on the agreement of the June.... The financing schedule between now and the end of the programme has 18.4 billion euros, which creates a cash
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Economic sentiment at 101.9 pts in Jan, consumer confidence dips by 0.7 pts
EconomyMacroeconomyto 76.3 in August 2015 due to the prevailing uncertainty. As confidence has slowly returned, the ESI has gradually improved, especially after May 2017 and the successful conclusion of the second
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Manufacturing wage cuts were turned into profit, GSEE study claims
EconomyFeaturesA study by the General Confederation of Greek Workers (GSEE) has stated that lower wages during the crisis resulted in greater profit margins for companies rather than lowering prices. Wage..., leading to reduced competitiveness on the international markets. “Perhaps the time has come
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New Democracy turns up heat on Tsipras and Kammenos
PoliticsGreek Politicshas entered a period of extreme polarisation. New Democracy hopes that it will be able to rally... of the support it has lost since 2015 by focussing on the idea of tackling the old political system
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Net job hirings balance negative by 16,542 in January
EconomyMacroeconomyof January has recorded a negative balance for every year since 2001, with the exception of 2014 when... percent) were voluntary. Full-time hirings represented 46.8 percent of the total. The balance has
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Part-time work, low pay characterise crisis-era job market
SocietyResearch by the Centre of Athens Labour Unions (EKA) has shown that women and young workers were hardest hit by changes in Greece’s post-crisis job market. The research, titled “Living and working... they were in has no connection to their qualifications or what they had studied. Full insurance
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New measures to ease capital controls, lift restrictions on opening bank accounts
EconomyMacroeconomypublished in the government’s gazette. It is the third set of measures that the MoF has announced to relax... of capital controls has been cited as an issue by both the Bank of Greece and the country’s lenders
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Tension between coalition and political opponents here to stay
PoliticsGreek Politicsfor repeatedly suggesting that Greece should seek a precautionary credit line, even though this idea has... on Saturday, but instead upped the stakes by suggesting that the government has been tampering
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Wages index improves by 0.2 pct in Q4, up by 2 pct YoY
EconomyMacroeconomyfor the year. From a recent high of 91 in Q3 2016, the index has fallen by 0.5 percent. The record high... peak, the index has declined by a quarter on the back of the negative impact stemming from
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Strong interest as Greece issues first 52-week T-Bill in almost eight years
Economyand 26-week issues that Greece has been rolling over throughout the crisis and are mostly held by Greek... government has at its disposal (including the primary surplus, repos, cash buffer and programme
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