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Greeks living in smaller, older, poorer quality homes during crisis, BoG study shows
Societyin 2008. It is estimated that 1 million houses in Greece were built after 2000 but only 10 percent... by 0.2 percent in 2008-2012, apartments grew by 1 percent, while other type posted a double-digit
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Multi-bill passes but coalition's relationship with armed forces and police sours further
PoliticsForeign Policy-tranche of 1 billion euros, and 47 lawmakers opposed it. The multi-bill contained a raft of reforms... the next 1 billion euros from its lenders. Greece has 5.6 billion euros of bonds maturing this month
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The IMF crisis and how to solve it
Agora-boggling 22% in just 18 months (yes, over 1 percent a month). Greece has endured the largest... and policy decisions. There are numerous other examples of inadequate explanations, including: (1
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Finance Ministry scrambles to correct property tax after error-strewn debut
EconomyMacroeconomyon August 1. The first warning sign that something was not quite right came on August 1, when MoF
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How Greek banks' capital needs could be reduced by 2.3 bln
Economyon the recognition of DTA in Common Equity Tier 1 (CET1), set at 20 percent of CET1. A later BoG decision (Executive... period starting from January 1, 2015. This rule will also be applied in the upcoming EU-wide stress
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Greek central government debt rises to 322.4 bln in Q2
Economyexceeding 5 years, while the remaining 21 percent is equally split between short (up to 1 year) and medium (1 to 5 years) term debt. Greece’s cash deposits rose by around 1.5 billion euros
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Seasonal jobs bring down Q2 unemployment to 26.6 pct but long-term jobless rising
EconomyMacroeconomypercent, down by 0.8 pp YoY. Although the number of ‘long-term’ (more than 1 year) unemployed slipped... respectively. The unemployment rate in the Attica region (Athens, Piraeus and suburbs) remains almost 1 pp
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Primary surplus inches up to 2.9 pct in Greece's 2015 draft budget
Economysector. Kathimerini also noted that the Finance Ministry anticipates increased revenues by 1 billion... the target by almost 1 billion. However, 8-month revenues fell short of their target by 107 million
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The politics of debt dynamics in Greece
Agorathe sovereign debt levels attained in 2011, i.e. before the two debt restructuring operations of 2012.[1... Play. [1] This arrangement does not apply to the IMF. Greece has to repay the Washington-based
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Is there (sustainable) growth in Greece?
Agora, and it is expected that in 2014 it will account for approximately five percent.[1] But this emerging... Play. [1] This contribution is calculated as net receipts to Greece from sea transport. According
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