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  1. After Q3 results, what next for Greek banks?

    Agora

    be provided by the recent ECB rate cut, which is expected to further lower their funding cost by a total 180... as a result of the new collective labor agreement in the banking sector (imposing a 6.5 percent cut in wages

    9%

  2. It's not the distance; it's the load you carry
    Photo by Harry van Versendaal

    Agora

    cut measures, which corresponds to just over 27 percent of GDP. This impressive figure is indicative... schedule requires a country that has cut through the fat, the meat and has reached the bone

    9%

  3. Shortcomings in healthcare seen at forefront of austerity impact in Greece
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    cut among OECD member states. It is no surprise that this has affected the quality of healthcare..., a third of the street work programmes were cut because of scarcity of funding, despite a documented

    9%

  4. Greek primary surplus at 1.5 bln in Q1, aided by PIB and social underspend

    Economy

    revenues and higher tax refunds. Moving to the expenditure front, the cut in primary expenses stalled... expenses are mainly owed to a cut in grants to the social security sector by 27 percent or 1

    9%

  5. Greek Parliament's budget office questions primary surplus sustainability
    Photo by MacroPolis

    EconomyMacroeconomy

    on the size of the economic recovery, larger surpluses could be achieved either through a cut in public.... On the other hand, the cut in household income and the continued redesigning of the tax system mean

    9%

  6. Better contribution collection for Greek pension funds but 5.1-bln shortfall looms
    Photo by MacroPolis

    Economy

    stems from the cut in salaries, reducing according the respective social security contributions (SSC... funds. This is reportedly anticipated to result in a further weighted average cut in auxiliary

    9%

  7. BoG charts how crisis has affected private sector employment

    Economy

    is that companies initially reacted to the crisis through job shedding, which was later followed by a cut... by 31.2 percent, while real daily wage was cut by 7.35 percent.

    9%

  8. Multi-bill passes but coalition's relationship with armed forces and police sours further

    PoliticsForeign Policy

    alienating them. Before being elected in June 2012, Samaras had pledged not to cut their wages... the 2012 wage cut and the merging of their auxiliary pension funds has left the armed forces

    9%

  9. GSEE report stresses risks on employment and the pension system, outlines burden on wages

    Society

    to the cut in the unit labor cost, according to GSEE. The purchasing power of the average wages is expected... this corresponds to a 23.1 percent cut in their purchasing power. Since the number of employed retreated 20 percent

    9%

  10. Court ruling on property tax levels could hurt future revenues
    en_GB Photo by Harry van Versendaal

    EconomyMacroeconomy

    ENFIA compared to MoF estimates of 2.65 billion for 2014. A cut in objective prices by 30 percent... with a significant fiscal impact, which were related to the abolition of the last wage cut imposed in 2012

    9%