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IMF insists fiscal targets unrealistic, cites historical evidence to support case
EconomyProgrammefor more than 10 consecutive years. When the primary surplus threshold is increased to 3.5 percent...). Unemployment was moderate (10 percent) and net foreign debt was low (24 percent of GDP). Greece is about... by more than 10 percentage points, the IMF concludes that only a fifth of those continued
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Survey sheds light on sentiments in lockdown, as govt backpedals on voucher scheme
PoliticsGreek Politicsin favour of a gradual easing of restrictions, starting in early May. However, around four in 10... in digital participation. Four in 10 Greeks say they will now make more use of e-government services, and three in 10 will pay more bills online. Up to 37 percent of workers would be willing to work from
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A varied set of views on China
Agoraof inferior quality to that of western goods. In short, while Greeks are not disposed negatively... in their eyes. Nor do they envy life and work in China, and find Chinese commodities of inferior quality
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Golden Dawn rears its head in local polls, prompting rethink from main parties
PoliticsGreek Politicshopeful took almost 9 percent. The far right party also received about 9 percent in Central Greece
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Seasonal jobs bring down Q2 unemployment to 26.6 pct but long-term jobless rising
EconomyMacroeconomyand more than 9 pp YoY. Part time employment amounts to 9.4 percent of total employed with almost... percent, the manufacturing sector at 9 percent, the public administration and defence at 8.9 percent
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Greek economic sentiment and consumer confidence fall for third month in a row
EconomyMacroeconomyan improvement by almost 5 points. After increasing in each of the preceding 9 months with cumulative... trade dropped by more than 9 points to -2.5 in September, posting a negative reading for the first
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Retail sales rise in July for second straight month - not seen since 2010
EconomyMacroeconomy, three sectors, namely food, beverages and tobacco (-9 percent), furniture, electrical and household... it recorded a cumulative drop of 8 points since then. The retail trade confidence fell by more than 9
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Among euro area SMEs, Greeks face most problems with access to finance
Economyin Austria (7 percent) and Germany (9 percent). When asked how pressing “access to finance.... On the cost front, the net percentage of Greek SMEs reporting an increase in bank lending rates declined to 9
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In effort to reach new deal, Greek government cannot ignore liquidity constraints
EconomyProgrammeof interbank repos up to 9 billion euros. In addition, collaterals in the form of state guaranteed bank... bodies. On the political front, apart from the confidence vote in the Parliament (likely on February 9
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Higher revenues set to ease coalition's liquidity concerns
EconomyProgrammeof 150-200 million euros. Greek banks currently hold around 9 billion of T-Bills but are legally... this week involves the payment of around 450 million to the International Monetary Fund due on April 9
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