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Political tremors shake Spain, overshadow economic progress
Agoraparties The PP and the PSOE’s joint share plummeted to less than 50 percent for the first time... for these two parties totalled 16.5 percent of the votes, seven percentage points less than the PSOE. However... jobless people. Around 60% of them have not worked for more than a year nor did 1.2 million workers over
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Drop ‘til you shop
Agoraof consumers of need rather than choice. Nevertheless, this is the debate that has been prompted... is that most Greeks simply do not have enough money to shop anything other than pretty much the basics... for working on Sundays if the scheme is to be anything other than a cheap stunt for owners to pocket
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UnLuCky for some: Another painful lesson from the euro crisis
Agorathe damage on the economy and employment than had been thought initially. When this was combined... they did not control. The euro’s problems suddenly became national rather than common. Until... than resources who managed to keep their employment. Even if you want to take the “Protestant” view
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Parliament's budget office sees Greek recovery finely poised
EconomyMacroeconomythat the Greek economy could grow by more than expected this year but that a series of concerns... weigh on the recovery. The PBO estimates that the economic recovery this year may be stronger than... is one of the biggest in the world, higher than that of other countries with systemic crises
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The tarnished legacy that will haunt the Athens Olympics
Agorawarned the euro area that its public debt and deficit figures would be worse than expected. The deficit for 2004 came in at 6.1 percent, more than double the eurozone limit, while Greece’s debt... have been held accountable? Greek taxpayers, who were largely the victims rather than perpetrators
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Eurobank reports net loss of 301.1 mln in Q2
EconomyBanking, the underlying net loss stood at 186.2 million euros, which was slightly lower than the 189.3 million posted... improved by more than 3 percentage points QoQ to 54.6 percent in line with its domestic peers. The non... ratio is in line with that of Piraeus, but lower than the 58 and 56 percent reported by Alpha
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Increase in car sales accelerates to 44.3 pct in September
EconomyMacroeconomythan double from the August reading, according to the Hellenic Statistical Authority (ELSTAT... than 80 percent) of new licenses in road motor cars stems from passenger cars, which soared 46.3... than half of total motor vehicle circulation licenses, showed a slower growth rate in September
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Greek economic contraction during crisis higher at 24.6 pct, revised data shows
EconomyMacroeconomyfor 1995-2013 so it is in line with the new European System of Accounts (ESA 2010) rather than... was minimal, with 2013 nominal GDP now standing at 182.44 billion euros, just 0.2 percent higher than... more than previously recorded by ELSTAT. This corresponds to a cumulative GDP contraction of 24.6
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September revenues drive 9-month Greek primary surplus up to 2.53 bln
Economyeuros better than target) more than offsetting the Public Investment Budget (PIB) balance (258 million... figure at 2.6 billion, more than 300 million above target. After a slight increase in August... better than target. Interest payments fell by 8.9 percent to 4.82 billion in the 9-month period almost
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Greece said to eye exit plan with precautionary support but no new MoU
EconomyProgrammeeuros but the government reportedly estimates that more than 10 billion will still be available after... a precautionary support rather than a credit line and would be available to Greece whenever the country cannot... that the usage of HFSF capital buffer for other purposes than bank recapitalisations would require
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