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Parliament will not probe 2015 bailout negotiations but issue unlikely to disappear
PoliticsGreek Politics. In recent comments clarifying his description of the preparation of so-called Plan X in his book, Galbraith... was involved in a strategy that sought to push Greece towards a euro exit, said that Plan X
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Are Chinese investments starting to hit a wall in Germany?
Agora.[x] The rapid growth of Chinese outbound investment in recent years has raised awareness in host... Volkswirtschaft um? Berlin, January 2019. [x] See: Bershidsky, Leonid: “Germany Enters the Global
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Newsletter 120 - 26/05/2017
Tsipras ponders next Eurogroup Deal remains elusive ahead of crucial June 15 meeting Greece emerged... will be reached at the next gathering of eurozone finance ministers in Luxembourg on June 15. Leaked... to risk it all by turning their back on whatever deal is on offer on June 15. It is more likely that he
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General govt primary cash surplus at 6.25 bln in September, arrears drop by 82 mln
EconomyMacroeconomyof other revenue, a slight rise of 6 million euros was seen, taking the total to 846 million... by SSFs (+15 million) and state budget (+8 million). Declines were seen in tax refunds (-118 million), hospitals (-13 million) and extrabudgetary funds (-6 million). Since the start of the year, total
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Tsipras gives mixed message on expectations for crucial upcoming Eurogroup
PoliticsGreek Politicsaccept when Greece and its lenders return to the negotiating table at the June 15 Eurogroup... Greece. However, the reality for Tsipras is that if there is no agreement on June 15, there is hardly... tranche of around 7 billion euros in order to meet debt repayments in July of over 6 billion. Given
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Labour Force Survey, Quarterly, 15 - 19, Unemployment Rate
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Why did Greece return to bond markets now? Was it the right decision?
Economyof that, the yield on 10-year Greek bond looked to be heading below the 6 percent mark. However... to continental Europe, 15 percent to the rest of the world and 7 percent was distributed to investors in Greece... indicated that Greek officials felt a yield of around 6 percent would be satisfactory. It should
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Greece and creditors try to untangle pension complications
EconomyProgrammeParliament on July 15 included the following pension-related interventions: 1) Health contributions for pensioners have increased to 6 percent (from 4 percent) for main pensions and to 6 percent (from zero... will be reduced by 2 and 6 percent respectively. According to the General Accounting Office, the rise
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No time for Tsipras to celebrate as long list of tasks means pressure is on from start
EconomyProgramme) Increase of the tax rate on income for rents for annual income below 12,000 euros to 15 percent (from 11 percent) and for annual income above 12,000 euros to 35 percent (from 33 percent). 6) Increase... retirements, on top of the current annual penalty of 6 percent. 4) The harmonisation of contribution
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Athens meets bond targets despite testing market conditions
EconomyMinistry provided the details of the transaction for the 3 billion notes due 15 February 2025. The settlement date will be February 15, the coupon is 3.375 percent, the price settled at 99.236 percent... oversubscribed in excess of 6 billion euros from around 210 investors, which permitted the pricing
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