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New Democracy's 2021 agenda focusses on reforms, social support
PoliticsGreek PoliticsWith the national Covid-19 vaccination plan under way and pressure on hospitals slowly easing, the final cabinet meeting of 2020 turned its focus on the government’s agenda for the coming year.
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Many obstacles to clear in Greece's digital leap
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EconomyFeaturesAnnouncing the establishment by Microsoft of a regional cloud computing hub in Greece, Prime Minister Kyriakos Mitsotakis said that his government was focussing on “the digital transformation of government and the economy” as a critical step in achieving “Greece’s leap into the future, placing Greeks among the winners of the 4th industrial revolution”.
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RRF proposals and Pissarides report chart direction of travel for post-pandemic Greece
PoliticsGreek PoliticsThe publication in the past few days of two major policy documents has given a fairly detailed insight into the strategic direction mapped out by the Greek government for the post-pandemic era.
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Lenders acknowledge reforms, flag up tricky fiscal path ahead
EconomyProgrammeGreece managed to clear on Wednesday the fourth post-programme review for this year and the third since the pandemic broke.
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Moody's upgrades Greece to 'Ba3' on back of reforms, warns of tricky period ahead
EconomyIn an unexpected move on Friday night, Moody’s upgraded Greece’s credit rating by one notch to ‘Ba3’ from ‘B1’, while it kept the outlook stable.
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WWF sets out road to green economic recovery in post-Covid landscape
EconomyFeaturesWWF Greece has released a blueprint for Greece’s green recovery which outlines a number of steps for the government to take to improve the country’s environmental profile.
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IMF sees GDP shrinking by 9.5 pct in 2020, warns about pace of fiscal consolidation
EconomyProgrammeThe International Monetary Fund (IMF) concluded on Friday its second post-programme monitoring mission, which took place remotely, by publishing the staff concluding statement.
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Seventh post-bailout review completed, lenders flag up state arrears and unpaid pensions
EconomyProgrammeGreece officially completed its seventh post-programme review on Wednesday, when the European Commission released the relevant report.
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PM seeks fine balance as he prepares to unveil latest set of fiscal measures
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis is building up towards his economic policy speech in Thessaloniki on September 12, although the government is trying to lower expectations about what the public should expect.
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Insolvency code, 'second chance' for debtors unveiled as ND eyes social impact of crisis
PoliticsGreek PoliticsThe government has unveiled the draft legislation that paves the way for Greece to adopt a new insolvency code and offer debtors a so-called “second chance” – a move that New Democracy hopes will stave off a major social impact resulting from the long economic crisis, as well as the knock-on effect of the more recent coronavirus pandemic.