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Athens expands survey area off Crete, signs MoU with Egypt
PoliticsForeign PolicyGreece’s decision to issue a new Navtex, expanding the area of seismic surveys for hydrocarbon... (GNA) as well as Turkey. The request to expand the area of research was submitted by ExxonMobil..., the area is north of the median line that Greece has unilaterally defined as an external limit of its
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Europe missed an opportunity on banking union
Agoramembers of the euro area. A year and a half later, an agreement was reached in principle in Brussels... banks and will put all lenders through stress tests. The ECB’s involvement gives us hope... markets, rely heavily on banks for financing. If the banking system is not put in order
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Access to finance remains far bigger problem for Greek SMEs compared to euro area peers
EconomyMacroeconomythe lowest and well below the euro area average of 17 percent. On a scale of 1 – 10, Greek SMEs... it remains the highest in the euro area, above the average which stands below 5. SMEs in Greece also... area average was close to zero, in Greece it was 29 percent (down from 35 percent. Meanwhile
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Newsletter 68 - 01/04/2016
encouraging signs during March, when the UNHCR put the number of arrivals at 26,222 by the 30th... review has not been completed and the refugee crisis is in full flow? Being put in charge of these twin... not in a rush to become prime minister,” he told Skai TV. Greeks have paid dearly for the headstrong rush
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Newsletter 44 - 25/09/2015
with politicians with expertise. This is likely to put great pressure on Tsakalotos, Chouliarakis... of meeting the bailout demands. Another area in which Tsipras’s governing capability will be tested... the government has to do straight away, including drafting a pension reform plan, proceeding with privatisations
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ND stakes claim on social policy, highlighting referendum anniversary
PoliticsGreek Politicsthe battle to an area that is traditionally perceived as the left-wing opposition’s turf. It is worth... the grip of the state. The list echoes the message put forward by the prime minister in recent... requested a parliamentary debate on the subject, before proceeding to list 12 areas where
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Domestic factors seen playing role in PM's pick for European Commission
PoliticsGreek Politicsof the country and a continuation of the government’s policy of investing in this area through a number... under the terms of Greece’s debt restructuring to manage state-owned enterprises. The reforms put.... Legislation landmarks The government is also proceeding with a busy legislative agenda in the final days
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Piraeus Port Authority announces profit increase for 2015
EconomyBankingcapacity, with extra routes put on to accommodate the flows. The cruise industry was also mentioned... is and hence on the import and export cargo through the port.” In 2015 coastal area handling (from... in the field of maritime transport, by reducing expenses, settling its obligations, while proceeding
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Sharper drop for retail sales in July points to lingering recession
EconomyMacroeconomyperiod, with the average monthly inflow at c400 million euros over this 3-month period. Our understanding is that Greek households prefer to put the little spare money they have in their banking accounts
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Retail's downward slide continued with 8.9 pct sales drop in August
Economy, with the average monthly inflow at c400 million euros over this 3-month period. Our understanding is that Greek households prefer to put the little spare money they have in their bank accounts rather than
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