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Newsletter 277 -11/12/2020
PM rebuffs Covid-19 criticism Mitsotakis defends govt stance but is forced to extend some measures until Jan After being forced to extend Covid-19 restrictions into January, Prime Minister Kyriakos Mitsotakis tried to defend this week his, and his gover...
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Greece gets new finance minister but old guard dominates cabinet reshuffle
PoliticsGreek PoliticsEnding days of speculation, the new Greek cabinet was named on Monday, with Eurobank economist Gikas Hardouvelis being appointed Yannis Stournaras’s successor at the Finance Ministry. Hardouvelis’s appointment was by far the most notable. There was no c...
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Erdogan makes forceful start to visit, catches Athens off guard
PoliticsForeign PolicyThe Greek government found itself in an uncomfortable position on Thursday, the first day of a visit by Turkish President Recep Tayyip Erdogan, who called for the 1923 Treaty of Lausanne, which delimited the boundaries between the two countries, to be r...
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Budget deficit of 6.38 bln in Aug confirmed; target beaten due to one offs
EconomyMacroeconomyThe budget primary balance was confirmed at a deficit of 6.38 billion euros in the first eight months of 2021, compared with a deficit of 5.48 billion in the same period last year, the final Finance Ministry (MoF) budget execution data showed on Monday....
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VAT and income taxes buoy revenue performance as primary surplus target is beaten in Sep
EconomyMacroeconomyThe budget primary balance in September was confirmed at a surplus of almost 6 billion euros, compared to a surplus of 52 million euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Wednesday....
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New migration law passes amid questions over Chios tragedy
PoliticsGreek Politicsthe Hellenic Coast Guard and migrants. Fifteen migrants were killed off Chios earlier in the week when a coast guard vessel and a dinghy carrying irregular migrants collided. According to reports, some of the survivors have claimed that their boat was rammed by the larger coast guard boat. However
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Holding out for a (reformist) hero
Agorawhere an obstacle course of determined interest groups, non-cooperative civil servants, serpentine
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QE arrives for Greece
Agorarallies can turn in the opposite direction when a so-called “black swan” event occurs and infects all
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PM wades in on Turkey dispute as Covid-19 threat grows at home
PoliticsGreek Politicsa second wave. Epidemiologist Nikos Sypsas, a member of the scientific committee advising
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PM calls for step-up in jabs, tougher enforcement in response to rising infections
PoliticsGreek Politics. Professor Nikos Sypsas also appeared to chide the PM, warning that “the virus has its own agenda
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