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Court ruling on pension cuts could create new problem in talks, fiscal plans
EconomyProgrammesector pensions stood at 2.35 billion euros in March. The bulk (more than 88 percent) involves main
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Greek firms rely on public procurement most in EU but also suspect corruption, survey indicates
Societythan the issues above. Just under seven out of ten companies (68 percent) say these are problems when... of 27.2 percent. The Greek figure was also noticeably higher than the next countries, Latvia (31.8... countries, a smaller percentage said that corruption was a problem for them when doing business
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Greece pinpoints flaws in Turkey's Aegean claims
PoliticsForeign Policya cut-off effect on the coastal projection of Turkey, towards Libya’s shores. Also, being on the “wrong... than its own surface.” Ankara also recently claimed that even an island of the size of Crete cannot have a cut-off effect on the coastal projection of Turkey to the Libya’s shores. Athens believes
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Outsider Kasselakis on track to lead SYRIZA after securing key backers
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis rather than his leadership rivals. A prospective victory would.... Libya debacle The government, meanwhile, is facing criticism over its handling of the deaths of five members of a Greek humanitarian rescue mission in Libya under unclear circumstances. The victims
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General gov't primary cash surplus markedly better in July but arrears climb
EconomyMacroeconomyimproved to 2.26 billion euros in July, which is more than double year on year (YoY). This was mainly... deterioration posting a deficit of 395 million in the 7-month period compared to a surplus of 812 million... percent MoM. Since the beginning of the year, arrears have grown by more than 52 percent or 1.97
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Among euro area SMEs, Greeks face most problems with access to finance
Economy” as the most pressing problem, according to an ECB survey on this subject conducted between April...” was as a problem in their current situation, Greek SMEs rated it at 7 on a scale of 1-10. For other countries... problem falling to the eurozone average of 5. Greek SMEs also ranked top in terms of reporting an increase
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Mitsotakis, Erdogan keep distance at UN as summer moratorium draws to close
PoliticsForeign Policyon the issue of Libya which will take place on the sidelines of the UN Assembly under the initiative of Italy...” by its agreement with Libya. Greece says that its agreement with Egypt annuls the Turkey-Libya... with a new, legal and permanent government in Libya and sign a maritime agreement with its southern
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Athens seeking Mitsotakis-Erdogan talks as Ankara suggests arbitration for disputes
PoliticsForeign Policy-called “exploratory talks” between the two countries rather than asking for international..., people who tried to claim something different than what has been registered in the civil status... to Greece Burak Ozugergin to Ta Nea. Ozugergin suggested that the two sides should start a discussion
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Time running out for Golden Visa as housing problems increase
Agorathan 40 pct of total investment in the same period. The debt crisis of 2010 hit the property market... that aggravated the problem and left the short-term rental market largely unregulated, primarily... at roughly half of more than 15,000 visas granted, with Turkey, Russia and Lebanon also having sizable
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Revenues at 4.77 bln in Oct, beating target for fourth straight month
Economyestimates a gg primary surplus of 812 million (0.4 percent of GDP) in 2013, higher than the initially..., mainly owing to higher revenues more than offsetting a hike in interest payments and Public Investment...’ arrears on the expenditure line. The consistent bottom-line outperformance - by more than 4 billion
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