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Athens hoping for period of calm in Greek-Turkish relations after PM's talks with Erdogan
PoliticsForeign Policytwo hours at Erdogan’s presidential mansion. Disagreements on bilateral issues were discussed during Sunday’s high-level meeting. Greek government sources said that the Turkish side did not articulate... of the alliance’s southeastern wing,” according to Greek government sources. The same sources added
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Newsletter 85 - 05/08/2016
In a non-paper issued on Wednesday, the Finance Ministry clarified that budget revenues had beaten... that the appropriate solution should safeguard the bank’s compliance with its regulatory obligations, while also taking into account the borrower’s financial condition. The code outlined a large number
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Spain’s economic recovery languishes amid graft scandals
Agora, January’s three-year bond yield falling to a record-low and a declining risk premium that has...” and praise the tough reforms carried out by the right-wing People’s Party government. Despite... of company shutdowns since 2007. In their last report on Spain’s rescue programme, the troika warned
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Golden Dawn draws support from surprising sources to retain popularity
PoliticsGreek Politicsalso hints at the difficulties other parliamentary parties face in trying to counter Golden Dawn’s... in Athens’s two voting districts: “A” and “B”. The latter is Greece’s largest constituency. There, Golden... into Golden Dawn’s activities, this level of support could drop in the weeks to come. However
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Covid-19 data controversy rumbles on, as opposition probes on transparency
PoliticsGreek Politicsthe government’s claim to managerial competence in the face of the healthcare crisis. On Monday... the first to demand the judicial investigation, are also said to be preparing to call for Parliament’s... of the government’s expert committee on coronavirus Professor Sotiris Tsiodras to answer questions about
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Govt counts cost of own energy package as hopes of coordinated EU response fade
PoliticsGreek Politicsthe government’s proposal for an EU solidarity fund against inflation failed to gain backing at Monday’s meeting of energy ministers. Prime Minister Kyriakos Mitsotakis told Real News over the long..., but this appears to rule out the payment mechanism via Gazprombank which Greece’s main gas supplier
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Opposition frets over foreclosure decision as ND casts net for new faces
PoliticsGreek Politics. It also hints at what might be Prime Minister Kyriakos Mitsotakis’s most likely plan to secure... for the standards of Greece’s notoriously slow justice system. The details of the decision will only... for 9,000 properties. SYRIZA’s economic spokesperson Efi Achtsiouglou argued that the reported decision
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New Democracy leadership headed for showdown with right wing over migrant labour bill
PoliticsGreek Politicson the prime minister to withdraw it. The legislation’s defenders claim it is a pragmatic move to address... is stifling the country’s economic recovery. Its critics argue that it runs contrary to the tough stance..., with Greek Solution’s Kyriakos Velopoulos accusing Mitsotakis of serving a “multiculturalist agenda
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National Bank reveals capital plan, which includes sale of whole Finansbank stake
EconomyBankingscenario. NBG’s capital needs amounted to 1.58 billion in the baseline and 4.6 billion in the adverse... highlighted that the proceeds from the Finansbank sale will be used to repay CoCos. The CoCos qualify... expense of 120 million per annum. This explains why NBG intends to repay CoCos right after
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Next key programme developments due in April as Athens shapes growth strategy
EconomyProgrammeMonday’s Eurogroup is not expected to deliver any significant decisions regarding Greece’s fourth... Minister Giorgos Houliarakis, details of which have been reported in the local media, hints at the direction the growth plan wants to the take the Greek economy. According to Monday’s Naftemporiki
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