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Signs of recovery, improved tourism season visible in Sept budget data as revenues beat target by 943 mln
EconomyMacroeconomyThe budget primary balance up to September landed at a deficit of 5.96 billion euros, compared with a deficit of 7.01 billion in the same period last year, the preliminary Finance Ministry (MoF) budget execution data showed on Friday. The primary balance was above the target in the 2022-2025 Medium
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Primary cash deficit reduced to 5.72 bln in Sept as revenues climb
EconomyMacroeconomybillion euros in the first nine months of 2021, compared with a deficit of 7.01 billion in the same
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Why it makes sense for ESM to swap Greece's IMF loans
Agorainto repayment is the GLF bilateral loans of the first programme, which are due to be repaid from 2020. Prepaying all, or parts, of the IMF loans with ESM financing reduces the level of market access
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Central government debt rises to 403.2 bln in Q2, cash reserves near 42 bln
EconomyMacroeconomy, of which 52.9 billion came from the Greek Loan Facility’s (GLF) bilateral loans attached to the first programme, which Greece is also prepaying ahead of time. They currently stand at roughly 32 billion
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Athens aiming to step up diplomatic contact with neighbours
PoliticsForeign Policywith which bilateral relations are strained due to unresolved diplomatic issues. Within this context.... Erdogan’s visit to Greece could be seen as the clearest sign of an effort to put bilateral... of bilateral relations, Athens is seeking to re-launch channels of communication with Ankara in order
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European Commission's travel guidance brings some optimism for Greek tourism sector
PoliticsGreek Politics. The move allows for bilateral agreements, such as those emerging between Austria and neighbouring... states. Bilateral travel agreements are one of the main planks of Greece’s post-pandemic tourism strategy... and protective measures. While the guidance issued was non-binding, it sets the baseline for member-states
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Greece and Turkey go into new round of exploratory talks with trust at a premium
PoliticsForeign PolicyAfter months of bilateral tension over maritime borders and gas exploration rights, Turkish... opposition But this determination of Prime Minister Mitsotakis to resort to The Hague if bilateral..., and these talks are not binding for either side. He also said that there are no common records of these meetings
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Athens takes plunge on gas exploration, sees hope in Israel-Lebanon deal
PoliticsForeign Policy, to negotiate with Turkey the only bilateral difference [between the two countries], always according... historic ties with Greece and improving bilateral relations. Referring to the trilateral meetings... no right to sign any binding agreement. According to Kathimerini’s story on Sunday, Mitsotakis
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North Macedonia's road to Brussels: Breaking the vicious cycle
Agora. In addition to bilateral stabilization and association agreements, there are also regional agreements... to "import" bilateral disputes. To break the vicious circle, the Balkans' offer of EU membership must... way, the EU is a necessity for the region. Finding complementary, facilitating, alternative
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Athens aiming to boost EU-Balkan momentum
PoliticsForeign PolicyGreece and North Macedonia and bilateral relations are improving, as evident during the visit... government is aiming to enhance both bilateral relations with the Balkan countries and to make up..., archaeological and educational issues is proceeding slowly, while the committee tasked with finding a solution
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