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EC revises growth estimate upward to 4.1 pct this year, 6 pct in 2022
EconomyMacroeconomyThe European Commission updated its economic estimates for Greece in the context of the 2021 Spring Forecasts, where the estimates are slightly improved from the previous forecasts in February... estimates assume the relief measures that have so far cushioned the blow on the economy will not be cut
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PASOK elects new leader, hopes to stop slide and regroup
PoliticsGreek Politicsof late PASOK founding member and minister Giorgos Gennimatas, on her path to the leadership. Gennimata, though, is seen as a relative lightweight with not outstanding achievements during her time... and To Potami, back to the party. However, her election opens up the possibility of a compromise being found
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Saving Angela Merkel with the help of Alexis Tsipras
Agorafor more positive reasons. The German chancellor Angela Merkel - embattled politically at home by her... summit with something of a political compromise on refugees and migration in her hands. Otherwise, her... to implement unilateral asylum policies that would have brought the downfall of her five months-old government
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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
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Mitsotakis sets aside talk of next Greek president to meet Trump at White House
PoliticsGreek Politicsand Erdogan during which the latter launched a forceful repost to the Greek president’s chiding remarks about... for the former conservative interior minister to become president in 2015, even though New Democracy
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Cabinet clears marriage equality bill without drama as Tempe inquiry hears grave accusations
PoliticsGreek Politicsopening remarks at the cabinet meeting, PM Kyriakos Mitsotakis kept it low-key, noting that legislation... in his socially progressive pronouncements. Interior Minister Niki Kerameus’s attempt to broaden
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IMF upgrades Greece’s GDP and unemployment rate estimates
EconomyMacroeconomyto an estimate of a 0.6 percent GDP contraction in the previous WEO. It is worth noting that this is the most... with the European Commission (EC) estimate, while OECD expects Greek GDP to slip 0.2 percent this year... 2.7 percent previously. The government and the EC estimate the Greek economy will recover by 2.7
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Finance Ministry costs new support package, but questions remain over electricity subsidies
Economyfront and regarding electricity subsidies. In his opening remarks, Staikouras presented the first official revision of the growth estimate for this year. GDP is now seen rising by 5.3 pct, from 3.1 pct... roughly 20 pct below the 2010 levels. The Finance Ministry admitted that in the latest estimates the cost
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Turkey closes borders, Greece keeps up pressure
PoliticsForeign Policyin Libya. Dendias reportedly briefed Raab on the Greek positions and “on the dangers that are being created... issued by the Interior Ministry, the private Dogan news agency reported. The Greek government
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Government turns attention to migration, hoping to avoid another front before EP vote
PoliticsGreek Politicsin the government ranks about a spike in arrivals from Libya, particularly on the island of Gavdos, south of Crete... Kroesser, state secretary at the Interior Ministry, in Alexandroupolis, northeastern Greece
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