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Tsipras tries to take pressure off MPs but debt proving hard to settle
PoliticsGreek PoliticsSYRIZA’s parliamentary group is due to meet on Friday after a straightforward cabinet meeting on Thursday, during which Prime Minister Alexis Tsipras even envisioned the possibility of his party being in power for a second term. The gathering of SYRIZA ...
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Another privatisation goal ticked off as 600 mln offer secures Athens airport concession
EconomyThe Hellenic Republic Asset Development Fund (HRADF) announced on Wednesday that it has accepted the improved offer submitted by the Athens International Airport (AIA) SA for the 20-year extension of the concession for the airport. The final offer amoun...
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Government rounds off legislative activity, Mitsotakis offers alternative on education
PoliticsGreek PoliticsThe Greek government is trying to wrap up its legislative activity before the summer break so that it can then focus on different tasks from September. A raft of amendments was submitted to Parliament this week, much to the annoyance of the opposition p...
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Hirings balance negative by 33,249 in November as seasonality impact begins to tail off
EconomyMacroeconomyThe employment balance remained negative in November for a second consecutive month with 33,249 more departures than hirings, according to data form the Labour Ministry’s Ergani information system. However, compared to November 2017, there were an addit...
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Podcast - Greece's year of trying to shake off Covid-19
AgoraGreece has been grappling with the coronavirus for just over a year, sometimes with success but other times less convincingly. As Greece went past 10,000 Covid-related deaths and prepares to reach 3 million vaccinations this week, The Agora looks back a...
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New Covid measures readied as doubts about key cabinet choices rub off on PM
PoliticsGreek PoliticsThe first opinion poll to be published since the recent cabinet reshuffle provides the first indication that Prime Minister Kyriakos Mitsotakis’s personal popularity has taken a direct hit for government decisions. For the first time since April 2020, t...
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Economic sentiment drops off in Sept as consumer confidence falls for fourth month
EconomyMacroeconomyFollowing a series of rises, Greece’s economic sentiment (ESI) dropped in September by 3.3 points month-on-month to 109.7 points, from a rise of 1.8 points in August, according to European Commission figures released on Wednesday. Economic sentiment had...
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Quarterly unemployment rises to 13.8 pct in Q1, reflecting off season for tourism
EconomyMacroeconomyGreece’s non-seasonally adjusted quarterly unemployment rate maintained an upward trajectory in the first quarter of the year, rising to 13.8 percent, from 13.2 percent in Q4 2021, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The ...
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Electricity price shock, pressure on phone-tapping take shine off surveillance exit
PoliticsGreek Politicsinto the autumn, as it tries to structure its last economic package en route to the next elections
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Business transformation paying off as Eurobank records 932.3 mln profit in 9M
EconomyBankingEurobank posted an adjusted net income of 932.3 million euros in the nine months of 2022 (9M), compared to a profit of 297.5 million euros last year. Core pre-provision income (PPI) rose by 17.7 percent year-on-year (YoY) in 9M to 794.6 million euros, w...
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