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Athens encounters problem in effort to foster Greek-Albanian talks
PoliticsGreek PoliticsThe Greek Foreign Ministry has issued a new statement in response to Albanian Foreign Minister... Democracy MEP. In his correspondence to the Greek parliamentarian, Maria Spyraki, Hahn noted....” Bushati's interview clearly put his Greek counterpart in a very awkward situation. The Greek Foreign
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Greek Pharmaceuticals: The little pill with big potential
EconomyFeaturesThe Greek pharmaceutical industry has remained a relatively strong sector despite the crisis - it contributes around 2.8 billion euros to GDP annually, according to the Greek government, and is one... than reduced it. In export terms, Greek medical products (packaged medicaments) come second only
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Greek SMEs struggle most for finance versus eurozone peers
EconomyMacroeconomyfor the six-month period ending in March 2017 showed that Greek SMEs continue to face some of the biggest... in the previous survey) of SMEs in Greece as their biggest problem. The Greek figure is three times... managers was not a major concern for Greek SMEs. Though the rate edged up close to 6 percent
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Survey reveals opinions around Greek shipping cluster's potential
EconomyFeaturesyears, according to a survey of opinions from leading representatives of Greek shipping companies... showed that Greek shipowners believe that with a correct long-term strategy, Piraeus port can... not fly a Greek flag, 97 percent reported that they perform at least some of their ship-management
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Early banks stress tests offered as Greek programme compromise
EconomyProgrammeto Greece’s programme, which was the dispute over whether Greek banks need another round of asset quality... willing to ensure that the IMF’s fears about the strength of Greek banks would be addressed before... official told the agency that Greek lenders have been asked to send data to the SSM by the end
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Athens relieved as ECB and IMF seem to reach understanding on Greek banks
EconomyBankingFund (IMF) over Greek banks has been resolved, clearing an obstacle in the third review and easing... funding should be made available for the Greek lenders to allow them to deal with the issue of non... will be available in the summer in time for the IMF to have the clear picture of Greek banks which
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What is driving the Greek housing market's recovery?
EconomyFeaturesWhen it comes to Greek house prices, there’s good news and there’s bad news. On the one hand, some read the recent rebound in property values almost to pre-crisis levels as a sign that the Greek.... The latest rise brought prices just 9 percent short of the all-time high for the Greek property
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Opposition politicians express concern as Greek air defence is deployed in Iran war
PoliticsGreek PoliticsThe first confirmed use of Greek military hardware in the Iran war has pushed Athens... over Saudi Arabia by a Greek‑operated Patriot battery was confirmed on Thursday. It is the first operational engagement of its kind since hostilities began. A Greek defence ministry official told
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Athens takes cautious approach to Turkish words and actions
PoliticsGreek Politicsan extremely tense few hours a day earlier. The ramming of a Greek coast guard boat by a Turkish vessel off the coast of the Imia islets in the Aegean on Monday night and the warnings issued by President... in a statement of telling Greeks lies about what happened off Imia and restated Ankara’s belief
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Androulakis receives strong mandate for renewal at KINAL
PoliticsGreek PoliticsIn a development that could cause reverberations across Greek politics, MEP Nikos Androulakis has... minister George Papandreou in Sunday’s run-off vote. Androulakis took 68 pct of the vote in the contest... comfortably. Just over 206,000 KINAL members took part in the run-off vote, compared to around
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