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Break in bailout talks leaves question mark over their conclusion
PoliticsGreek PoliticsAnother night of bailout talks in Athens on Monday failed to yield any tangible results, meaning Greece will have to remain on edge over the next few days as negotiators take a break for the International Monetary Fund’s spring meetings in Washington. F...
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PMI improves by 2 pts in June to rise above 50-pt mark on higher production, employment
EconomyMacroeconomyGreece’s Manufacturing PMI rose by 2 points to 50.4 in June from 48.4 in May, Markit’s monthly survey showed on Friday. The headline figure for June represents an expansion, albeit marginal, for the first time since last December. It is the highest head...
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Parties mark out battle lines for next elections
PoliticsGreek PoliticsThe debate on the government’s growth strategy in Parliament on Wednesday prompted some fierce exchanges between Prime Minister Alexis Tsipras and his opponents in what many see as the drawing of battle lines ahead of the next elections. Tsipras argued ...
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CPI up by 0.9 pct in July to mark fourth consecutive rise
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) rose by 0.9 percent in July following an increase of 1 percent in June, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. After four years of deflation, 2017 was the first year that overall prices rose ...
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Question mark over pension cuts in 2019 draft budget as Athens looks to lenders
EconomyProgrammeThe Greek government will not include next year’s pension cuts, or will at least present a scenario in which they are not implemented, in the 2019 draft budget due to be submitted to Parliament on Monday as it steps up its efforts to scrap the measure, ...
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Growth of travel receipts in 2024 slows to 5.4 pct as arrivals go past 35 mln-mark
EconomyMacroeconomyGreece's travel balance recorded a surplus of 149.9 million euros in December, compared to 419.9 million euros in November, according to data released by the Bank of Greece (BoG) on Friday. The December balance was 53.4 percent higher than the 97.7 mill...
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Konstantopoulou dominates opposition politics as PASOK and SYRIZA struggle to make mark
PoliticsGreek PoliticsThe opposition parties have tried to play down the latest increase to the minimum wage, which the government announced on Wednesday, arguing that it is of little help to Greek households that are struggling to meet rising costs. Prime Minister Kyriakos ...
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Newsletter 236 -24/01/2020
and the subsequent furor over Greece’s exclusion from the Berlin Conference on Libya, much... they will be required to take additional provisions that will impact on their capital base. The Finance
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Greece bolsters ties with UAE, building on opposition to Turkish actions
PoliticsForeign Policyopposition to Turkey’s attempts to extend its military reach in the Eastern Mediterranean and Libya. Abu...Prime Minister Kyriakos Mitsotakis visited Abu Dhabi, the capital of the United Arab Emirates, this week in what was his second trip to the UAE in 2020 after an earlier one in March. A lot has
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Greek, Turkish FMs keep ties on even keel as OSCE cooperation pays off
PoliticsForeign PolicyTurkey submitted at the international organisation the so-called Turkey-Libya Memorandum (2019... international diplomatic capital," especially ahead of the country’s participation as a non-permanent member
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