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A sudden turnaround that could lead to sharp shock
Agorabenchmark bond was trading at 0.92 pct and Greece was hailed as one of the most attractive trades... - in the best case – will be one of recovery after the massive, virus-inspired shock, the Greek economy could be heading for a very deep contraction similar to the one seen in 2011, when it dropped by 9 pct
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BoG highlights strong year for property in 2019 but warns of Covid-19 impact in 2020
EconomyFeaturesa YoY rise of 28.5 percent. One component of foreign investment in the property market is Greece's... are shaping new conditions, with potentially significant short-term effects on the real estate market.” One... for Greece. Tourism was flagged up as one of three main channels through which the coronavirus outbreak
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Coronavirus outbreaks highlight limited progress in disbanding hotspots for migrants
PoliticsGreek PoliticsFrontiers, at Moria on Lesvos up to 1,300 people share a single tap, there is one toilet for each 167 people and one shower for each 242 people, while soap, antiseptic gel and cleaning supplies... people who entered Greece during a one-month freeze in new asylum applications introduced during
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Study proposes higher public spending to counter expected rise in NPLs
EconomyFeaturesfound that a one percent increase in the rate of unemployment could lead to a corresponding rate..., with all things being equal, the analysis revealed that a one percent reduction in GDP would lead..., the analysis found that the increase in the banks’ capital adequacy ratio by one percent correlates
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S&P keeps Greece at 'BB-' but revises outlook to stable on Covid-19 concerns
Economythe outlook from positive to stable. S&P had upgraded Greece by one notch last October, with a positive... and the current level of rating. According to S&P, Greece has one of the most advantageous debt..., which translates into a primary deficit of nearly 5 pct, the first one after four years
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Will the Covid-19 crisis undermine the EU Green Deal? A view from Europe's periphery
Agora-fuel related infrastructures and production). On paper, one could argue that the stage is set... in member-States. While this is certainly welcome, it also relies on an assumption of sufficient (one... to try and pay down the debt”. One could add: instead of focusing on delivering the transformative
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On lockdown: The moments that will remain
Agorawith the restrictions. From one balcony, a family’s chatter signalled an effort to maintain normality or maybe..., so desperate where officials in Athens that none of them noticed that one of the countries... in this crisis is the same as swallowing everything that was written about Greece in the last one. During
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Economic relief eyed as Greece launches fourth round of lockdown easing
PoliticsGreek Politicsthat mean there can only be one customer for every 2 square metres and no more than six people in total... of their tax pre-payment (one of the support measures offered by the centre-right administration... to Greek GDP over the next three years. Pension difficulties One of the financial concerns
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First challenges for tourism plan, as public relaxes approach to virus
PoliticsGreek Politicsand locals. Challenges One of the practical challenges of opening up air travel to Greece... that Australia, one of countries on the government’s “white list”, prevents citizens from leaving... on behalf of the Athens Medical Association showed that one in three respondents is no longer worried
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Amid crowding concerns, officials reject idea of return to full lockdown
PoliticsGreek Politicsgone from one extreme to the other”. The panel heard that the health system is now better prepared.... However, at least one editor with a history of critical coverage of New Democracy complained that his... funnelled to political allies of New Democracy. Allegations of political sleaze have been one of the most
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