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Mitsotakis takes growth message to Thessaloniki, keeps eye on bond profits
PoliticsGreek Politicsin the tender for a licence to build and operate a casino on the site. He also pledged to invest more than... if this is based on anything more than the Dutch prime minister not responding to Mitsotakis’s comments about..., and to allow companies facing financial problems to suspend collective contracts. This has provoked
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ND unveils development bill it sees as catalyst for growth
PoliticsGreek Politicsto pay part-time workers their regular wage plus 12 percent if they stay longer than their normal... period longer than 2 months and face stiff fines if they are employing undeclared staff.... financial problems or even bankruptcies will be allowed to exempt their workers from the terms
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Perceived corruption in Greece wanes but remains above global average
Societyscore the best out of all those surveyed. Two thirds of all countries scored less than 50 out of 100... and November 2019 will still be considered misdemeanors rather than felonies, which could have... points out of 100. Systemic problems remain in Greece, making eliminating corruption difficult. Earlier
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New businesses lowest in Greece versus EU with funding obstacles burdening enterprises
EconomyFeaturesadditional companies registered in 2019 than delisted. This equals an increase of 85.8 percent year... is higher than the combined positive balances of 2018 and 2017. The data shows that by far the most popular... of the basic problems faced by Greek businesses. Grant Thornton’s presentation, in conjunction with Eurobank
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Greek government goes digital under lockdown, as more coronavirus clusters emerge
PoliticsGreek Politicsthe changing times more vividly than a widely published photo of the Greek Orthodox Church’s Holy Synod..., while testing continues among the population of more than 2,500. Concern has been mounting over..., despite teething problems caused by lack of equipment and universal internet access. Answering
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Banks look for way forward as economic shutdown takes its toll
EconomyBankingby the coronavirus epidemic into a separate category rather than counting them as non-performing... at this point is much healthier than a year ago. In addition, the ECB decision to reinstate the waiver... of real estate markets. This will create further problems for the efforts of Greek banks’ to reduce
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OECD sees economy shrinking by 8 to 9.8 pct, depending on whether virus returns
EconomyMacroeconomyare expected to be less severe than the crisis period of 2009-2016. Specifically, the organisation noted... scenarios, unemployment is forecast as increasing further in 2021 rather than reducing, and reaching... of the problems which plagued Greece during the crisis and were repeatedly mentioned as areas in need
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Conclusion of Golden Dawn trial unlikely to usher in greater political unity
PoliticsGreek Politicsvoting tendencies were shown to be more in line with New Democracy than SYRIZA. According to research... than create greater unity in Greek politics, the conviction of far-right extremists will only fuel... to complex problems. For conservative commentators, SYRIZA and Alexis Tsipras are the most prominent
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Low expectations for progress in new round of UN-led Cyprus talks
PoliticsForeign Policy. But many diplomats and analysts think that this might be more complicated than it seems. The same... to indirectly control more than just the northern part of the island. This option, however, goes beyond the UN framework of a bizonal, bicommunal solution and could also provoke problems to the island’s
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IMF raises outlook on Greek debt sustainability to merely 'uncertain'
Economy. Overall, the IMF’s view has not substantially changed on Greece after more than one year... in 2022, roughly half a percentage points lower than the finance ministry’s forecast for each year...). This is widely recognized issue that affects quick resolution of balance sheet problems
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