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Greek-Turkish tensions flare over Turkey’s bid to join SAFE
PoliticsForeign Policyand expressed strong support for Turkey’s inclusion in SAFE. Johannes Wadephul described Turkey... another layer of strain to Greek-Turkish relations, just weeks after the postponement of a planned
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Macron visit to herald deepening of Greek-French defence and energy ties
PoliticsForeign Policyaircraft on its territory, adds a new layer of deterrence in an increasingly volatile Eastern... online. Macron’s visit to Athens marks a transition: from a strong bilateral partnership to a more
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Political fallout follows Thessaloniki attack as new poll shows ND well short of majority
PoliticsGreek Politicsinto that narrative. This strategy is not emerging in a vacuum. The government has strong incentives... Elpida adds another layer of complexity. The party records 7.5% and 22 seats, drawing support from
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Greece reaches for its pills
Agorait untouched – perhaps because they knew it offered them an extra layer of protection. It is worth... and may have been complicit in corruption. It should be noted that spending on pharmaceuticals.... The coalition parties and the opposition may choose to roll in the muck of scandals now
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Athens condemns Turkey’s marine parks as illegal; tensions rise at awkward moment for PM
PoliticsGreek Politicswaters and into areas of the Greek continental shelf. Under the Law of the Sea, no state may... in the autumn, a step expected to provoke Turkish objections. The decrees may therefore be part... layer of complexity. Mitsotakis had hoped to use the run‑up to TIF to focus on economic policy
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Greece - Some structural macroeconomic arithmetic
Agoraand the ups and downs of the business cycle. After weakness, the economy may be expected to speed up. After strength, it may be expected to slow down. It is the average trend over the ups and downs... optimistic in general, which may reflect optimism bias as they have skin in the game (political systems feel
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Unemployment edges down to 24.5 pct in Oct, lowest since May 2012
EconomyMacroeconomyfigure displayed on Thursday. The October headline figure represents the lowest reading since May... the number of unemployed has contracted by 123,200 mainly on the back of a strong tourism season... in the country at 14.7 percent. The challenges in the domestic labour market may continue in 2016
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Travel receipts edge up 1.7 pct in May on higher foreign arrivals
EconomyMacroeconomyGreece's travel receipts edged up by 1.7 percent in May, decelerating from the 11.3 percent growth... euros in May, while the corresponding payments fell by 2.6 percent to 167.7 million. As a result, travel... percent to 430 euros. Two of the five key countries recorded strong growth rates in their 5-month
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Banks gear up for stress tests, with results due in May
EconomyBankingSupervisory Board to meet to discuss and rubberstamp the results of the exercise in May, leaving... the exercise is formally completed on May 4, when the Supervisory Board is due to meet. The process... as they believe they enter the process with capital adequacy strong enough to absorb the stress of the adverse
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Lenders return to Athens with much work ahead to reach SLA by May 24
EconomyProgrammeThe effort to reach a staff-level agreement (SLA) by the May 24 Eurogroup resumes in Athens... are already under strong domestic pressure over the pension cuts that have been lined up for 2019... later this year because of the slow pace of reforms and fears that the process may stop completely
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