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Tsipras tries to put PM on spot by pushing for 800-euro min wage
PoliticsGreek PoliticsSYRIZA leader Alexis Tsipras has gone on the offensive against the government, calling for the minimum wage to be raised to 800 euros and for the consumption tax on fuel to be lowered as counter-measures to confront the wave of inflation troubling Greek...
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ND, SYRIZA put squeeze on KINAL as centre-left party's poll rise continues
PoliticsGreek PoliticsFollowing its recent impressive rise in the opinion polls, centre-left KINAL finds itself at the centre of political machinations as both New Democracy and SYRIZA attempt to impede its advance, which has created doubt about when the next elections will ...
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Series of failures provide opposition with platform to put pressure on PM
PoliticsGreek PoliticsAlthough it is still largely absorbed by its leadership contest, which is not due to conclude until early September, recent events have prompted SYRIZA to take a more aggressive stance regarding Kyriakos Mitsotakis’s premiership. The left-wing party was...
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State braces for losses as bank divestment plan is put into action
EconomyBankingThe Hellenic Financial Stability Fund (HFSF) formally launched last week the process of divesting its small participation in the share capital of Eurobank. This set in motion HFSF's plan to dispose of its holdings in the four systemic banks, bringing to...
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Athens not put out by Turkey-Egypt rapprochement, but watching closely
PoliticsForeign PolicyAthens is assessing the results of the historic meeting between Turkish President Tayyip Erdogan and his Egyptian counterpart Abdel Fattah al-Sisi on Wednesday, in Ankara. The two leaders discussed ways to further repair the long-frozen ties between the...
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Economic sentiment slips to 89.7 in May, consumer confidence rebounds to -71.9
EconomyMacroeconomyGreece’s economic sentiment (ESI) fell by 0.6 points in May after increasing in the preceding two months, European Commission (EC) data showed on Monday. The ESI has hovered around the 90-point mark..., when ESI also fell below the 90-point mark. From its recent low of 76.1 last August, the current ESI
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Economic sentiment at 113.2 in Feb, strong improvement in services and retail
EconomyMacroeconomyGreece’s economic sentiment (ESI) rose by 3.7 points in February to reach 113.2 points, European Commission (EC) figures showed on Thursday. The EC noted that the ESI figures have been historically... (EEI). This indicator has been designed to complement the growth-related focus of the ESI
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Economic sentiment on up again after 4.2 pt rise in Jan
EconomyMacroeconomyGreece’s economic sentiment (ESI) continued its upward trend in January, after a pause in December, increasing by 4.2 points to 114.2, according to European Commission figures released on Friday. ESI... reported in January is the highest of the series. Over the rolling 12-month period, the ESI has
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Economic sentiment fell to 81.3 in July for the sharpest historical monthly drop
EconomyMacroeconomyGreece’s economic sentiment (ESI) dropped for the fifth successive month at a marked accelerating..., whilst the current ESI reading is 22.9 points lower than the post-crisis high of 104.2 recorded a year ago. The ESI fell to a historic low of 74.8 in March 2009 and displayed high volatility until June
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Business indicators rise for second successive month in October
EconomyGreece’s economic sentiment (ESI) improved for the second straight month by 3.4 points to 86.5 in October, European Commission (EC) data displayed on Thursday. Over the past two months, ESI has risen... in the 3-year period until Jun 2012, ESI considerably increased by more than 26 points until June 2014
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