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On monetary policy and inflation targeting
AgoraThe setting. Consider two countries, A and B, that both aim to follow an inflation target, let us... communicated to the public that it targets the price level; country B has communicated to the public... price level gap (prices are now overshooting). Country B was close to its target rate of inflation
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Athens buoyed by EU, US support over maritime spat with Turkey
PoliticsForeign Policyon the Turkey–Libya maritime border deal. A common statement adopted by the EU leaders during... on Thursday decided to appoint a special envoy to Libya. This will be Ambassador Christodoulos Lazaris. His mission will be to maintain contact with all sides in Libya in order to closely monitor developments
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After signing EastMed pipeline pact, Athens aims to tackle Turkey challenge
PoliticsForeign Policymemoranda with the Tripoli-based government in Libya. Officials in Athens stress, however... following Turkey's intervention in Libya, the message to Ankara in the joint statement they issued... in Libya presents a dangerous threat to wider regional stability.” The statement also noted
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Are hirings in the public sector out of control?
EconomyFeaturesthat that they fulfil real needs that are not being met by permanent staff, who were the actual recipients... permanent public sector staff and 15,000 contractors, at a cost of 600 million euros. These accusations... contractors. Their numbers have swelled from 3,413 in 2012 to 15,601 at the end of 2017. By far the largest
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Eighteen core goods led exports during crisis, NBG study notes
EconomyFeatures. These include aluminium, marble, olive oil, olives and feta. The second category consists of what... percent of the market share. In terms products such as marble, cement and aluminium, a strategy
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How will Trump's tariffs affect Greece?
Agorafrom these exemptions due to limited export volumes in these industries. EU aluminium and steel..., electronic equipment 180.66 Aluminium 147.50 Salt, sulphur, earth, stone, plaster, lime, cement 121.05
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Eurobank gears up for crucial but contentious capital increase
EconomyBankingin the Parliament on March 30. The new framework, however, has met with considerable criticism. Apart... submitted by Fairfax and b) A public offering in Greece. Eurobank’s capital increase will follow
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The possible scenarios for avoiding snap elections in Greece
PoliticsGreek Politicsto justify him stepping aside. There appears to be no Plan B at the moment and there does not appear... independent and DIMAR MPs put forward such a proposal earlier this month but it was met by stony
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Fragility of summit pledge for border status quo already evident
PoliticsGreek Politicsthat his government has already met the obligations listed in the European Commission’s report... from the Schengen zone. b. The reference that all the elements agreed last December should
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Fitch affirms Greece’s rating at ‘CCC’
EconomyIn its scheduled review published on Friday evening, Fitch affirmed Greece’s rating at ‘CCC’. It is worth noting that S&P has the highest rating (B-) on Greece, three notches above that of Moody’s..., but the succeeding two years’ fiscal targets will be progressively more difficult to be met. Fitch notes
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