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Lenders conclude 'productive' talks on fifth review but issues remain as Athens targets fiscal space
EconomyProgramme” that allows transfer of excess surpluses from one year to the next (for this year the figure would equate... it introduced is rather modest and has barely touched the middle class, which was meant to be one... on growth for the coming years. Along with the one prepared by the institutions, ministry officials
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Newsletter 241 - 28/02/2020
, at least one the government’s arguments hit wide of the mark. Government spokesman Stelios Petsas... on Thursday, including the first one in Athens, triggering shortages of face masks... in Santorini, one of the favourite destinations for Chinese visitors. Tourism minister Haris
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Sealing our borders, closing our minds
Agoraexploited and treated in such a reprehensible way. It is a reminder (not that one was needed... is the one area where his government’s opinion poll ratings have been very poor since coming to power... northern Europe and that the war in Syria would sort itself out one way or another, even though the west
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Athens closes border, looks for EU support to ride out migration storm
PoliticsGreek Politics), which states that: “In the event of one or more Member States being confronted by an emergency... that migration is the one area where his government’s opinion poll ratings have been consistently... is as much a political measure as a practical one and has, it seems, been met with support by his party
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Forum showcases closer Greek-German trade relations, with diplomatic overtones
PoliticsGreek Politicspresented to delegates. One is a joint venture between Greece’s PPC and German power company RWE... the relationship between the two countries form one of lender and borrower to one between peers and business
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QE arrives for Greece
Agorahad fallen below the symbolic threshold of one percent. This record decline in borrowing costs... to be seen. But as we learnt from earlier attempts and remedies, one does not fight a financial virus, let alone a pandemic with a band aid. Neither does one distinguish between euro area member states
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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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