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Athens treads softly as North Macedonia heads to elections and EU mulls accession
PoliticsForeign PolicyActing Foreign Minister held an emergency press conference on Sunday. Dimitrov revealed that Athens has... that the Agreement "has made possible North Macedonia's entry to NATO and its strong candidature to open... the EU Council in March. The main reason for this is that the European Commission has recently
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VAT gap of 30.1 pct in 2018 keeps Greece among worst performers in EU
EconomyFeaturesThe European Commission's VAT Gap report has revealed that the European Union lost an estimated 140... percent across the EU, with Greece ranking among the worst performers. The VAT gap is a measure of VAT... states has improved marginally in recent years. However, figures for 2020 forecast a reversal
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Govt's campus police proposals face further pushback as protests against education bill go ahead
PoliticsGreek Politics’s efforts to present the measure as one intended to improve the quality of campus life, as it has... security to Parliament in attempt to influence what has become a sterile debate focused..., an offhand remark by Deputy Education Minister Angelos Syrigos has inflamed opposition to the legislation
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Grave OPEKEPE claims add to climate of mistrust affecting ND, political system
PoliticsGreek Politicsthat could be severely damaging for the government, which has been engaged in a constant firefighting..., including Xylouris. The inquiry continues, but Tycheropoulou’s account has already reignited debate over... further polarise public opinion. The government framed the ban on protests as a protective measure
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On Portugal, PSI and a national salvation pact
Agoraa primary budget surplus of 4.3% of GDP. Portugal has had a negative primary budget balance for over... and complete market access has been restored, including an issuance calendar, high issuance volume, and a widespread investor base. So right now, I don’t believe that anyone can argue that Portugal
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Much ground to cover as Greece, lenders prepare to resume talks
PoliticsGreek PoliticsGreece would “compromise, compromise, compromise but not be compromised.” Varoufakis has used a similar phrase before. By repeating it he emphasises how little progress has been made over the past few days... central role. As we have highlighted previously, Tsipras has so far been reluctant to cajole his
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On the Greek crisis and German imbalances
Agorahas been recognized for a while by leading American economists like Maurice Obstfeld (the IMF's new... by the economics profession that the Greek fiscal adjustment has been extreme and has not been... to the Cypriot president two years ago. I believe that the main arguments against a new currency
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Piraeus Bank’s bottom line turns profitable with 20 mln net profits in Q2
EconomyBanking. The related cost has already been booked. Impairment losses dropped 8 percent QoQ to 265 million in Q2.... Since Q3 2015, the bank has reduced its NPLs by 1.6 billion. The bank noted that 51.2 percent..., while has been trimmed by 1 billion since Q3 2015, of which 0.7 billion stems from corporate
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Having failed to resolve differences, Greece and lenders enter new week of talks
EconomyProgrammeto the funding of the guaranteed minimum income (GMI). Its funding for next year has been resolved. Regarding... application has to be approved by 60 percent of creditors. Meanwhile, European Commissioner..., Moscovici said that significant progress has been made on the second review and technical details
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Athens gears up for Cyprus talks, expecting progress rather than agreement
PoliticsForeign Policymedia, Prime Minister Binali Yildirim will go to Geneva. Britain has said it would be represented... in Geneva will conclude with a firm agreement. Firstly, it appears that Erdogan has decided... from the very first moment. We will see. But I want to underscore that if the negotiations stop
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