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Opening the electricity market and possible introduction of "Small PPC" as part of bailout review
LegalGreece will be required to explicitly commit to ''alternative structural measures", as the memorandum with its creditors stipulates, in case the mandatory NOME auctions for selling Public Power Company’s (PPC) electricity products to its competitors do ...
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Govt faces pushback from food service sector over re-opening rules
PoliticsGreek PoliticsThe first major incident of social unrest since Greece’s lockdown was imposed in March, and then relaxed on Monday, occurred on Tuesday night. It came as the government faces pressure from restaurant and café owners to relax restrictions so they can sav...
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Greece draws strong interest, attractive yield by re-opening 10-year bond
EconomyGreece completed on Wednesday the fourth market foray of the year by reopening the 10-year GGB that it had issued in June, after a successful syndication earlier in the summer and a strong performance in the secondary market. Following a positive start ...
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Re-opening plans hang in balance due to unrelenting virus
PoliticsGreek PoliticsThe government does not seem set to abandon its hopes of further relaxing restrictions on economic activity next week even though the Covid-19 data continues to look alarming. On Tuesday, a record 4,340 new coronavirus cases were recorded as the number ...
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Govt faces fallout from hospital vaccine mandate, as school opening poses fresh challenges
PoliticsGreek PoliticsThe vaccination mandate for hospital staff came into effect on Wednesday, resulting in thousands of temporary suspension notices for unvaccinated workers. Greece’s highest administrative court, the Council of State, rejected a second attempt by hospital...
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Drop ‘til you shop
Agora. The owners say that opening on Sunday creates an extra expense (salaries, electricity, etc... Sunday opening) but let’s leave that aside. The argument behind Sunday opening, as put forward in other... opening as “very effective,” whereas 75 percent said it was “totally ineffective.” The reality
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Benefits and banana skins for Greece in EU-Turkey refugee deal
PoliticsForeign Policy. However, before that stage is reached the main concern in Athens will be on the opening of Turkey’s... and extend its customs union with the EU by opening its ports and airports to traffic from... the last few days to agree to the opening of two chapters: 23, which has to do with the judiciary
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Newsletter 296 - 14/05/2021
opening, faced questions about the pace of vaccinations, with the BBC journalist asking him whether... is “putting economics before public health” or “jumping the gun” regarding the opening... of the reopening of the tourism sector. New Democracy is keen to avoid opening itself up to the kind
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Varosha move puzzles amid low expectations on Cyprus
PoliticsForeign Policyto discuss the opening of the ghost city as part of confidence-building measures but only under UN... complex. Opening up the abandoned city has been one of the scenarios discussed many times in the past... with the opening of Varosha, but then the conflict in Syria escalated and Ankara shelved its plans. Limited
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Capital controls to ease further from the beginning of September
EconomyMacroeconomyare also specified in the ministerial decision relating to the restrictions around the opening and use... bank than the one they currently have an account with and the opening of a bank account by a natural... and applies also to professional farmers opening accounts for the first time. Authorised shipping companies
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