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A busy year of diplomacy for Athens, but Greek-Turkish ties stagnate
PoliticsForeign Policycountries. But it also accomplished a rapprochement with Libya. Greece’s decision to extend its... was its rapprochement with Libya. That was accomplished with numerous visits by Greek officials, including... for the first time a high-level meeting on Libya on November 12, in Paris. Greece had been excluded twice from
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Time deposit rate almost flat in Jan, average loan rate falls 12 bps
EconomyMacroeconomyGreek households’ new time deposit rate remained broadly stable for the second straight month in January, when it eased marginally by 1 basis point (bp) to 1.01 percent in January, Bank of Greece (BoG) figures displayed on Wednesday. Since the impositio...
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PPC lignite unit bids fall flat in blow to privatisations
EconomyFeaturesThe Public Power Corporation’s (PPC) divestment of 40 percent of its lignite capacity has hit an obstacle as it emerged that the bid process for two lignite units had attracted very little interest. PPC received one binding offer for the Melitis unit in...
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Eurogroup to approve release of bond profits but bid to repurpose funds falls flat
EconomyProgrammeWednesday’s Eurogroup is expected to result in eurozone finance ministers approving the conclusion of the fourth enhanced surveillance review and the next round of debt relief measures, but will not include a discussion on how Greece can use the bond pr...
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Building permits down by 2.3 pct in Jul as YTD activity growth nearly flat
EconomyMacroeconomyBuilding permits growth in July returned to negative territory, dropping by 2.3 percent year-on-year (YoY), after a 3 percent increase in June), according to the latest data released by the Hellenic Statistical Agency (ELSAT) on Thursday. The total numb...
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Government moves to shake off Tempe affair after opposition bids at prosecution fall flat
PoliticsGreek PoliticsNew Democracy succeeded in limiting the scope of judicial proceedings against politicians in relation to the deadly Tempe rail crash after rival motions by opposition parties to widen the net of prosecutions were voted down. The conservatives hope that ...
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Golden Dawn trial begins against complex political backdrop
![Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]](resources/toolip/img-thumb/2013/11/02/goldendawntorches_myrto_1000_011-medium.jpg "Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]")
PoliticsGreek PoliticsMore than 18 months after rapper Pavlos Fyssas was murdered by Golden Dawn member Giorgos Roupakias near Piraeus, the Neo-Nazi party’s leader, MPs and numerous members are going on trial. A total of 69 people, including Golden Dawn chief Nikos Michaloli...
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Paris attacks change backdrop for Tsipras visit to Turkey
PoliticsForeign PolicyPrime Minister Alexis Tsipras' first official visit to Turkey (November 18-19) has suddenly turned into perhaps the most crucial visit of a Greek premier to Greece's neighboring country, as it takes place a few days following Paris' terrorist attacks. T...
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Androulakis positions PASOK as alternative to leading parties against phonetapping backdrop
PoliticsGreek PoliticsPASOK leader Nikos Androulakis used his maiden speech at the Thessaloniki International Fair (TIF) on Wednesday to hit out at both the ruling New Democracy party and its main rival SYRIZA, in an attempt to position the socialists as a distinct and reali...
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Mitsotakis unveils major defence package against backdrop of forces pay rise dispute
PoliticsGreek PoliticsThe government presented on Wednesday its plans for a major shake-up of Greece’s defence capabilities, which PM Kyriakos Mitsotakis claims is needed to equip the armed forces for a new era. The announcement comes after a week of upheaval in New Democrac...
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