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Contraction of 0.1 pct in Q4 sees 2018 GDP fall slightly below target at 1.9 pct
EconomyMacroeconomyGreece’s seasonally adjusted (SA) GDP fell by 0.1 percent quarter-on-quarter (QoQ) in the fourth...’s (MoF) final budget estimate of 2.1 percent for 2018. A breakdown of annual components showed... to 2017. The MoF’s final budget for 2019 had foreseen the exports of goods and services to increase
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Mitsotakis distances himself from Israel’s Lebanon offensive as industry warns of energy crunch
PoliticsGreek PoliticsPM Kyriakos Mitsotakis has sought to reframe Greece’s perspective on the evolving situation in the Middle East, taking a more critical view of Israel’s actions in Lebanon while still trying to maintain a strategic balance as a partner in regional security. In an interview with CNN’s Christiane
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Greek-Turkish relations set for turbulence after court rejects soldiers' extradition
PoliticsForeign Policy. Turkey’s anger at the decision was to be expected. In any bilateral meeting that took place since...The decision of Greece’s Supreme Court on Thursday to reject an extradition request for eight Turkish military officers who fled Turkey after July’s coup attempt has created great uncertainty about
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Athens tries to rekindle ties with North Macedonia after period of stasis
PoliticsForeign Policyand could be North Macedonia’s closest ally and best friend.” Talks focused on bilateral issues... Tuesday’s visit to Skopje by Foreign Minister Nikos Dendias and the contacts he held with his... that took place in North Macedonia’s capital also showed a desire to heal the wounds that emerged due
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New Democracy and PASOK ponder next moves after election defeat
PoliticsGreek PoliticsDefeats for New Democracy and PASOK in Sunday’s elections look like triggering developments in both parties over the next few weeks. Despite Antonis Samaras’s attempt to put on a brave face when Sunday’s results came in (he pointed out that the party lost just under 2 percentage points compared
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Athens braces for return of lenders, discussion about measures
PoliticsGreek Politicsas the cuts to pension spending and the reduction to the tax-free threshold. The government’s line of defence... of the government to highlight this point in an interview with Sunday’s Kathimerini. “[The agreement.... “If the annual fiscal target is seen being missed or beaten, the positive fiscal measures will be increased
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New Democracy tries to win over voters with crackdown on bank charges, migration
PoliticsGreek Politicswithdrawals from ATMs. The measures came after the outcry which greeted Piraeus Bank’s new arrangement... are some of the highest in Europe. The speed of the government’s reaction suggests that complaints..., including a ban on charges for withdrawals by customers using their own bank’s ATMs or those
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U.S. and China are still in reconnaissance mode, but for how long?
Agorawill go over the next four years. On the one hand, there’s an effusive Donald Trump who regularly... struggle in a framework that’s too complex to authoritatively read through. While nobody has a crystal ball, a look at a sample of views recorded on both sides may give one an initial inkling. Trump’s
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Elektroniki’s bankruptcy reflects struggles of consumer electronics sector
EconomyFeaturesthe end coming but Elektroniki’s demise does not bode well for Greece’s already damaged consumer electronics market. The chain’s decline marks a general trend in the Greek electronics sector, which has been on a downward slide since the advent of the Greek crisis. Elektroniki’s owner, Yiannis Stroutsis
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Serbia’s road to collective immunity: A tale of two realities
Agoraa wide berth, and it’s always for the same reason - they are not regime-oriented. Some people want... with no critical review and spread relentlessly, are the biggest obstacles to achieving this goal. However, it’s... and violation of the Constitution, whatever happens, the economy is more important. Let’s face
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