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Turnover in tourism sector up 13.9 pct in Q3, positive for fifth consecutive quarter
EconomyMacroeconomywithin the EU increased by 1 percent to 1.01 billion. Receipts from Russia increased at the strongest... percent in the year to date until September, bringing the total number of visitors to 16.2 million... to 26 million in 2017. Furthermore, travel receipts are foreseen to increase by at least 1 billion
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Athens facing final steps in third review as next milestones identified
EconomyProgrammethat there are a total of seven prior actions that need to be completed by Monday, which included the payment..., with another 1 billion to follow subject to e-auctions and the reduction of arrears progressing. During his... the introduction of e-auctions for debts to the state from May 1, the divestment of lignite units followed
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Doubts about whether package deal with lenders is feasible by June
EconomyProgrammeeuros will be released on Wednesday, with another 1 billion to follow for arrears clearance after May 1, dependent on progress in reducing the stock of state arrears and improving the effectiveness... disbursement will take to 45.9 billion the third programme funds received by Greece. The total envelope
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Athens taking more time to consider 2019 measures ahead of budget talks
EconomyProgrammeof the compensatory measures that have been agreed with the lenders in return for implementing 1 percent... to be tabled by October 1 so that its review by EU authorities can begin under the terms of the European... of the year, total arrears have fallen by 596 million euros. The original target of settling all
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Tax cuts set to lead package of post-MoU pledges by Tsipras
PoliticsGreek Politicsout of the excess surplus for 2019, which is expected to surpass 1 billion euros. The 2018 excess..., the measures are costed at between 750 million and 1 billion euros, with around 2/3 of the sum... euros. Tsipras is also expected to announce the start of the process for paying out a total
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Athens waits for green light from Eurogroup so it can settle IMF loans early
EconomyProgrammedays as Athens looks to secure the disbursement of nearly 1 billion euros from the Eurogroup on April... that no more than 10,000 loans in this category will qualify, representing 1 billion euros of debt, To Vima... of the total that Greece is in line to rap the markets for this year, the government would like another foray
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Athens holds fire on debt schemes, prepares tax relief measures
EconomyProgrammecontributions will offer relief to more than 1 million debtors with a total of 35 billion euros.... Reports suggest that the package being considered by the government could cost as much as 1 billion
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Support for euro grows in Greece, strong mistrust of EU easing
Societylikely overall to feel that their voice did not count in the EU. A total of 68 percent of respondents... (+1 pps versus autumn 2018) and 93 percent saying that it was bad (-1 pps versus autumn 2018). When
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ND and SYRIZA square up as Novartis inquiry gets underway
PoliticsGreek Politicstheir support drop by 1 percentage point since September, but New Democracy is on 38.5 percent, with SYRIZA... taxation, 10 percent identified law and order issues and 8 percent investment. Just 1 percent pointed... of Greeks living abroad. A total of 73 percent said the government and the opposition should, or should
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Govt looks for formula to re-start tourism as calls intensify for support of entertainment sector
PoliticsGreek Politicsbe right for Greek tourism to begin to open up from July 1. Mitsotakis is being lobbied heavily... and Bulgaria, accounted for 16 percent of the total 34 million visitors to the country in 2019... major market, only 1 percent of respondents to a recent MORI poll said they are considering a foreign
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