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Lack of savings points to wider economic issues
EconomyMacroeconomychallenges and to raise questions about whether, after half a decade in office, the Greek government has... to put any savings aside. Apart from two years in 2020 and 2021, Greece has had a negative savings... that one of the reasons that savings in Greece appear so low has to do with the size of the informal
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Leaders' finances under scrutiny as Kasselakis hits back at accusations
PoliticsGreek PoliticsA few days before Greeks are due to vote in the European Parliament elections, a full-blown row has... personal wealth. He, in turn, has hit back by accusing New Democracy and Prime Minister Kyriakos..., once he has collected the information from the US, where his businesses are based. The details made
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Newsletter 426 - 07/06/2024
indicate that Kasselakis has an annual income of 1.9 million euros and the value of the shares he holds is around 3 million euros. He owes 1.8 million euros in loans. Kasselakis has holdings in three companies. Kasselakis said that his wealth has been built up through his entrepreneurship
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PASOK, SYRIZA leaders show little appetite for touted alliance of progresives
PoliticsGreek Politicspresidency the party has increased its support and pointing out that, unlike New Democracy and SYRIZA, its share of the vote rose in the recent European Parliament elections. He added that he has now led... with deciding whether and when a vote should be held. Androulakis indicated that he feels he has
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Mitsotakis defends political choices in turbulent meeting with dissatisfied MPs
PoliticsGreek Politicsunderperforming at the polls. Opposition leader Stefanos Kasselakis, meanwhile, has brought forward the meetings... the direction he has signalled in the aftermath of SYRIZA’s underwhelming performance. Government... name has become associated with policies such as the marriage equality legislation. At the end
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Dispute over hospital doctor shortages rages as minister makes controversial Turkey comments
PoliticsGreek Politicsregarding Greece’s military capability in comparison with Turkey’s. The government has been trying... emergency rotas, but the initiative has not been received well by medical professionals. Georgiadis said... that anyone who has a private practice on Kos can be called in at any given moment to work for the state
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Mitsotakis focuses on next steps as Kasselakis becomes embroiled in new internal row
PoliticsGreek Politicsmeeting before the summer break on Tuesday. It has been reported that several bills, related to justice... Facebook post, Mitsotakis identified the health system as one of the areas where the government has... by Health Minister Adonis Georgiadis over this matter has riled doctors, who are reluctant to take
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Opposition pledges no let-up on surveillance affair as watchdog joins Supreme Court critics
PoliticsGreek Politicsinvolvement in the use of spyware and illegal surveillance has been questioned in an article by the head of the communications privacy watchdog. The intervention has been seized on by opposition party... in the country has been restored”. The statement acknowledges the difficulties faced by opposition
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Bumper results for banks add to frustration over interest rates, fees
EconomyBankingduring Greece’s membership of the euro area. It has only slightly moderated since then, to 5.63 pct... tills with POS, the segment has grown significantly for Greek lenders. In 2023, income from fees and commissions exceeded 1.8 billion euros, while in H1 it has already surpassed 1 billion euros
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Newsletter 433 - 13/09/2024
politics has seen in recent times, the majority of SYRIZA’s political committee members voted on Sunday... has allowed itself to become something of a soap opera, less about policy and more about the drama... is due on October 6, with a run-off ballot due a week later. The contest now has the added
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