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Despite ongoing budget talks, ND eyes more relief measures in coming months
PoliticsGreek Politicsover the last few months has given the government the space it needed to implement the relief measures... been the case until now. However, Athens has yet to conclude negotiations with the institutions before..., with the Greek government under pressure to show that it has wiped out the fiscal gap, which stood
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Newsletter 224 -18/10/2019
of the year from the additional surplus. Although Prime Minister Kyriakos Mitsotakis has indicated.... At the moment, 138 million euros has been set aside for businesses, which are set to receive... submitted to the scheme. Around 600 million has already been received by authorities. According
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Energy bill also unveiled as legislative activity intensifies
PoliticsGreek Politicsat the electricity company. This is the intervention that the government has advertised most as it ties in with New..., from having the upper hand. The GENOP union at PPC has notoriously been militant in its resistance...). The sale can begin before the spin-off process has been completed. The tabling, and imminent
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Govt rebuffs uncomfortable reports on money laundering, unpaid contributions
PoliticsGreek PoliticsThe government has been put on the defensive as a result of a couple of reports in the international media, while Prime Minister Kyriakos Mitsotakis has had to step up efforts to improve North.... Government spokesman Stelios Petsas told Skai TV on Friday that Athens has sent a response to the FT
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MPs gear up for action as To Potami calls it a day and PASOK wobbles
PoliticsGreek Politics. The government has already let it be known that the extra funds will be paid out in cash and will go to some... of the Greek President by MPs and snap general elections. New Democracy has proposed for MPs to hold up... challenged Genimmata for the leadership of KINAL, was also critical. He argued that Gennimata has
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Newsletter 230 -29/11/2019
of the outstanding obligations to the IMF has been completed after Athens paid ahead of time 2.7 billion... billion euros. Greece has already repaid the Stand-by Arrangement of the first programme and until... programme, which Greece has to start repaying next year. On a political level, the government is hoping
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BoG urges banks to improve quality of capital, re-doubles SPV efforts
EconomyBanking(DTC). BoG notes that throughout 2019 economic sentiment has been improving and that this has... months, albeit still three notches below investment grade. The liquidity of the banking system has... in the stock of non-performing exposures (NPE), which has a knock-on effect on the profitability
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Ankara tension tops govt agenda, overshadowing social dividend and primary residences
PoliticsGreek Politicsa vis Erdogan. This represents perhaps the biggest challenge the centre-right leader has faced during... for the government as Parliament approved its second tax bill. New Democracy has been emphasising... to 830 euros on average. New Democracy has repeatedly accused SYRIZA of overtaxing the Greek middle
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Spree of media deals puts spotlight back on ownership issues
Societyproperty of defunct MEGA channel, which has been off air for a year. Marinakis, who already owns the DOL newspaper group, has been on a media buying spree since 2017. The DOL group includes two of Greece... favourable treatment for an (unnamed) aspiring media baron. Further consolidation has been taking place
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Athens buoyed by EU, US support over maritime spat with Turkey
PoliticsForeign Policyconfirmed that it has sent the agreement to the United Nations for approval. Diplomatic sources in Athens... and NATO. At this point, Greece’s main aim to “internationalise” the issue has been achieved... as well as condemnation of Turkey, no major player is specifically has called the Turkey-Libya memorandum
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