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Political friction surfaces in first days of second national lockdown
PoliticsGreek Politics. The opposition leader has, however, avoided challenging the emergency measures currently in force... of the Covid pandemic. SYRIZA leader Alexis Tsipras has been visiting some of the worst-hit regions.... Tsipras has called for the appointment of a health minister with cross-party support
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Newsletter 343 - 24/06/2022
of energy bills. PM Mitsotakis stressed the range of measures that his administration has adopted... in 2019. The Finance Ministry has set aside 375 million euros for the latest measures, taking total... extent, it has delivered on this agenda with voter-friendly measures such as dropping
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Govt lays out recovery plan to October, launches tourism roadmap
PoliticsGreek Politicschecks on travellers, a measure that is notable for its absence from the government package...., in a briefing which covered fiscal measures, investment and employment. Special attention was paid... is costed at a total of 24 billion euros, combining fiscal measures and guarantees, of which 7 billion
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Newsletter 67 - 18/03/2016
issues of the first programme review, no agreement has been achieved in most of them. However, progress has been made in some of the thorniest issues on the review agenda. Without providing any... on the full liberalisation of the non-performing loan (NPL) market. In contrast, the government has
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Newsletter 198 -15/03/2019
Debt Management Agency (PDMA) has provided details of the country’s second bond issuance of the year... 5-year issue roughly a month ago. The PDMA notes that the new 5-year has performed well during its first month of trading and since issuance the yield has dropped by nearly 1 percentage point, 80
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Newsletter 110 - 10/03/2017
of the fiscal counter-measures it has identified, such as lowering VAT on electricity... Monetary Fund spokesman Gerry Rice said there has been progress in important areas.... It appears, for instance, that the Greek side has accepted the pre-legislation of 2 percent of GDP (3.6
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IMF far more pessimistic than eurozone on Greek debt, urges significant relief
EconomyProgrammeon ESM loans to 17 and 20 years for EFSF and Greek Loan Facility (GLF) loans. The second measure relates... of the European loans granted to Greece including a number of debt relief measures. The first involves... loans, up to 14 years for EFSF loans and 10 years for ESM loans. Additional measures include interest
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Finance Ministry grapples with escalating cost of pandemic
Economyresidences for their children get 40 pct rent discounts. The cost in March for this measure is 70 million...Finance minister Christos Staikouras announced on Monday that the cost of support measures... monthly cost of lockdown measures to “over 3 billion euros”. Staikouras said 67 pct of all retail
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Review gathers pace as mission chiefs prepare for Athens return
EconomyProgrammeMonetary Fund (IMF) has already indicated that it will not ask for more measures next year despite... the Greek side with the tasks it has to complete so that there can be a staff-level agreement... of the prior actions relate to this matter. Although Prime Minister Alexis Tsipras has vowed that the sell
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Newsletter 231 -06/12/2019
has labelled the deal “illegal,” arguing that Libya’s prime minister does not have the legal... to Erdogan when the pair met in Watford. It has also been condemned by Egypt and Cyprus, the other countries... as acting meekly in the face of Turkish provocations. Mitsotakis has said that he had an “open discussion
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