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Under relentless pressure from opponents, Tsipras unveils plans for new crisis agency
PoliticsGreek Politicsof the civil protection authority, seen as one of the major weak points in the response to the Mati fire... of the most contentious points in the case of Mati. The announcement is the latest attempt...). The government also now faces the difficulty of trying to pivot from the sombre issue of the Mati fire to the MoU
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Fire on outskirts of Athens puts PM's crisis strategy under scrutiny
PoliticsGreek Politicsto evacuate their homes, have presented the kind of death toll seen during the Mati fire, when more than... to the Mati disaster and to put the blame firmly and exclusively at the feet of the SYRIZA... completely any last remaining possibility of Mitsotakis performing such a blatant about-turn
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Budget primary shows deficit of 7.01 bln as revenues suffer in September
EconomyMacroeconomyThe budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus of 4.47 billion noted in September 2019, the preliminary Finance Ministry (MoF) budget execution bulletin for September showed on Thursday. The primary surplus was below its
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Coalition focuses on relief effort after fires as Mitsotakis holds back on criticism
PoliticsGreek Politicsministers with breathing space despite the full horror of what happened in Mati, a seaside resort... authorities, despite questions being asked about whether there was an evacuation plan for Mati... incompetence becomes evident in the days ahead. The tragic events in Mati, though, have definitely
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Mitsotakis steps up pressure on coalition over wildfire deaths
PoliticsGreek Politicsthat the accounts of survivors of the Mati fire have more value and are more truthful than the explanations... for the deaths in Mati. One of the survivors has already filed a law suit and other legal action... knows that the muddled handling of the Mati disaster by the government means that he has to simply
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ND prepares first three bills for votes before Parliament's summer recess
PoliticsGreek Politicson Saturday that this debt settlement scheme would be the last of its kind. Mati measures Tuesday also marked once year since the devastating wildfire at Mati, northeast of Athens, which caused 102 deaths. Kyriakos Mitsotakis attended a memorial service in Mati hours after announcing that some 4,000
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FM explains verbal clash in Ankara but broader strategy remains unclear
PoliticsForeign Policyconfrontation in the eastern Mediterranean and the Aegean. The verbal confrontation between the two foreign
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What the ECB's latest decision on ELA and collateral haircuts means for Greek banks
EconomyThe European Central Bank decided on Monday to maintain the Emergency Liquidity Assistance (ELA) limit for Greek banks at June 26 levels, when it was raised for the last time. This means that the ELA... to adjust the haircut applied to collateral used for ELA. The decision was prompted by the “worsening
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Newsletter 174 -14/09/2018
that responsibility for the death and destruction inflicted by the Mati fire. The fact that all four officials... in Emergency Liquidity Assistance (ELA) funding which fell to 4.49 billion euros from 4.84 billion
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Another euro stitch unpicked
AgoraClub” days, the ECB now admits that ELA is available and will step in to take the place... and fully protected through its access to ELA,” said the Finance Ministry. As long as Greek banks are able to maintain access to liquidity through ELA then there is no reason for panic at home
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