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EU Council boosts recovery fund hopes, falls short on Turkey
PoliticsGreek Politicspct. The level of satisfaction with the measures to combat the coronavirus has dropped to 40 pct... of the pressure ministers have been under this year to protect businesses and jobs. Greece has submitted its... on the details. These discussions are due to be completed in a couple of months. The Finance Ministry has
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Retail sales drop by 8.6% in 2020 as e-shops prosper but many sectors suffer
EconomyMacroeconomyand their overperformance has helped mask the dour situation in the sector. During the last quarter of last year, when... quarter of last year, just as Greece began exiting from the first lockdown. The industry has been.... This situation has forced the authorities to earmark most of the total annual support budget of 7.5 billion
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Quiet summer in Greek-Turkish relations not seen lasting
PoliticsForeign Policyto Antonio Guterres in which he has said Greece has breached “her solemn treaty obligations” in those... the claim has been put forward to a high diplomatic level. Additionally, Ankara is linking... of maritime zones or any future relevant negotiation. The Turkish envoy has told Guterres
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SYRIZA zooms in on inflation, pandemic weaknesses to boost popularity
PoliticsGreek Politicsthat the government has not escaped a public backlash over rising prices. SYRIZA has already... to 663 euros. It is not clear yet how big the next increase is going to be, but there has been... for this week alone above 300. Also, another 475 people were admitted to the hospital, while there has been
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Some tasks, risks left as Greece takes another step to exit from post-bailout surveillance
EconomyProgrammeGreece has one more step to take before it completes its post-programme surveillance after... months, as well as the general economic policy environment. The report is broadly positive, as has... the challenges posed by the pandemic, which has set back parts of the schedule. The institutions note
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Newsletter 334 - 08/04/2022
said they are satisfied with the relief measures taken so far by the government. There has also been... if necessary. This is the first time the New Democracy government has openly acknowledged... by the end of the year. In addition, DESFA has entered negotiation with its Italian counterpart Snam
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Rising bond yields a concern, but not an immediate fiscal problem
Economyaggravated inflation. Greece’s CPI has been breaking multi-year records each month since December and it has started to seem certain that central banks will raise interest rates. Following last week's... and September, and QE would end by July, the Greek 10-year benchmark has risen to 4.55 pct, yield
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Government tries to mount defence against criticism about wildfires
PoliticsGreek Politics. However, the blaze in Evros, northeastern Greece, which has so far claimed 19 lives (another person... parliamentary group, Sokratis Famellos, argued that New Democracy has no excuses for the evident shortcomings... party president is elected in early September, accepted that the extreme weather has made the situation
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Newsletter 391 - 01/09/2023
failings in the upcoming elections. The government has already announced that it will increase spending... to fuel the anti-migrant sentiment that has been brewing in northeastern Greece, but which has also been evident in Greece’s mainstream political debate. In recent days, the spotlight has fallen
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PM prepares to set out policy agenda, SYRIZA gears up for leadership vote
PoliticsGreek Politicsleader. Over the past few days, the government has dampened expectations about what Mitsotakis might... to vulnerable households, although the PM did explain in a Facebook post that although Greece has one... subsidies will remain for vulnerable households. The government has not ruled out another “inflation cheque
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