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Encouragement for Tsipras ahead of key vote on name deal
PoliticsGreek PoliticsPrime Minister Alexis Tsipras’s hopes of securing the five extra votes he needs in Parliament to pass the Prespes Agreement received a boost over Christmas ahead of what is shaping up to be a defining moment for his government. Potentially, the main sou...
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FDI, rather than tax cuts, holds key to stronger growth rates - study
EconomyFeaturesA study by IHS Markit which analysed the various growth policies and factors that could contribute to Greece’s future long-term economic growth found that raising foreign direct investment (FDI) is the most vital element. The study, presented in Athens ...
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Privatisation agency chief identifies key targets for coming months
EconomyThe CEO of the Hellenic Republic Asset Development Fund (HRADF), Aris Xenofos, has outlined plans to move ahead with several privatisations that have been pending recently. Speaking at a business forum in Athens this week, he said that the sale of a 30 ...
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Lenders set out key review issues as Athens tables proposals for fiscal space
EconomyProgrammeGreece’s fifth enhanced surveillance review formally kicked off on Wednesday when the mission chiefs started their meetings with the Greek authorities, following a week of preparatory work by the technical teams. Finance Minister Christos Staikouras hel...
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PM prepares for low key policy speech as poll suggests support for govt still high
PoliticsGreek PoliticsThe government is trying to dampen expectations ahead of Prime Minister Kyriakos Mitsotakis’s speech in Thessaloniki on Saturday – a task made easier by the fact that the first major opinion poll since the summer break has indicated that support is stil...
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Growing concerns over second lockdown in food service sector, a key employer
EconomyFeaturesGreece’s catering sector is bracing for the impact of new measures to contain the virus and sounding the alarm that the industry cannot survive a second lockdown. The catering industry has been in decline across the year due to reduced demand. A wave of...
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PM identifies pending pensions as key problem, while row brews over media law
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis has identified clearing the pensions backlog as one of the government’s priorities for 2021 after New Democracy struggled to live up to its pledge to ensure retirees receive their payments in less time than in the past...
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New Covid measures readied as doubts about key cabinet choices rub off on PM
PoliticsGreek PoliticsThe first opinion poll to be published since the recent cabinet reshuffle provides the first indication that Prime Minister Kyriakos Mitsotakis’s personal popularity has taken a direct hit for government decisions. For the first time since April 2020, t...
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Some key tasks pending as Greece edges closer to completing post-programme process
EconomyGreece formally completed the eleventh post-programme review, which took place remotely in mid-July and was followed by regular consultations, with the report published on Wednesday by the European Commission. The report concludes that Greece has taken ...
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FinMin tables recovery budget, foreseeing across-the-board improvement in key numbers
EconomyMacroeconomyThe Finance Ministry submitted to Parliament on Monday the draft budget for 2022 in which Greece is seen leaving behind the impact of the pandemic. The nominal GDP is expected to recover above the pre-pandemic levels of 2019 and the budget paves the way...
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