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Newsletter 231 -06/12/2019
reaching an agreement with Libya last week to delineate maritime borders in the Mediterranean. Athens has labelled the deal “illegal,” arguing that Libya’s prime minister does not have the legal... investment spending rather than debt servicing, for which they are currently earmarked. In a carefully
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Greece faces dilemma over how to address relations with Turkey
PoliticsForeign Policy, a subject Greece has avoided even discussing. However, decisions on these matters are more complex than... and especially in the "sea zone between Turkey and Libya". This is what İbrahim Kalin, special adviser... intervention in Libya that does not mean it is willing to risk damaging relations with Ankara in East
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Turkey and Western Balkans top Greek agenda at European Council
PoliticsForeign Policyallies. Turkey carries a particular influence in Libya, a country of a special interest to Italy... process for the de facto reunification of Libya and called on all sides to avoid violence... be greater than the positive news of opening talks with Albania. Additionally, Athens fears
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Athens sticks by effort to build bridges with FYROM
PoliticsForeign Policy(Monastiri). Greece also values the fact that 3 million people from FYROM visited Greece
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Greece raised lower than expected amount from 3-year bond issue, yield at the high end
Economy” The MoF statement also notes that total offers reached 3 billion euros, materially lower than the 20... more than 550 orders from the investment community. The last time Greece issued a 3-year bond
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Samaras tax cut pledges aimed at MPs rather than voters
PoliticsGreek Politicswords were primarily aimed at MPs rather than voters. The only tangible announcement made by Samaras... tax would be 283 percent higher than in 2012, when it was raised from 60 to 330 euros per 1,000
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The Greeks deserved better than this
Agoraback down at the last minute, giving Tsipras a deal that would be better than the one he could get... by the International Monetary Fund) rejected more than half of nearly 8 billion euros in measures
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More than half of small businesses saw turnover dive by at least 50 pct due to capital controls
Economyin a sample of 1,005 very small and small companies. According to the survey, more than half of firms reported a drop in their turnover of more than 50 percent, with 32 percent indicating a decline
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EC study: VAT gap in Greece at 34 pct, more than double the EU average
Economyin 2012 remaining consistently more than double the EU average. The only three countries that have... the exemption gap was 37.1 percent higher than the EU average of 32.6 percent. A similar pattern
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IMF far more pessimistic than eurozone on Greek debt, urges significant relief
EconomyProgrammethereafter up to 275 percent in 2060 mostly due the anticipated high cost of market financing more than... with weaker than expected policies resulting in lower primary surpluses of 1 percent of GDP
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