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Optimism in Athens as Cyprus talks move into delicate phase
PoliticsForeign Policydevelopments given that most parties in Cyprus have expressed strong reservations in relation to what seems... for the withdrawal of Turkish troops, which have held more than a third of the island since 1974... a demand from the Greek Cypriots for the return of not less than 100,000 Greek Cypriots
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Industrial turnover rises at accelerating pace of 9.4 pct in Sept
EconomyMacroeconomy. The strong rebound in September reflects a similar rise in manufacturing turnover by 9.3 percent..., the growth for the non-eurozone countries of 22.7 percent was much higher than that (5.6 percent...-durables edged down 1 percent. In more detail, turnover in mining of metal ores more than doubled
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Tsakalotos sticks to guns as review compromise remains elusive
PoliticsGreek Politicsconcessions on debt relief rather than demanding Athens give in on issues such as labour reforms... measure than reducing the surplus targets,” he said. His comments suggest that Greece and its creditors..., bank boards have to have strong and independent directors with a robust track record who can ensure
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Are we taking Greeks' devotion to the euro for granted?
Agorafor the euro in Greece remains strong,” may be the counter-argument to this gloomy set of data... has tended to average about 10-15 points higher than for the EU. Finally, Greece’s figure is eight points lower than it was last autumn (the biggest fall among all EU members during that period
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Early tourism estimates point to increased airline pre-bookings and lower cruise passengers in 2017
EconomyMacroeconomyThe demand for airline travel to Greece remains very strong for 2017, particularly from German... more than those in 2016. This estimate is due to be revised by the end of January and could... showed that foreign arrivals rose by 10.4 percent to 12.87 million in 2016, an increase of more than
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Slow progress on fiscal, impasse on labour keep review deal on hold
PoliticsGreek Politicsagreement ahead of the April 7 Eurogroup rather than the one on March 20. Finance Ministry sources told... as Athens believes that it has a strong case given that there is a commitment from the eurozone... than the reduction of the tax-free threshold, each of which are currently slated to yield 1 percent
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Primary surplus up to 3.9 pct of GDP in 2016, far above target
EconomyMacroeconomy. The government has repeatedly argued that the significantly better than expected fiscal performance... would have been significantly stronger than what we expected for 2016”. However, he stressed... billion. The strong primary balance in 2016 led the overall turning positive to 1.22 billion (0.7
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May is the cruelest month
Agora, at the moment, Theresa May looks anything but a prime minister who can offer ‘strong and stable leadership... than a ‘no deal’ situation. That would have been the first step towards educating the UK electorate... balance of the UK demands compromises. Anything other than that could potentially mean that May might
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Survey reveals opinions around Greek shipping cluster's potential
EconomyFeaturespercent and infrastructures by 31 percent. This prompted more than half of respondents (56 percent... that Piraeus is the most attractive option today (58 percent). This indicates that the awareness of strong... nationalities It should be noted that the survey results indicate that Greece as a maritime centre rather than
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Primary cash balance posts deficit of 46 mln at end of July
EconomyMacroeconomyprimary surplus for July beat the target by 955 million, reflecting a strong underspend with primary expenditure coming in 1.05 billion lower than target, coupled with a higher than expected Public
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