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Athens prepares 2019 draft budget amid pension cuts dilemma
EconomyProgrammeThe Greek government is set to take the next step in its efforts to call off next year’s pension... the coalition pre-legislated in 2017. However, the Greek premier also knows that any indication of a unilateral... the return of the ANFA and SMP profits from Greek bonds. The first instalment of more than 600 million
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Fears and reassurances over PPC's dire finances
EconomyFeatures. The national power company has been treated with kid gloves by various Greek governments during... the then-New Democracy government’s calls to downscale PPC and sell it off in pieces, calling.... Old-fashioned Although its hold over the Greek power market has been loosening lately as consumers
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Primary surplus target still on lenders' agenda despite snap elections
EconomyProgrammewill not disappear for the current Greek government or its successor. Reports in the Greek media on Tuesday... that the measures implemented for this year have thrown the budget off course and that the 3.5... that the announcement of the measures led to an in increase in Greek bond spreads. However, the news
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Eurozone set to give next govt until Sept to address fiscal issues
EconomyProgrammeThe new Greek government formed after the July 7 elections is unlikely to have to face probing... for Thursday’s Eurogroup and that the Greek issue would not be examined again until the Euro Working Group... by then. The next Eurogroup meeting due to take place on September 13 in Helsiniki, where the next Greek
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Newsletter 212 -28/06/2019
ND wards off low turnout threat Voters urged to take part as poor participation could hinder..., Golden Dawn, Greek Solution and MeRA25. New Democracy would get 156 seats, SYRIZA 75, KINAL 22, KKE 16, MeRA25 11, Golden Dawn 10 and Greek Solution 10. A Metron Analysis poll published in Sunday’s
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Excluded from Libya talks, Athens vows to block decisions that ignore sea border concerns
PoliticsForeign Policyunchallenged, the Greek government invited the commander of the Libyan National Army (LNA), Khalifa Haftar... of a country that is of a significance to Europe and Greece,” Mitsotakis said. The Greek premier also... General Khalifa Haftar may have been enough for the Greek government to be excluded, with the UN
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ND braces for deeper economic impact from Covid-19, mulls more assistance
PoliticsGreek Politicsof the coronavirus on the Greek economy has moved down the political agenda for now. Nevertheless... sees at 8 pct, it does underline that many Greek businesses will have to weather at least too very..., that this is not the case on Greek islands, which have only just begun to receive tourists
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Landmark Golden Dawn verdict welcomed by parties, obscuring underlying divisions
PoliticsGreek Politicsthat moment on, a combination of the criminal investigation, the cutting off of state funding for the party... was welcomed by all the parliamentary parties, provides closure on a dark period in Greek politics, when... not appear to be interpreted in the same way across the Greek political spectrum, even though
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Hercules nears end of its first cycle with National Bank's participation
EconomyBankingand the approval for the guarantee by the Greek state are underway, NBG said in a stock exchange filing... account for 18 pct, while consumer credit comprises 5 pct. Hercules was launched by the Greek government... that amount, with 27 billion euros of NPEs coming off the systemic banks’ books, within one year of operation
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Newsletter 289 - 19/03/2021
the Greek police but also indicated that many voters think the government handled the complaints of police brutality badly. According to the survey, 44% of respondents think the Greek police performs its... said they think Greek officers use excessive force, while 67% said they do not trust the police’s
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