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Kasselakis ousts controversial MP, intensifying speculation about plans for SYRIZA
PoliticsGreek PoliticsSYRIZA leader Stefanos Kasselakis has ousted outspoken MP Pavlos Polakis from the leftists... entrepreneur to put more distance between him and Tsipras. Kasselakis has recently generated... to oust Polakis has not gone down well with a section of SYRIZA’s support who felt that the Cretan
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ND blocks parliamentary scrutiny of court’s surveillance decision, ratcheting up political tension
PoliticsGreek PoliticsNew Democracy has blocked a request from all the opposition parties for Parliament to scrutinise... has over the last two years curtailed a parliamentary inquiry, meddled in the work of independent... has taken place and that is why he is being tight-lipped, unlike some of his ministers who have
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Seasonal worries add to pressure on govt as opposition highlights holiday costs, hospital staffing
PoliticsGreek Politicshas been under sustained pressure since the EP elections, while opposition parties have been making.... Mitsotakis’s fondness for setting quantitative targets has been lent some urgency by the growing.... The prime minister has already hinted that the scope for support measures is limited. Having already
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Finance Ministry's defence of economic record highlights area of policy weakness
EconomyMacroeconomythe last five years. It showed how Greece has slipped to the bottom of EU rankings in terms of spending... article, the Finance Ministry this week outlined seven areas that the government has been delivering good..., investments grew by the largest rate and the economic growth has led to the largest reduction in the debt
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Data protection ruling adds to pressure on New Democracy from ranks
PoliticsGreek Politicsto energy prices. The so-called “emailgate” affair has come back to haunt the party, after the data.... The government has been accused of being too timid to allow development on uninhabited islands for fear... markets and electricity prices. A group of around 30 deputies, meanwhile, has been signalling
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SYRIZA leadership settled in first round as Famellos looks to build on rare moment of unity
PoliticsGreek Politics, conceded. In a show of unity that has been rare in the leftist party since last year, when Alexis... a downward spiral that has seen it slipped not only from second position in the polls, but even below third place. The decline has prompted many commentators to wonder whether the leftists can return
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Scope takes Greece a step further into investment grade territory with 'BBB' rating
EconomyMacroeconomyas it granted the first upgrade of the year and is the only agency that has moved Greece’s rating one step... that Greece’s debt ratio has significantly improved, falling from 212.6 pct of GDP in 2020 to an estimated... borrowing costs. The banking system has reduced NPLs from 49.2 pct in 2017 to 6.4 pct by mid-2024
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As bank debate rages, ND's support slips further and PM loses economic adviser
PoliticsGreek Politicsfive years, announced that he is leaving the post. The ruling centre-right party has been troubled... percentage points be added to the tax on bank profits has acted as catalyst for an intense public debate... inherited a severely damaged banking sector in 2019 and has overseen a process during which local
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PASOK tries to take initiative in budget debate as SYRIZA exodus continues
PoliticsGreek Politicsto the government’s position. Prime Minister Kyriakos Mitsotakis has made it clear that taxing bank profits... of putting pressure on lenders with regard to their practices. It has been reported that one... the socialist party’s ratings in the opinion polls. Shrinking SYRIZA Another MP has announced
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Pressure mounts over Tempe handling as PM ponders reshuffle
PoliticsGreek Politicsnoted that his government has been through turbulent periods in the past. However, his words are unlikely to have had much impact given that the government has a long way to go before it can convince... on public transport safety and begin to overturn the feeling among voters that the government has
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