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Government moves to implement PM's pledges despite grumblings from interest groups
PoliticsGreek Politics. Mitsotakis kicked off the week with a series of meetings focussing on the plans for schools... signalled that they now believe they have enough support to close off any avenue of return to him, while... in the performance of hospitals and in the pay and working conditions of hospital staff. Georgiadis said more
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Foreclosure bill undergoing final adjustments to satisfy creditors
EconomyProgrammethis to be brought down to 25 percent. Another condition is that the total value of other property held... is below 250,000 euros and they fulfil certain wealth criteria. One of those conditions... will also determine whether he/she can be included in the scheme. These conditions are aimed at excluding
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Tourism could give economy annual 5 bln boost, NBG report finds
EconomyFeaturesTourism could generate an additional 5 billion euros for the Greek economy annually, according... season between June to September resulted in annual Greek hotel occupancy rates of 27 percent... increase overnight stays by foreign visitors in Greek hotels by 22 percent annually and generate
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Mining drives growth of 0.5 pct YoY in industrial production for June
EconomyMacroeconomyand employment. Greek manufacturing growth slowed, with new orders increasing at their weakest rate since... since mid-2023. Month-on-month (MoM), the seasonally adjusted index in May recorded a 3.2 percent
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Newsletter 259 -24/07/2020
this year After days of difficult negotiations in Brussels, the Greek government found out late on Monday... and will be directly linked to the impact that these funds can have on the Greek economy. The next...) produced its latest outlook, underlining the difficulties facing the Greek economy, and how necessary
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Migrant arrivals to measure impact of return scheme launched on Monday
PoliticsGreek Politicsto Turkey with the help of the EU border protection agency Frontex. It seems that the Greek government... and more hirings are made at the Greek asylum service. The legislation passed by the Greek Parliament... that the arrivals in the 24 hours before the deportations began, as well as the number of migrants reaching Greece
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Words will always hurt
Agorato appeal to the devil inside us rather than the better angels of our nature. It is a feature of Greek... tsunami, traitor, junta, genocide and extremist are uttered by mainstream Greek politicians on both... percent of public spending was left off the books and the amount the country owed quadrupled during
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SYRIZA's bid to force elections by early 2015 will be a close-run thing
PoliticsGreek PoliticsGreek Prime Minister Antonis Samaras pledged on Wednesday during his speech at the European... until 2016. SYRIZA, however, has different ideas. Speaking in the Greek Parliament on Friday, SYRIZA... look at how the numbers stack up in Greek Parliament indicates that it would be a very close run
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Piraeus Bank reports loss of 247 mln for Q1
EconomyBankingPiraeus Bank concluded the first quarter (Q1) reporting season for Greek banks by posting a net... of several one-off items and impairments on other assets. It is noteworthy that the bank consolidated.... Piraeus is the only Greek bank that posted a quarterly increase in NII. Cost containment also reflects
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Greece's new finance minister lines up for a marathon (and several short sprints)
PoliticsGreek Politicsby surprise but the big challenges awaiting him are no secret. Hardouvelis’s appointment caught many off... of Understanding with the troika and executing the haircut on private sector holders of Greek bonds (PSI). He... in deciding the sustainability of Greek debt, the outcome of negotiations will also affect fiscal
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