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Tsipras looking to build momentum for elections after vote on name deal
PoliticsGreek Politicsand the ratification of the name deal will provide Tsipras with the opportunity to make one last push before... leader will have to conduct one last reshuffle, replacing not just the outgoing ministers and deputy... said, arguing that New Democracy’s policies would be a “danger for society.” Over the coming weeks
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One in two Greek households rely on pensions to make ends meet
SocietyThe main, and in many cases only, source of income for almost half of Greek households are pensions, whereas they rely on salaries most in just one in three cases, according to a new survey. The poll... to the survey, 40.2 percent of households (approximately 1.4 million), have at least one member who
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One night in Cannes
Agoraa productive one, although certainly risky. It is likely to have flushed out the snipers and those who..., one has to ask to what extent Samaras and Venizelos’s decisions were driven by a desire to save
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S&P upgrades Greece one notch to B, sees growth in 2015
EconomyStandard and Poor’s (S&P) upgraded today Greece’s long-term rating by one notch to ‘B’ from ‘B-‘ with a stable outlook and reflects its view that risks to fiscal consolidation have abated...’ on August 2 and of Fitch by one notch to ‘B’ on May 23. Moody’s rating stands two notches lower than
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Budget primary surplus grows in April thanks to one-off revenues and restricted spending
EconomyMacroeconomy, whiich turned to an over-performance of 69 million by April, mostly reflecting a one-off item. b... include two items that were not incorporated in 2015 budget figures. The first involves one-off
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Greece holds back spending, rakes in one-off revenues for 2.1 bln primary surplus at end of April
Economymillion above target), mostly due to a one-off item, coupled with a continued primary expenditure... to two items that were not incorporated in the 2015 budget numbers. The first relates to one-off income
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Airport redevelopment gets green light, leaving one prior action as lenders return to Athens
EconomyProgrammeThe Council of State has approved the redevelopment of Athens’s former airport at Hellenikon, meaning just one prior action from the third review remains to be completed as the Greek government... in what will be one of the largest investments in Greece. What remains is for the casino license
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Despite recent improvement, more than half of Greeks unable to afford one-week holiday
Societyresidents of all ages who made at least one trip came to 4.8 million and the number of trips to 7.9... at least one trip for personal purposes was seen in those aged 45-64 where an increase of 5.7 percent
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DBRS ups Greece's rating one notch further into investment grade
EconomyOn Friday DBRS upped Greece's credit rating to ‘BBB’, one notch further into investment grade, while the outlook was lowered to stable from positive. After Scope Ratings in December, DBRS is the latest agency to take Greece further into investment grade, with Moody’s remaining the only one yet
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Primary cash balance posts deficit of 316 mln in first 5 months
EconomyMacroeconomya year ago. As previously noted, this year’s figure includes a one-off item of around 2 billion... of the year. It is noted that, excluding arrears’ payments, the respective figure dropped by 277 million
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