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Lenders fret over reform delays as Brussels revises 2019 growth forecast upwards to 2.2 pct
EconomyProgrammein 2018, around 2 billion euros remained unpaid at the end of December. The Finance Ministry has argued..., the privatisation fund, HRADF, has submitted an Asset Development Plan and is hiring technical... concession. Perhaps, the key issue that has to be addressed is the framework that will replace
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New polls indicate support for recent measures, give SYRIZA glimmer of hope
PoliticsGreek Politicshas backing of 2.9 percent. It should be noted that the poll was conducted with May’s European..., the difference between the two parties is the smallest it has been for the last two years. SYRIZA appears... Democracy’s lead over SYRIZA has not had a discernible impact on voter’s preferences. A survey by ProRata
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Going for Growth: What next for Greece's economy and banks?
Agoralife. To give a clearer idea of what the country has been through, GDP in 2007 was 318.9 billion..., with a series of capital market suspensions and a stock market that has contracted by 83 pct (figure 1... which has raised 250 million euros of venture capital and witnessed a number of exits[10]. That said
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Tsipras prepares line-up for European elections as Mitsotakis tries to woo investors
PoliticsGreek Politicsis on domestic political issues, Mitsotakis has spent the last few days in the USA, where he spoke to investors... period. “These are measured tax cuts,” said Mitsotakis, echoing a message he has repeated since... in the build-up to the crisis. As a result, SYRIZA has positioned itself as being the defender of equitable
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Tsipras hammers out dividing lines, trumpets battle with 'elite'
PoliticsGreek PoliticsInsisting that national elections will be held in the autumn, Prime Minister Alexis Tsipras has... articles of the constitution can be revised by the next Parliament, Tsipras insisted that he has... minister has not yet made a final decision and the option of a snap election in May is still open
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Government makes last-minute change to main homes bill in bid to satisfy creditors
EconomyProgrammemortgages, the assessed value of homes has been set at 250,000 euros. For business loans... post-programme review has been completed and if Greece can receive 970 million euros from the latest... vote as New Democracy has indicated it will back the legislation, even though it criticised
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KINAL vies for space, plays hard-to-get ahead of elections
PoliticsGreek PoliticsCentre-left Movement for Change (KINAL) has staked its claim for a say in the future of Greek... at the next parliamentary elections seemed to have been dealt a serious blow. However, the grouping has experienced a mini-revival over the last few months. This has been partly attributed
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After local elections in Turkey, Athens hopes recent tension with Ankara will ease
PoliticsForeign Policyabout the future: The recession in Turkey and the high inflation rate, which has reached 20 percent... of Agathonisi, in the eastern Aegean. Athens has lodged a strong demarche and according to diplomatic sources, the Turkish Ambassador to Greece, Burak Özügergin, has given reassurances to his interlocutors
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Developments in Novartis probe signal new, bitter phase in pre-election battle
PoliticsGreek Politicsinto the alleged scandal involving Novartis and the setting of drug prices in Greece has been completed... being, the lengthy investigation into the Novartis case has led to prosecutors asking... Pikrammenos, Giorgos Koutroumanis, Evangelos Venizelos and Andreas Lykourentzos) has been dropped
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Economic sentiment down to 100.3 in April, consumer confidence continues to strengthen
EconomyMacroeconomymark. Barring January’s reading of 99.6, the index has remained above 100 points in the year so far. Compared to April 2018, the ESI has fallen by 2.3 points. Consumer confidence improved by 0.7 points month-on-month and came to -30.9 in April. Compared to April 2018, consumer confidence has shown
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