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Parties gear up for clash over escalating migration challenge
PoliticsGreek Politicsgovernment. The question has been submitted by MeRa25 leader Yanis Varoufakis. It concerns the Moria camp on Lesvos, where a recent upsurge in arrivals has been accompanied by fatal accidents involving... than its capacity. The pressing nature of the situation on Lesvos and other islands has placed
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Mitsotakis eyes Christmas handout, tries to rally support for diaspora vote proposal
PoliticsGreek PoliticsDemocracy has made tackling income disparity its “number one priority.” The comment about a potential... to meet and exceed its goals. “If you try to spin a fake reality, especially in Greece which has... straight away. For this to happen, 200 out of 300 MPs must vote in favour. However, SYRIZA has already
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ND unveils migration bill seeking to tighten up asylum process, speed up returns
PoliticsGreek Politicsthe new asylum system. The bill, which has been put to public consultation, was drafted after... say that one of the reasons that Greece has experienced overcrowding is because the process has been... a special health card and allowed to work after the initial six-month period has expired, until
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Athens waits for credit rating upgrade as 10-year yield drops to new low
EconomyThere has been a continuous flow of positive messages from the sovereign debt market for Greek.... It has moved since to 1.28 percent as the desire for yield in a negative rates environment in the fixed income market has made GGBs an attractive prospect. Earlier in the month, Greek debt managers
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Athens hopes IMF prepayment go-ahead aids case for lower fiscal targets
EconomyProgrammeof the loan it has received from the IMF, which carries an interest rate of 4.9 percent. The move.... ESM managing director Klaus Regling has already publicly backed the move, even when the SYRIZA... for lower primary surplus targets in the coming years. Although Prime Minister Kyriakos Mitsotakis has
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ND and SYRIZA square up as Novartis inquiry gets underway
PoliticsGreek Politicswas due to begin on Tuesday. The issue has provided the greatest flashpoint during New Democracy’s... issue, Novartis has been the only item on the political agenda that has fuelled friction between the government and the opposition since the national elections. During this time, SYRIZA has mostly
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Economic sentiment eases to 106.7 in Oct, industry and construction confidence improve
EconomyMacroeconomyCommission (EC) figures showed on Wednesday. As of October’s reading, the index has remained above 100 points for eight consecutive months. Compared to October 2018, the ESI has increased by 6.3...-on-month and came to -8.4 in October. Compared to October 2018, consumer confidence has shown
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ND looks to asylum bill, strong rhetoric to ease pressure from migration flows
PoliticsGreek Politics. The migration issue has quickly become the biggest political threat to New Democracy, which had been... on the economic front. However, the increased flow of refugees and migrants to the Greek islands has put... assembly later this week, has been criticised by human rights groups. Groups including Amnesty
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Mitsotakis aims to cultivate Chinese investment, trade opportunities
PoliticsGreek PoliticsAn extended trip to China has provided Prime Minister Kyriakos Mitsotakis with the opportunity... it offers, Mitsotakis has been accompanied by representatives of almost 70 Greek businesses and several top... leader reportedly said during the meeting. The Greek leader has highlighted during his trip
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Economic sentiment at 107 in November, consumer confidence continues to strengthen
EconomyMacroeconomyCommission (EC) figures showed on Thursday. As of November’s reading, the index has remained above 100 points for nine consecutive months. Compared to November 2018, the ESI has increased by 6 points...-on-month and came to -6.8 in November. Compared to November 2018, consumer confidence has shown
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