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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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Ankara springs surprise on Athens with Libya maritime deal
PoliticsForeign PolicyDirectorate. This new move by Ankara has caused concern in Athens, which is considering how it should react.... Turkey has already shown its annoyance at the trilateral understanding between the three countries... explanations. Foreign Minister Nikos Dendias has briefed his counterparts from Cyprus and Egypt about
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PM outlines social dividend plans as Tsipras points way for SYRIZA
PoliticsGreek Politicsto a close on Sunday, Mitsotakis addressed the issue that has dominated media coverage over the past... could be as little as 100-200 million euros (Mitsotakis did not specify), the issue has featured... and acting as an “irresponsible observer.” Although the government has already taken a hard line
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Turkey's move in Mediterranean puts Mitsotakis under pressure domestically
PoliticsGreek Politicswith Libya last week to delineate maritime borders in the Mediterranean. Athens has labelled the deal.... It has also been condemned by Egypt and Cyprus, the other countries affected by Ankara’s bid to carve... and creation of EEZs. Greece has also threatened to expel Libya’s ambassador in Athens. Mitsotakis has had
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Scrutiny of govt, PM prompts deputy minister to quit
PoliticsGreek Politicsthat has been friendly towards the government, Diamataris announced his resignation. He claimed that he... but it nevertheless leaves a substantial dent in the image that the centre-right leader has tried to cultivate over the past few years, not just since he took over as premier in July. Mitsotakis has repeatedly
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Govt delivers diaspora vote, leads polls but receives Hellinikon complaint
PoliticsGreek PoliticsA rare moment of consensus has led to Greek Parliament allowing Greeks living abroad to vote...’s comfortable lead, the poll suggests that a wave of optimism has yet to sweep the country.... Growth came in fifth place on 30 percent, suggesting that much of the public has not been swayed
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BoG sets out positives and next steps for economy, forecasts 2.4 pct growth in 2020
Economyand business expectations pointing to solid growth momentum. Confidence in the banking sector has strengthened... in deposits and improved funding conditions for Greek banks. This improved liquidity has led to higher lending to businesses. During the first nine months of the year, the profitability of banks has
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