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As East Med tension remains, Athens also keeps eye on Turkish actions in Aegean
Foreign PolicyGreek Politicsthat Ankara may soon challenge Greece’s sovereign rights around the Eastern Aegean island of Kastellorizo is high. This may explain why Prime Minister Alexis Tsipras raised the issue himself. Opposition..., hinting that SYRIZA may be doing this to gain political capital. The Greek premier has engaged in a war
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Budget primary surplus at 382 mln in June
EconomyMacroeconomyto a deficit of 534 million euros, almost unchanged from a monthly deficit of 547 million noted in May... euros. In May, gross revenues were higher at 4.79 billion. On an aggregate basis, gross revenues.... Expenditure Primary expenditure rose to 3.49 billion in June, dropping against May’s figure of 4.50
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Eurosystem funding rises by 539 mln in June, banknotes in circulation also up
EconomyMacroeconomyto 8.61 billion versus 8.07 billion in May, completing six consecutive months under the 10-billion... government securities expiring as the country left its final bailout programme. As with May, ECB... rose by 186.4 million euros in June after a smaller rise of 45.4 million in May. June’s increase
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The oil and gas debate Greece is not having
Agorasolution” to Greece’s economic woes may be attractive, particularly in a country accustomed... into energy sources whose profitability may sensibly decline over the coming years? Finally... to be met by specializing in a fading sector. There may be strong opportunity costs in mobilizing
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Eight in 10 tourist visits to just five regions, six nationalities generate half of receipts
EconomyFeaturesshowed that the balance rose by 7.8 percent in May 2019 compared to May 2018. Receipts came to 1.61... revenue according to the INSETE report, the fact that German visitors dropped by 13.6 percent in May
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Govt looks for ways to manage promised tax cuts as Mitsotakis continues European charm offensive
PoliticsGreek Politicsof taxes, however faced with fiscal realities there are signs that they may be forced to prioritise..., the second round of cuts to ENFIA, and a 2,000-euro baby bonus may have to wait for 2021. The same goes... to 11 percent, may not be implemented until 2022. In order to fund its tax package, the government
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General govt primary cash surplus at 1.78 bln in June, arrears drop by 3 mln
EconomyMacroeconomypercent of the total). Bonds increased by 10 million compared to May and stood at 57.37 billion, representing 16.1 percent of the total. Repos rose by 1.37 billion euros compared to May and stood... guarantees rose by 131 million compared to May, to 12.21 billion. Bank support continued to remain
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Retail turnover rises by 2.3 pct in June, volume up by 2.3 pct
EconomyMacroeconomydrop of 1.9 percent in May, Hellenic Statistical Authority (ELSTAT) data showed on Friday.... The corresponding volume index also rose by 2.3 percent after a revised drop of 2.2 percent in May... seasonally adjusted (SA) retail sales index in June rose by 2.7 percent compared to May, while
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Mitsotakis buoyed by poll ratings, boost to growth narrative
PoliticsGreek Politics, may be excluded from any tariffs that the US has or will impose on products from the EU. He said that this may extend to aluminium and steel, but that this is still being examined. Ross also... package in May. “This development necessitated an adjustment of expenditure in order to fulfill
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Learning the lessons of Greece's toxic decade
Agora. In May 2010, Parliaments across Europe were asked to approve a package of loans worth 80 billion... and SYRIZA’s May 2012 election campaign focused on the hardships that Greece had to endure, arguing... of Democratic Left (DIMAR) also managed to exceed 6 percent. May 2012 was the worst result in New Democracy’s
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