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Greece on alert over Turkish maritime plans, senses EU backing
PoliticsForeign PolicyAthens is on alert after Turkey announce plans, via a NAVTEX advisory on Tuesday, for a seismic survey south and east of the Greek island of Kastellorizo between July 21 and August 2. However, diplomatic contacts are being made behind the scenes in a bid to defuse the situation. Germany
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Athens hoping for de-escalation in Aegean as it seeks pension backpay solution
PoliticsGreek Politicsthe necessary weight to have an impact on Erdogan’s decisions. The NAVTEX is valid until August 2, which means
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Newsletter 261 -07/08/2020
non-gg (5.89 billion) and gg (3.97 billion) entities. 2 Unemployment rate jumps to 17 pct in May
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Banks step up securitisation drive following pandemic interruption
EconomyBankingon the securitisation of the Phoenix portfolio worth 2 billion euros, with the senior notes in the region of 1
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New data highlights pandemic impact on enterprises as turnover falls sharply
EconomyFeaturesactivities (-2 percent). Regarding the 205,984 enterprises that were under suspension of operation
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Grim picture in labour market obliges govt to provide more job support schemes
EconomyFeaturesof Labour has said that 1.5 billion euros in relief has been granted to almost 2 million workers. Broken
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Economic sentiment at 90.7 in Aug, construction and retail dip
EconomyMacroeconomyworsened by 57.6 points. Retail trade fell by 2 points month-on-month to -20.3 points, and worsened
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PM seeks fine balance as he prepares to unveil latest set of fiscal measures
PoliticsGreek Politicsand pushing to 2021 around 1.5 to 2 billion euros of deferred tax and social security payments
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Retail turnover drops by 6.9 pct in June, volume drops by 7.3 pct
EconomyMacroeconomy. Compared to August 2019, consumer confidence has dropped by 26.8 points. Retail trade fell by 2 points
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Eurobank net results show profit of 176 mln in H1
EconomyBankingto increase by more than 2 billion euros for the full year. “Having built a resilient business model
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