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Newsletter 266 -18/09/2020
following the playbook for such situations, where Greek governments aim to be quick in announcing... was a reminder of the way in which Mitsotakis’s premiership can be knocked off course by non-political... this represents a welcome departure from the recent tension in the Aegean, the Greek government is not expecting
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ECB reinstates waiver in first step towards improving liquidity conditions for Greek banks
EconomyBankingto reinstate the waiver on Greek government securities, which was lifted on February 4, 2015. The waiver... the successful completion of the first programme review. In addition, the ECB noted the Greek government’s.... This means the Greek government securities held by Greek banks that are currently used only as collateral
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Government tries to shake off OPEKEPE stigma as PASOK struggles to make gains
PoliticsGreek Politicsas a success for the Greek authorities as he attempts to turn the tables on the government’s critics... formally arrested and remanded in custody. Mitsotakis added that the investigation by the Greek police... subsidies destined for Greek farmers was also evident in the statement issued by former rural development
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Greece waits for tangible outcome from EU's symbolic backing over border crisis
PoliticsGreek Politicsreleased prisoners on the condition they make their way to the Greek border, is being shared freely... by giving migrants and refugees free passage to the Greek border. In Greece, the feeling is that Erdogan.... However, domestically, the Greek government has also been pushing the line that Ankara’s actions
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Newsletter 344 - 01/07/2022
electricity demand, amplified by the arrival of the high tourism season and the cooling requirements... the latest forecasts of the European Commission place Greek growth at 3.5 pct. The Finance Ministry has... of an instrument that will control yields and spreads has calmed somewhat the market for Greek bonds
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SYRIZA consumed by new leadership drama as PASOK rubber stamps candidacies
PoliticsGreek Politicsparty is whether it can re-establish a connection with voters and regain its relevance in Greek... rivalries that his arrival created. Should SYRIZA choose a leader who is unable to present a serious... to the fringes of Greek politics, from where the party grew into a force during the Greek debt crisis
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Draft budget sets ambitious growth target of 2.8 pct in 2020, plugs fiscal gaps
EconomyGreece’s Finance Ministry tabled to Parliament the draft budget for next year in which Greek... to close any fiscal gap. The Greek authorities and the institutions will need to bridge their views... by half a percentage, from 2.3 percent in the previous official Greek estimate in the Stability
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IMF examines where programme went wrong, what lessons were learnt
EconomyProgramme, this reflected Greece’s weaker starting condition requiring a larger number of conditions to meet... reforms. The Greek economy was projected to record long-term growth of 1-1.5 percent, while unemployment... of the 16 reviews of the programme approved in March 2012 were completed, as it went off track
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Newsletter 96 - 18/11/2016
, respectively. Piraeus Bank kicked off Greek banks’ Q3 results announcements on Tuesday, reporting net... to be measured US President Barack Obama’s visit to Athens this week ticked all the boxes as far as the Greek... for Greece and a relaxation of austerity would have any greater impact than boosting morale in the Greek
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Tsipras invokes political solution to resolve labour reform stand-off
PoliticsGreek PoliticsThe departure of the institutions from Athens on Friday gives the Greek government a chance... counter-measures the Greek side wants to adopt and labour reforms. Of these three, progress... on this, with the Greek side insisting that collective contracts have to return to the centre stage in the job
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