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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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Underlining stress on Greek society, suicide rate doubled in first years of economic crisis
SocietySince 77-year-old Dimitris Christoulas put a gun to his head a few metres from Greek Parliament... of the Greek crisis. In a suicide note, Christoulas decried the government and its austerity policies. His... of the tension at the heart of Greek society and politics as the crisis deepens.
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Is Regling right to be concerned about Greek liquidity?
Agorathe first quarter. We had touched upon the issue of Greek liquidity requirements in a recent blog post... of the review but also because the Greek government’s liquidity situation will become tighter over the next few... issued in Yen maturing in February. In total, over the first quarter of the year the Greek government
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New frigate arrives to much fanfare as spotlight falls on Dendias, minister's aspirations
PoliticsGreek PoliticsThe Greek Navy’s newest and most powerful vessel arrived in Salamina to much fanfare on Thursday... armed forces with the arrival of the Hellenic Navy’s first FDI-class frigate, Kimon. Prime Minister... and safeguard sovereignty. He linked the frigate’s arrival to the ministry’s 2030 reform agenda, which aims
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An issue of statistical significance in Greece
Agoraat reasonable rates, staving off a financial assistance program. Of course, if the Greek deficit... measures demanded by the troika. Some Greek commentators and politicians have seized upon... magistrate and the Greek justice system will have to decide on the validity of each side’s arguments
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Study outlines economic potential of targeting senior and health tourism
Societyby the Greek market according to research by the Dianeosis thinktank. With life expectancies growing... senior and health tourists. The survey went on to estimate how the Greek economy could gain if it made... to attract senior travellers to the country during low-priced, off-peak seasons such as spring or autumn
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Turkey's Aegean moratorium eases tension as Berlin tries to foster talks
PoliticsForeign Policy-off over the past few days. Ankara’s moratorium on the hydrocarbon exploration is to last for one... is a positive development for us. The Greek government has always said, and continues to say... Dendias said after his meeting with his Spanish counterpart in Athens on Tuesday. The Greek government
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Government faces backlash over emergency energy package
PoliticsGreek Politics. A similar charge came from ultranationalists Greek Solution, who blamed the policies of mainstream parties for allowing a handful of business interests in the energy sector to “rob” the Greek people. Both KKE and Greek Solution targeted “green” policies and renewables companies for inflating electricity
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Lenders set ambitious e-auction targets for Athens
EconomyProgrammehighlighted the importance of property auctions in the efforts to reduce Greek banks’ exposure to bad loans... into calling auctions off and the Athens-Piraeus-Aegean notarial association resorted to suspending..., the Greek authorities committed to (a) develop an action plan for ensuring effective police
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