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Flooding, Covid-19 threat in Athens dominate ND's agenda
PoliticsGreek Politicsthis early part of his first term in office much more challenging than he could have imagined... of indoor cinemas, the suspension of concerts and a ban on gatherings of more than nine people indoors
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BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
Economyfor the first six months of 2020 is better than the 9 pct drop observed in the rest of the eurozone... in place, Greek systemic banks are expected to shed more than 30 billion of NPE off their books via
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Heading for talks with Turkey, Athens sets expectations low
PoliticsGreek Politicswith talks, rather than negotiations. Conducting talks means that we are trying to find rules... is better than us having our finger on the trigger for a long time.” But the source added that the aim
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EastMed, defence and energy dominate Pompeo's visit, leaving Athens satisfied
PoliticsForeign Policythan acceptable,” he said. Earlier on Monday, the United States and Greece issued a joint call... defence spending, the first for more than a decade, that was announced by Mitsotakis recently
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Covid-19 poses health and education challenges, damaging ND popularity
PoliticsGreek Politicscarried out more than 2,600 free tests in public squares in Athens, which is the epicentre... in Thessaloniki earlier in the month. Nevertheless, he remains far more popular than SYRIZA leader Alexis
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Household expenditure rises by 2.5 pct in 2019
Societysurveyed spent more than 1,151 euro per month. In real terms, the average monthly expenditure increased... is 5.4 times higher than the share of the median equivalent consumption expenditure of the poorest
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IMF sees GDP shrinking by 9.5 pct in 2020, warns about pace of fiscal consolidation
EconomyProgrammeto collapse by 9.5 pct in 2020, marginally lower than the previous estimate of 10 pct. The rebound over... than the pre-Covid assumptions. The IMF notes that this broadly positive view on the ability
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EU Council sidesteps sanctions, puts focus on constructive Greek-Turkish talks
PoliticsGreek Politicsfor the reunification of Cyprus, rather than looking to punish Turkey through sanctions. Although the leaders’ statement... was perhaps more conciliatory towards Turkey than Athens would have liked. “The EU has a strategic
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Microsoft deal welcomed as Greece vies for more foreign investments
EconomyFeaturesinvestment destination has improved in the last year, although lower than the previous survey (47... and communication technology (ICT) human capital. Greece’s ICT sector is less than half the EU
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Draft budget sees EU funds fuelling recovery of 7.5 pct in 2021, after 8.2 contraction this year
EconomyMacroeconomywill skyrocket by more than 30 pct, exports will also rise impressively by 22.2 pct and imports... by more than 5 pct, leading to a lower unemployment rate of 16.5 pct, while price rises will resume
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