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Recent steady rise in refugee arrivals pose extra challenge for Greece
PoliticsForeign Policythe combined capacity is for just under 7,500 people. The need to address the overcrowding has been... average has increased to more than 80 (80.5), which is a rise of almost 70 percent. Mouzalas has... provide has risen substantially over the last few months to a total of 9,276 but this has still
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Athens sticks by effort to build bridges with FYROM
PoliticsForeign Policywill meet again in October. One reason behind the strategy adopted by Kotzias is that Greece has realised that during the last couple of years it has lost its leading role in the Balkans and this has... approach. Kotzias has tried to explain Greece’s policy on the CBMs to all political parties in FYROM
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How the pension fund that invested heavily in Attica Bank lost half its reserves
Agoraand the Consignments and Loans Fund. Attica has repeatedly stressed since then that its greatest... TSMEDE has lost 93.5 percent of its investment. In absolute terms, the market value of TSMEDE...) and bonds (29.94 million). TSMEDE, though, has recorded huge revaluation losses from its equity
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Athens chided over asylum process but complex set of obstacles in way
PoliticsGreek Politics-Turkey agreement, although Athens has been quick to dismiss any complaints. The Financial Times reported... one Syrian from Turkey for each one returned by Greece. However, the process has stalled on the Greek... if Merkel’s complaint has been prompted by the lack of personnel and resources on the Greek side
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Greek Pharmaceuticals: The little pill with big potential
EconomyFeaturesThe Greek pharmaceutical industry has remained a relatively strong sector despite the crisis..., the Greek pharma industry has grounds for expanding its market share internally and externally.... The Greek pharmaceutical industry has reason to maintain a bullish outlook. With a highly skilled
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September drop of 3.1 bln is 15th straight month of decline in Eurosystem funding
EconomyMacroeconomyto market sources. ELA funding landed at 47.56 billion euros in September. It has been trimmed by 39.21... has been posted since June in the wake of reinstatement of waiver on Greek government securities..., its lowest level since December 2012. It has dropped by more than 12 billion euros since June 2015
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Crisis sees Greeks change eating habits, cut back on eating out
SocietyThe crisis has seen Greeks eating more fruit and vegetables and cutting back on meat, eggs and milk, a study from one of the country’s consumer groups has found. The survey, conducted on behalf... than six out of ten consumers (63 percent) said the economic crisis has affected their food
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Reshuffle expectations doused as coalition braces for TV permits ruling
PoliticsGreek Politics. The government has been bracing itself of for a negative outcome and has played down the possibility... Panos Skourletis on Tuesday. Skourletis has been one of the favourites to lose his job... ruling has settled and the representatives of the institutions have left Athens. ND dispute Tsipras
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Some progress in first round of talks but most second review issues remain unresolved
EconomyProgrammeas funding of the guaranteed minimum income (GMI), where substantial progress has been achieved but which... of the unilateral legal recourse. It has also been reported that the social partners, who had previously signed...) opposed a change in the determination of the minimum wage by the state. Katrougalos has not ruled out
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Ministry changes lined up ahead of reshuffle but no breakthrough on watchdog
PoliticsGreek PoliticsThe ground is being prepared for the cabinet reshuffle Prime Minister Alexis Tsipras has been..." at this moment. The reshuffle is one of the few tools that the premier has left in order to boost... is attempting a step-change in the coalition’s governing capacity. So far, there has been minimal
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