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Lenders' reaction to pension pledge leaves Tsipras short of options
PoliticsGreek PoliticsMechanism revealed that it has put on hold the implementation of short-term debt relief measures... process has been put on hold as the institutions are examining whether Tsipras’s pledge to give 617..., would put him on a collision course with the lenders. Approval of the handouts would be seen
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Tussle over arms deal sets tone for polarised politics
PoliticsGreek Politicswas to be paid to the middleman) meant that the opposition parties were not able to put the defence..., it appears that this issue has not been put to bed. On Tuesday morning, New Democracy asked for all those... could put pressure on Kammenos and Tsipras, who gave his full support to his minister on Monday
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Football chairman's actions threaten to blow coalition off course again
PoliticsGreek PoliticsThe government was forced to put to one side on Monday the tension with Turkey and clashes with New... a refereeing decision has put the coalition in a tight spot. Russian-Greek businessman Savvidis reacted... also run into a number of problems. In December, privatisation fund HRADF had to put off the signing
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Left looks to France for inspiration as SYRIZA postpones key decisions
PoliticsGreek Politicsto follow in their bid to challenge New Democracy’s dominance, SYRIZA appears to have put on hold any... for his effort to overhaul the leftists. Observers see Sunday’s decision as an attempt to put off.... Commenting from France, the ex-PM said: “When progressive forces put aside their ego and leave
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Coca Cola-HBC revenues rise by 5 pct in Q3
EconomyCorporatesmillion (+9.1 percent). Sales were particularly strong in Hungary and the Czech Republic... increased by 5.6 percent on a reported basis, rising from 741.7 million to 783 million. Strong growth... 677.3 million). Good weather in southern Europe and a strong tourism season were cited as the main
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PMI eases to 54.2 in May as exports continue to rise
EconomyMacroeconomystrong growth and improvements in the Greek manufacturing sector. Output slowed to a three-month low, but remained strong, with greater domestic and foreign demand driving production. Manufacturing firms indicated a strong expansion in new business in May, Markit said. Export orders continued
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Coalition turns to growth plan for relief from negativity, poor poll numbers
PoliticsGreek Politicsplaying a key role in promoting the plan, which was put together by Economy Minister Dimitris.... The government’s growth strategy will be put to public consultation at these events. The 260-page scheme... poll published in Saturday’s Parapolitika newspaper put New Democracy almost 15 points ahead
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Opposition parties jostle over criminal charges for politicians in connection to Tempe
PoliticsGreek Politicson the railways due to a failure to put in place and maintain adequate safety standards. It makes reference... to smear the government, in a statement put out by party sources which attempts to pick apart the arguments put forward by PASOK. The conservatives say they are studying the evidence submitted
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Accommodation and food services turnover jumps 22.2 pct in Q4 2014
EconomyMacroeconomysince 2011. However, it remains 8.6 percent below the 2010 level. The strong positive trends... to surging international tourist arrivals, up 23 percent to 22 million. However, strong volumes were... percent for the whole year, mainly reflecting the strong negative rates in the August – October period
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BoG report highlights need for programme implementation, political consensus
Economyproperty. The key conditions for strong growth rates, according to the BoG, involve restoration... to a strong carry over effect from this year. The economic activity in 2016 mostly depends... a strong signal of confidence being restored as well as attracting sources of revenue for modernsing
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