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Staikouras strikes note of caution on fiscal space and tax cuts
EconomyProgrammemarquee privatisations to proceed, such as the development of old Athens airport at Hellinikon... surplus target will be met. Despite the latest estimates by the European Commission and Bank of Greece... clarity and accelerate growth. Bonds and banks The new finance minister estimates that his
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Greece’s M&A market stagnates during recession
EconomyFeaturesto the programme targets and an accelerated implementation of the reforms and privatisations agreed... deals cited by PWC, and that the estimated transaction value improving by 33 percent in dollar... stood at 10, half the number for the same time in 2015. The estimated transaction size
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PBO sees fiscal target being reached despite expansionary measures
EconomyProgramme. The report added that delays in privatisations, structural reforms and reducing state arrears will also... the committed fiscal target at risk. The General Accounting Office had estimated the total cost... is estimated at 80 million. The Finance Ministry expects close to 300 million to come in the state
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Newsletter 208 -31/05/2019
that delays in privatisations, structural reforms and reducing state arrears will also be highlighted. Even.... The General Accounting Office had estimated the total cost of the expansionary measures at 0.55 percent..., while the upward adjustment of widows’ pensions is estimated at 80 million. The Finance Ministry
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HRADF declares international consortium highest bidder for 67 pct stake in Thessaloniki Port
Economythe second port privatisation in Greece after the acquisition of Piraeus Port Authority (OLP) by COSCO... risen by 6.2 percent over the same period, largely reflecting the company’s privatisation prospects. HRADF also said that the total value of the agreement for OLTH privatisation amounts to 1.1 billion
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Territorial waters, hydrocarbon research cause friction between Athens and Ankara
PoliticsForeign Policyto try to convince them that Greece is set to snatch 40,000 square kilometres from Libya's continental shelf. Akar also claimed that Turkey and Libya almost have neighbouring sea borders (EEZ or continental shelf). The signs are that Turkey is seeking a more active role in Libya. Akar's statements
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Turkey's move in Mediterranean puts Mitsotakis under pressure domestically
PoliticsGreek Politicswith Libya last week to delineate maritime borders in the Mediterranean. Athens has labelled the deal “illegal,” arguing that Libya’s prime minister does not have the legal authority to sign such agreements... and creation of EEZs. Greece has also threatened to expel Libya’s ambassador in Athens. Mitsotakis has had
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Athens ups diplomatic effort as Turkey plans hydrocarbon research in Greek continental shelf
PoliticsForeign Policyon the memorandum signed with the UN-recognised government in Libya’s Tripoli (GNA). Athens has also asked from... that Ankara has demarcated from its shores to the point where its sea borders meet Libya, based... Ankara for the sake of either the EU-Turkey deal on migration, or developments related to Libya
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Athens poised to take next steps on maritime borders
PoliticsForeign Policydeposits by US ExxonMobil southwest of Crete provoked the reaction of Libya’s GNA government... and the Exclusive Economic Zone when there is a relevant agreement with Libya. The same diplomatic.... The same sources believe that this move could lead Greece and Libya to refer their dispute to the ICJ
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Athens pleased about new EU-Egypt deal, seeks closer ties with Cairo
PoliticsForeign Policywith flows to the Italian and Greek (from Libya to Crete) coasts. Europe is offering a "strategic... urgently needs Egypt to control migration flows from its borders with Libya and, secondly, to improve its... not control the border with Libya, from where Sudanese refugees and Egyptian migrants cross
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