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Athens takes steps to mend fences with Balkan neighbours
PoliticsForeign PolicyGreece is trying to find ways to restore relations with Balkan its neighbours following the recent friction caused by the refugee crisis. Athens seems to have realised that it missed an opportunity last summer, when the crisis was still unfolding and af...
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Mitsotakis takes first step in remoulding New Democracy
PoliticsGreek PoliticsKyriakos Mitsotakis took the first step towards shaping New Democracy according to his vision over the weekend, when the conservative party’s congress resulted in significant gains for the recently-elected leader. Mitsotakis sought to set a new tone at ...
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Athens takes Turkish foreign policy pivot in its stride, sticks to Egypt, Israel goal
PoliticsForeign PolicyAthens was not caught by surprise when the news broke on June 27 that Turkey decided to make a dramatic change in its foreign policy. On that day, Turkey's Prime Minister Binali Yildirim announced a deal with Israel, normalising relations after the majo...
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Government steps in as NBG row takes new twist
EconomyBankingJust one day after the election of the new chairman at the National Bank of Greece (NBG), which was seen as providing respite in the recent dispute between the NBG top management and the bank’s major shareholder, the Hellenic Financial Stability Fund (H...
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ESM takes stock of Greece's sovereign vulnerability
EconomyProgrammeThe European Stability Mechanism (ESM) published a report last week that assessed sovereign vulnerabilities in the five eurozone countries that had received bailout loans. The purpose of the report was to build a comprehensive scorecard for assessing vu...
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Thessaloniki Port Authority contract signed, Hellenikon takes another step
EconomyProgrammeThe contract for the sale of a 67-percent stake in the Thessaloniki Port Aurthority (OLTH) was signed on Thursday between Greece’s privatisation agency and the German-led consortium which submitted the winning tender earlier this year. The consortium co...
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Property ownership waning in Greece as renting takes over
SocietyA survey by the National Property Owners Federation (POMIDA) has revealed that home ownership is on the decline in Greece. The research, carried out by Kapa Research for the national body, was presented at its 35th annual congress and captured the findi...
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Athens takes cautious approach to Turkish words and actions
PoliticsGreek PoliticsThere appeared to be a slight de-escalation between Greece and Turkey on Wednesday following an extremely tense few hours a day earlier. The ramming of a Greek coast guard boat by a Turkish vessel off the coast of the Imia islets in the Aegean on Monday...
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Kotzias takes next step in effort to reach name deal, settle Balkan issues
PoliticsForeign PolicyGreek Foreign Minister Nikos Kotzias is due to visit Ohrid in the Former Yugoslav Republic of Macedonia (FYROM) this week for a new meeting with his counterpart Nikola Dimitrov, just a few days after their talks with UN mediator Matthew Nimetz in Vienna...
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Symbolism takes leading role in political developments
PoliticsGreek PoliticsGreek politics has been dominated by symbolism over the last few days, particularly as Greek-Turkish relations have become more strained. The pressure on the coalition has been ramped up by a series of events including the death last week of pilot Giorg...
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