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Energy crisis puts squeeze on Greek fiscal policy
Agoraweeks into the war, with no obvious off‑ramp and energy markets on edge — the Greek government finds... ideological objections (the government argued that VAT cuts would not work in the Greek context... at play. The Greek budget relies heavily on indirect taxation. The 2026 budget projects indirect tax
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Kasselakis starts to open up as early polls show little impact on public opinion so far
PoliticsGreek Politicsabout the parties’ abilities. Kasselakis spoke to Star TV on Thursday and started off by criticising... on oligopolistic practices in the Greek market. He also suggested that he is in favour of VAT being..., Kasselakis will feel that his arrival will have played a key role in this buoyancy, giving him licence
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Greece as an energy hub: Reality or wishful thinking?
EconomyFeaturesin the exploration of two sites off the shores of Crete has already been received from a consortium of Exxon Mobil... that Exxonmobil plans to invest 5 billion euros in Greek offshore explorations, and Total another 5... the operator of the Ioannina block. If these deals are pulled off, they would represent a major investment
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Alpha Bank reports H1 profits of 267.4 mln on one-off item
EconomyBankingone-off items. Excluding DTA, the bank posted net loss of 146.6 million in H1, which was 8.4 percent... two figures for Greek banks’ potential capital shortfalls: One under the static model and one under... percent. In addition, Alpha has committed to Greek non-core asset disposal of around 500 million euros
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Multi-bill approved, coalition looks for positive news to fend off opposition attacks
PoliticsGreek PoliticsThe Greek government is edging closer to clinching the next disbursement of bailout funds, which... Group. Athens is hoping that the EWG will confirm that the milestones have been checked off and advise... place is to be taken by Russian-Greek businessman Ivan Savvidis, who is also the chairman of PAOK
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Feb sees back-to-back drops in deposits, landing 6 bln off recent high
EconomyMacroeconomyThe net private sector deposit movement in the Greek banking system dropped further in February...-of-living crisis. That said, the sector is roughly 6 billion euros off the recent high in December. The Greek economy entered its decade-long debt crisis with 237.53 billion in deposits at the end
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Government moves to shake off Tempe affair after opposition bids at prosecution fall flat
PoliticsGreek Politicsvotes. A third motion brought by ultranationalist Greek Solution, populist Course for Freedom... his address to kick off what amounts to a protracted campaign for the 2027 elections. The prime... on the Greek media market notes that the handling of the accident probably contributed to the further
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Island unrest puts PM in tough spot
PoliticsGreek Politicsto the attempt to build closed reception centres for migrants and the arrival of the coronavirus... speculation that it could lead to millions being shaved off tourism and shipping revenues, although... the first one in Athens, triggering shortages of face masks and disinfectants in Greek pharmacies
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Worsening EU-Russia ties leave Greek coalition in precarious position
PoliticsForeign PolicyThe European Union’s deteriorating relationship with Russia has placed the Greek government... to place a ban on food imports from the EU left Greek fruit producers facing significant losses... in a war of words over Russia. Prime Minister Antonis Samaras has looked upon Moscow as a potential
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Have inflation "repay" Greek debt and growth reduce indebtedness
Agora’t be a line item titled “cost of Greek credit losses”. Instead, those 800 million would be buried... during these 50 years). The Greek Godfather would say to the official creditors something like... at an interest rate of zero, this debt would be cost-free to Greece during this period and upon maturity
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