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PM presents roadmap for relaxing lockdown, highlights political messages from handling of Covid-19
PoliticsGreek Politicsbeen in place in Greece since March, highlighting that after suppressing Covid-19 the country’s next... few weeks and will now become “We stay safe.” Mitsotakis’s speech was followed by announcements.... Also from May 18, Greece’s archaeological sites will open to the public. The prime minister also made
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Economic diversification vital to Greece's post-coronavirus future
AgoraGreece’s handling of the coronavirus pandemic has been admired internationally for both the control... are also starting to recover – both positives for Greece’s supersized fleet. Yet looking deeper... the rest of the world works out what’s next. Furthermore, as long as diversification can
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Greece plans tourism reopening while waiting for EU guidelines
EconomyFeatureswreaked havoc on the bloc’s tourism industry, leaving countries like Greece, which rely heavily... the continent’s crucial summer tourism period. In a non-paper sent to the European Commission.... The paper said that the Greek government’s objective was to work towards restarting travel flows
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Exposure to tourism sector a concern for banks despite effort to save season
EconomyBankingglobal enviroment for travel has implications for Greece’s banking sector. Based on data from Bank... investment. Regarding the exposure of Greece’s four systemic banks to the tourism sector, in its full-year... for the tourism sector totalling 750 million euros. The bank’s loans to the tourism sector are estimated at around
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Haftar defeats prompt Athens to take fresh look at Libya crisis
PoliticsForeign Policyreclaimed from Haftar’s forces. Last week, Haftar also lost the key airbase of Wuitya. Foreign... to avoid at all costs its exclusion from political consultations over Libya’s future after Greece..., Aguilla Saleh Issa, last Thursday. Late last month, the head of Libya’s eastern-based Parliament put
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Athens welcomes volume, form of Commission's pandemic recovery plan
Economypercentage points. In the detailed technical documents the Commission’s economists outlined how..., with the RRF taking the lion’s share at 560 billion euros. Another 55 billion euros will come from..., the potential 200 billion loans from EIB that will be mostly directed to SMEs, and the ESM’s pandemic credit
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Reshuffle back on the cards as PM unveils plans for Greek industry
PoliticsGreek Politicsafter July 1, once the economy has fully reopened after the lockdown and “at a time of the PM’s... for the government’s handling in most areas. Gerapetritis pointed to the ongoing appraisal of ministerial..., government spokesman Stelios Petsas repeated the government’s official position
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Multiple fronts and falling revenues pose pensions challenge for government
EconomyFeaturesThe government is facing a complex landscape in dealing with Greece’s long-standing pensions issue.... Christos Chalaris, the head of Greece’s largest pension fund (EFKA) told the parliament’s Social... Pensions arrears continue to pile up in the meantime, with the Parliament’s Budget Office (PBO) warning
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Development model questioned again amid reaction to luxury resort go-ahead
PoliticsGreek PoliticsThe construction of a large resort complex in Corfu on land ceded as part of Greece’s privatisation... of the resort’s design. He also held up the start of the work on the project as another example... that attracting foreign investment is a priority for his government. The project’s inauguration
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Athens waits for EU recovery fund outcome as new Mati fire claims emerge
PoliticsGreek PoliticsCommission’s original proposals, Greece stood to gain up to 32 billion euros from the RRF. These funds... investigation The absence of a conclusion to the EU summit meant that much of the media’s attention... more than 100 lives. An investigative report published in Sunday’s Kathimerini has revived
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