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SYRIZA seeks to recover from election shock, ND prepares for power
PoliticsGreek PoliticsSYRIZA has begun the process of trying to heal the wounds from Sunday’s devastating election result... to ensure that it has a clear and prominent future on the Greek political landscape. Its result... the outcome of the European elections accurately. The credit for the party’s forecasting has been given
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Mitsotakis urges voters to give ND clear majority amid KINAL turmoil
PoliticsGreek PoliticsNew Democracy leader Kyriakos Mitsotakis has made it clear that his main aim in the upcoming... alliance between the two parties, however, has been made more difficult by the decision taken by KINAL... his term ends early next year, has also been mentioned. The split between Gennimata and Venizelos
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Mitsotakis, ND officials rebuff suggestion of credit line
PoliticsGreek Politicsthe credit line and as a result the trust in Greece from the international markets has reached high levels..., with the potential of upsetting some voters in what has been a low-key election campaign, shadow... be a big risk for the new government to sign any agreement involving conditionality, even if it never has
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Wages index up by 2.2 pct in Q2 for ninth straight increase
EconomyMacroeconomyin Q1. As of the current quarter, the index has been above the 100-point mark since Q1 of 2017, equal to nine consecutive quarters. It has also stayed above the 105-point mark for four consecutive..., the index has declined by a quarter on the back of the negative impact of the internal devaluation on wages
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Athens sets out debt management strategy for 2020, reopens 10-year bond
Economythe benefits from the record low yields that Greece has been enjoying during the second part of the year..., and falling below 10 billion by the end of 2020. The PDMA has hinted that it would like to lock..., with a yield of 3.9 percent. The bond has rallied since issuance and its latest price yields 1.4 percent
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Athens waits for EU action on Turkey and Greece's Balkan neighbours
PoliticsForeign Policyto Turkey or the freezing of certain EU-funds. Turkey’s offensive in Syria has given rise to serious... sanctions against Ankara. “We regard Turkey as an equal. If Turkey has the illusion of being a powerful [state] addressing a powerless interlocutor, it’s making a big mistake,” Dendias has added. EU leaders
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Hellinikon runs into another stumbling block as casino tender falters
EconomyFeaturescompany, one of the two bidders for the licence, has objections to the process. Allen revealed that he... that at least Lamda confirmed this week that it has completed its share capital increase, raising 650 mln euros. Another 880 mln euros in financing has been secured from Greek banks, while 150 mln
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Pension bill to be unveiled as govt prepared for fifth post-MoU review
PoliticsGreek Politics, and profitability. Some specific issues, such as state-guaranteed loans (the Greek state has backed.... The government has set a goal of 2 percent, but could be content with a 1 percentage point reduction... will have higher growth rates than initially thought. He added that the government has already made
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Mission chiefs pick up fifth review baton as Greece mulls new bond issue
EconomyProgramme. Even though the government has announced that all of PPC’s lignite plants will be shut down by 2023, the European Commission appears insistent that Greece has to adopt measures to address PPC’s... framework, which is due to expire on April 31. There has been speculation in the local media
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Greece faces dilemma over how to address relations with Turkey
PoliticsForeign Policy, a subject Greece has avoided even discussing. However, decisions on these matters are more complex than they seem. An appeal to the Hague should not be considered as a panacea, even though the idea has... last May at the United Nations and this has not stopped Ankara from sending floating drills
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