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Jan economic sentiment at 99.6 as consumer confidence posts best reading since 2009
EconomyMacroeconomy2018. Compared to January 2018, the ESI has fallen by 2.3 points. Consumer confidence rose by 2.7 points to -28.3. Year-on-year, consumer confidence has improved by 22.7 points. January’s reading..., industry confidence has deteriorated by 5.8 points. The services index fell by 13 points to -1.6
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SYRIZA encounters first obstacles in governing with minority of MPs
PoliticsGreek Politicsshowed that the government no longer has a working majority. This incident was accompanied by a close... and that the method of voting has to be agreed before the ballot begins. PASOK MP Evangelos Venizelos argued... rise to calls from the opposition for snap elections because SYRIZA has lost its mandate. Kammenos
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Expert report highlights systemic failings in aftermath of deadly Mati wildfire
SocietyA report commissioned by the government into the causes of wildfires in Greece has identified.... The report notes that there has been increased incidence of wildfires since the 1980s despite... of the Europe-wide “112” emergency number was legislated in 2014 but has not been implemented, while
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SYRIZA and ND shadow box over next presidential election
PoliticsGreek PoliticsNew Democracy denied on Thursday that it has any plans to propose former socialist prime minister... has proposed that MPs vote several times, with the question then being put to voters if Parliament... of his candidacy in 2015 and has had a prickly relationship with the Karamanlis faction since taking
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Gains and losses for all sides from vote on constitutional changes
PoliticsGreek Politicsits support for the change to the Article 32 in a second vote, which has to be held next month... (ANEL) from the coalition as well as candidates who will represent SYRIZA in local elections. It has... role at the Foreign Ministry, which has been occupied by Tsipras since the resignation of Nikos
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Tsipras advertises launch of rent subsidy scheme in latest voter-friendly initiative
PoliticsGreek Politicsthe minister was granted by Attica Bank. However, the Athens Prosecutors’ Office has reportedly launched... in every five families that rent their homes. The government has budgeted 304 million euros... published by Public Issue on Wednesday suggests that since November, support for SYRIZA has risen
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Economic sentiment at 101.3 in Feb, retail trade improves while consumer confidence dips
EconomyMacroeconomyto February 2018, the ESI has fallen by 2.6 points. After a notable improvement in January, which had been... in February. Year-on-year, consumer confidence has improved by 16.3 points. Regarding other indicators.... Year-on-year, industry confidence has deteriorated by 5.4 points. The services index showed
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EC report notes economic imbalances and outlines remedies
EconomyThe European Commission’s country report on Greece for 2019 has highlighted a number of imbalances... of capital stock on potential growth has been significant. Low potential growth may represent..., the report noted that the current account deficit has improved during the crisis. Though part
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Are Chinese investments starting to hit a wall in Germany?
AgoraFor two successive years, China has been Germany’s most important trading partner. In 2017... it trades with, Germany has the largest trade deficit with China (14,3 billion euro in 2017). Given... Sicherheit in der Informationstechnologie) has stated that it does not (yet) have any specific proof
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EC sets out improvements Athens should make to primary residence proposal
EconomyProgrammeand has been extended over the years. It was due to expire the end of last year and be replaced... to the general trend of NPL reduction, the ratio of residential loans turning red has continued increase since... for applications has been launched. Once the law has been passed, it is expected to take several weeks
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