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Newsletter 213 -07/01/2019
that much of the focus over the last few days has been on what Mitsotakis plans to do if he becomes... where there has been significant progress but it also highlights several risks and makes proposals... are of the utmost importance - public investment, which has been drastically curtailed in recent years
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Mitsotakis pleads for strong mandate as polls suggest ND heading for landslide win
PoliticsGreek Politicshas been drawing support from ultranationalist Greek Solution since the European Parliament elections... also appealed to traditional right-wing voters by returning to the law and order issue that has... magazine. The opposition leader has repeatedly vowed to clamp down on this kind of activity, accusing
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National Bank first to test market waters in post-election afterglow
Economyaftermath of the event. The index has recovered some of those losses and is still up 16 percent since May’s... and when it intends to tap bond markets. While the government has clearly acknowledged the central... to lend, coverage of the issue has been subdued in the government’s first days as tax cuts and the dire
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New Parliament sworn in as Mitsotakis picks top civil servants, maintains status quo with church
PoliticsGreek PoliticsDemocracy has traditionally enjoyed a close relationship with the church and resisted the previous..., who many believed destined to lead To Potami, said that he has stepped down from the centrist.... The lack of female appointments has again been noted in some of the local media as there were just
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Continuity and priorities
Agoraand to attract foreign investment something which has been a key aim for some time but with no real results... is not yet clear. Having served at the Ministry of Defence (2014-2015), Dendias certainly has a feeling... government has so far been cautious when responding to Turkey's rhetoric and activities especially
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Mitsotakis promises 'new normality,' lines up tax cuts straight away
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis has set out his government’s priorities for the next four years... economic crisis behind and grab the opportunity it has to grow and improve. Mitsotakis spoke... Thessaloniki Expo would be redeveloped so it has a year-round urban as well as business use. Mitsotakis
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Athens hopes lower bond yields strengthen case for reducing fiscal targets
EconomyProgrammeover the weekend that the issue has already been raised with the country’s official lenders... of the target below 3.5 percent of GDP. Greece has committed to this fiscal goal up to 2023... relief measures by the eurozone, Greece currently has highly concessional terms. Interest payments
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Government looks to boost business-friendly credentials with visits, progress on investments
PoliticsGreek Politics, the trip is being pitched as part of a charm offensive to convince European leaders that Greece has.... Mitsotakis sees it has his mission to convince key European partners of his government’s determination... and Investment minister Adonis Georgiadis. While the legislation is being drafted, the cabinet has been
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Athens launches drive to pre-pay part of IMF loan, bringing budget benefits
EconomyProgrammeGreece has launched the formal process to pre-pay part of the loans it has received from... the expensive part will be prepaid,” he said. “So Greece would save interest payments and the IMF has... be that this works.” Overall, Greece has a rather benign maturity profile over the coming years with debt
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ND promotes positive narrative abroad, away from inquiry clash at home
PoliticsGreek Politicsto 30 billion euros of NPLs from banks’ balance sheets as soon as possible. The plan has been submitted...) is also being lined up. It appears that the Latsis Group has decided to hold on to the 45.5 percent... months. The government has reduced ENFIA by an average 22 percent this year, leading to the total
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