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Officials order wider use of masks as upward trend for Covid-19 cases continues
PoliticsGreek PoliticsThe use of face masks for debates in Parliament became compulsory on Wednesday as Greek authorities try to re-instill a sense of caution in the public after seeing the number of coronavirus cases rise significantly this week. The decision to make MPs an...
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Multi-bill passed, sub-tranche released but debt relief expectations dwindling
EconomyProgrammeby the Greek government. All the attention of Greece and its lenders is shifting towards the debt relief... with the support of all of the coalition’s 154 MPs. This paves the way for the institutions to confirm... for the last few weeks after being satisfied that Athens has met the targets that had been set
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Newsletter 62 - 12/02/2016
and underlining the good cooperation among all parties. However, as Eurogroup President Jeroen Dijsselbloem..., though, was his statement that in order to achieve a medium-term primary surplus target of 3.5 percent of GDP, Greece needs to take measures in the order of some 4–5 percent of GDP (up to 8.8 billion
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Athens wary of implications from Erdogan's cancelled trip to Washington
PoliticsForeign PolicyMinister George Gerapetritis met unexpectedly with his Turkish counterpart Hakan Fidan in London. A tweet... with Hamas. Erdogan met with the Hamas leader very recently, something that would have not pleased... the two sides could be reversed. For this reason, all diplomatic efforts focus on keeping
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Eurozone set to give next govt until Sept to address fiscal issues
EconomyProgrammeand how it will ensure that this year’s fiscal target will be met. Like its eurozone counterparts... Euclid Tsakalotos, who insists that the target will be met. He accused Stournaras of siding... on May 26 would have a fiscal impact of 1.1 to 1.4 percent of GDP, around double the Greek estimate
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Does the EU Commission suffer from optimism bias? (Part 1)
Agoraassistance, unemployment benefits, health, and education—all sensitive to demographic developments... approach almost double (nearly €40 trillion) that of the baseline scenario in the new Book (€23 trillion... double to 1.6 percent a year (dashed line). This is the critical difference in assumptions
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Mitsotakis tends to internal disputes ahead of renewed assault on Tsipras
PoliticsGreek Politicsin order. He subsequently announced plans to move from New Democracy’s plush offices on Syngrou Avenue.... “We are putting our house, New Democracy, in order. And we are thereby sending a message to Greek society that we can put the country in order as well,” he said from the new offices on Pireos Street
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Travel receipts rebound by 7.3 pct in August, partly reflecting higher spending per trip
EconomyMacroeconomyGreece's travel receipts rose by 7.3 percent in August, more than double the previous month’s rate... strong double-digit growth rates in 8-month arrivals from the US (+35.7 percent), the UK (+24.9 percent... and investor interest in tourism, it is feasible that both targets can be met.
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Travel receipts fall by 5.4 pct in Sept for first drop in 2015
EconomyMacroeconomya broadly similar pattern with receipts from the US and the UK recording strong double digit growth... significantly slowed to 5.4 percent from more than 20 in the preceding nine months, while double... tourist arrivals in 2015 will be met. Such a development would correspond to a rise by 2 million
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Budget execution improves significantly in Oct, primary surplus reaches 4.53 bln
EconomyMacroeconomytarget. Revenues Revenues (before tax refunds) grew at double-digit levels by almost 20 percent... that amounted to 953 million euros more than double from last year and incorporate the ENFIA payment, while... target to be met, despite some seasonal taxes such as road tax fees of 1.1 billion due to paid
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