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Banks look for way forward as economic shutdown takes its toll
EconomyBankingon GGBs as collateral in its refinancing operations will create space for Greek banks to get access... to the provision of guarantee by the Greek state on senior notes to the value of 1.6 billion in total... of real estate markets. This will create further problems for the efforts of Greek banks’ to reduce
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Athens expects emergency economic measures to contain 2020 contraction to 4.7 in baseline
EconomyThe Greek Finance Ministry published on Sunday night the Stability Programme for 2020... acknowledges that the pandemic will have a significant impact on the Greek economy... it not been for the extensive policy response by the Greek authorities the contraction
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Haftar defeats prompt Athens to take fresh look at Libya crisis
PoliticsForeign Policythe last couple of weeks, Greek diplomats have been seeking to decipher the situation on the ground... what is going on in Libya, whose future has become unpredictable. The Greek side turned to Marshall... of negotiations within the framework of “5+5” agreed by the so-called Berlin Conference. The Greek side
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PMI rises to 49.4 points in June as manufacturing resumes
EconomyMacroeconomyamong Greek manufacturers, the first instance of positive sentiment since February. Although... a recovery was observed in the Greek manufacturing sector. Factories reopening, the return... notably improved among Greek manufacturers. Optimism returned, as firms expect an increase in output
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Newsletter 263 -11/09/2020
Migration issues resurface after fire Blaze on Lesvos leaves Greek govt with tough choices... deported, while Kyriakos Velopoulos of ultra-nationalist Greek Solution suggested that the displaced... or permanently. The EU Commissioner for Home Affairs Ylva Johansson tweeted that she agreed with the Greek
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ND under fire over fast-track legislation, pandemic contracts as SYRIZA sleaze claims surface
PoliticsGreek Politicsagainst the measures, while centre-left KINAL and far-right Greek Solution abstained. The parties... SYRIZA, as recently published evidence from an investigation into alleged corporate fraud at Greek... second term. On Monday, the Greek media quoted internal emails from the company included a file sent
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Greece hopes beaches won't be empty again this summer, but vaccination numbers say otherwise
Agorahealth system. Its uptake is voluntary, as the Greek constitution precludes compulsory vaccination... conclusion. Efforts to ease tourism The Greek government under PM Kyriakos Mitsotakis spearheaded... will be operational in time for the start of the Greek tourist season, which is scheduled for May 14
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Vaccines provide govt with hope of pandemic exit as labour reform battle gathers pace
PoliticsGreek Politics, it now appears that Greek authorities are on track to meet their target for this month. As of Tuesday... of June. One blight on the Greek vaccination programme so far is the low take-up among older..., Tsipras made it clear that Greek should not avoid getting the AZ, or any other, vaccine. His comment
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The case of SYRIZA's fiscal performance
AgoraThis blog is about the Greek general government overall budget balance since 2013 (after the most difficult phase of the Greek crisis). The Ministry of Finance publishes a detailed excel spreadsheet...—close to a balanced overall budget. But in its recent outlook for the Greek economy, the IMF
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PMI remains in growth territory in Nov amid supply disruptions and inflation
EconomyMacroeconomyin the Greek manufacturing sector, broadly in line with the rate of growth seen in October, matching.... Greek manufactureρs remain upbeat about the prospects in the year ahead, largely thanks to hopes for a further uptick in client demand and increased stability in vendor performance. "Greek manufacturers
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