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Newsletter 365 - 13/01/2023
of the elections later this year. The latest flare-up was caused by Supreme Court prosecutor Isidoros Dogiakos.... The letter argues that the prosecutor made “a series of serious missteps” in his opinion, backing up... round of recapitalisation after a follow-up stress test conducted by the BoG in cooperation
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Retail index continues to rise in Mar, but food sales volume stagnant
EconomyMacroeconomyThe growth in Greece’s retail sales picked up pace in February, rising by 11.3 percent year-on-year... percent in the previous month. The volume’s monthly movement was up by 1.6 percent. Compared to February 2022, automotive fuel was up 6.7 percent, non-food was up by 11.8 percent and food sales were
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Newsletter 456 - 21/03/2025
in what they believe was a government cover-up over the causes of the fatal accident. It was also... that Triantopoulos’s request was not only constitutional, but also desirable as it speeds up the process and means that a panel of judges made up of six members of the Supreme Administrative Court and seven
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Tempe and Predatorgate court cases bring government scandals back to fore
PoliticsGreek Politicsin the converted university conference venue which had been set up to house the proceedings. The court is set to call 350 witnesses in the presence of up to 200 lawyers, and the Justice Ministry spent... they were made to feel “cooped up like chickens”. The response of government officials has done little
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General gov't primary cash surplus rises to 3.4 bln in Oct but arrears also growing
EconomyMacroeconomyin the 10-month period, with the state budget figure at 2.03 billion, making up more than half of total. Last... on month (MoM) in October, up from the 2.3 percent MoM rise recorded in September. In absolute terms... funds' arrears rose by 141 million MoM to 2.47 billion making up half of total arrears. Hospitals
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Greece submits reform proposals but Eurogroup unlikely to be moved
EconomyProgrammediscussions" regarding a “possible follow-up arrangement”, which would take the form of a “contract... to be hired on a strictly short-term, casual basis (up to 2 months and without any prospect of being... respectively, making up more than one-fourth of the cumulative tax arrears. According to the proposed law
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TV permit auction drags on as coalition tries to draw line under ELSTAT controversy
PoliticsGreek Politicsagainst each other for the right to broadcast to the nation, would be wrapped up within 48 hours... that this aspect of the tender will also be challenged in court. The government wants to hold up the process as a symbol of its attempt to break the cosy relationship that had built up between the political system
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Newsletter 145
Multi-bill to follow end-of-year rush Government rushes to tie up legislative loose ends as year... Megalooikonomou, who previously represented the Union of Centrists. Her vote made up for the one lost... significant of those was one introducing jail sentences of up to 6 months for anyone obstructing
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Tourist numbers increase by 9.7 pct in 2017, cruise visitors decline
EconomyMacroeconomyfell by 5 percent to 101 million. Foreign visitors were up by 7.4 percent year-on-year, which had.... Within this category, receipts from trips for leisure made up 85.8 percent of the total, up slightly... family made up 4.9 percent and generated revenues of 719.3 million, up by 3.3 percent. Greece’s push
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Eurogroup marks end of cycle and squaring of circle for Greece
Agora2017 include: - Abolish the step-up interest rate margin related to the debt buy-back tranche... for the first time the concept of the cash buffer, by committing disbursements to build up cash buffers... realistically expect from these debt relief interventions. Step up interest margin The step-up interest rate
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