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Greece not seen meeting milestones soon, refugee rise may add to tension
PoliticsForeign Policypercent stake in the electricity grid operator ADMIE to a strategic investor) has been completed... not uphold the EU-Turkey agreement on refugees if Brussels has not secure visa-free travel for Turks.... We expect visa liberalisation for Turkish citizens at the latest in October 2016.” Athens has been
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Piraeus Bank’s bottom line turns profitable with 20 mln net profits in Q2
EconomyBanking. The related cost has already been booked. Impairment losses dropped 8 percent QoQ to 265 million in Q2.... Since Q3 2015, the bank has reduced its NPLs by 1.6 billion. The bank noted that 51.2 percent..., while has been trimmed by 1 billion since Q3 2015, of which 0.7 billion stems from corporate
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TV permit auction drags on as coalition tries to draw line under ELSTAT controversy
PoliticsGreek Politics. As the process has dragged on, so the controversy has grown, with current broadcasters having running... to ransom. This poisonous atmosphere will not disappear once the auction has been completed. Many... to a period when SYRIZA was in opposition and that the latest case has been triggered by a Supreme
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Talk of refugee returns adds to stretched Greece's anxiety
PoliticsForeign Policyregulations. Germany has not returned refugees to Greece since 2011. Clearly, the prospect of refugees... of the hotspots there is set at just under 7,500. This has led to increasing unrest at the camps... there has been a marked increase in the number of asylum applications (around 4,000 per month in recent
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Greek SMEs continue to have bleak view of their future
Societyin 2016, a study by the country’s small and medium-business association has claimed. In its latest six... suggest the Greek economy has entered a period of stabilisation (a reduction in unemployment... package of recessionary measures … has intensified the abnormal heartbeat of the Greek economy
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Government caught between milestones and corruption claims
PoliticsGreek PoliticsA crucial and action-packed week begins for the government, which has been battered by controversy... Tsipras has expressed the hope that the review will be finished by the end of October. This seems... that has emerged over the last few weeks is the danger that his government is getting sucked
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TV permit tender triggers turmoil in Greek judiciary, questions about gov't role
PoliticsGreek Politicsof judges has been called for October 13 to discuss the latest developments, which appear damaging for the government as they add to the impression that it has unduly influenced the licencing procedure in order to shape the result. That is certainly the main impression that the Greek public has been left
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Athens mulls Erdogan comment on Aegean islands, sees Cyprus talks dragging on
PoliticsForeign PolicyAthens has been mulling over the implications of Turkish President Recep Tayyip Erdogan’s recent... of approach is usually followed by hostile acts. Until now, Turkey's foreign policy has not openly questioned... holds a key role in the efforts to broker a peace deal on Cyprus. His unpredictability has always been
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Despite the drama, Kammenos proves reliable coalition partner for Tsipras
PoliticsGreek Politicsand the structure of classes, feeling this was an attempt to diminish the influence the church has... that this is not the first time Kammenos has injected some drama over his role in the coalition. In March this year... be replaced in due course. Seven months on, Mouzalas is still in his post and Kammenos has not batted
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Countdown to start of second review begins, focus on more reforms
EconomyProgramme, the government also has to implement a number of privatisation-related prior actions. In the context... the key topic since the government has to amend the legal framework for the out-of-court workout... is hoping to include lower fiscal targets beyond 2018 and has linked the tabling of the MTFS
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