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Political confrontation as Novartis case transferred to Parliament
PoliticsGreek Politicsthe firm’s Greek branch has sparked an all-out war between the government and New Democracy..., modern type of patriotism, not one that has to do with “the Panama Papers, offshore, bribery....” Kathimerini reported that Frouzis has not yet been questioned as part of the investigation
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Hydrocarbons add to tension between Turkey, Greece and Cyprus
PoliticsForeign Policyconducting military exercises close to Cyprus's Block 2 and 3 and has blocked the area using a NAVTEX... Economic Zone (EEZ). Since Nicosia started its hydrocarbon research programme, Ankara has always doubted... that Ankara has acted in such a way over this issue but it appears to have adopted a different tone than
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Moody's upgrades rating to 'B3,' amid confidence about political outlook, economic prospects
Economy, of the privately held debt has materially declined, removing any uncertainty about the judgement... programme has exceeded expectations and has been stronger than under its two earlier programmes... of automatic tax increases and spending cuts has been legislated that would be activated if needed
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Kotzias takes next step in effort to reach name deal, settle Balkan issues
PoliticsForeign Policyrebels and the country’s security forces. Kotzias has publicly stated that the Greek side... n a letter sent to both of them last Friday by Nimetz. The veteran mediator has written down.... Nimetz has proposed a name consisting of two words, without any translation, that will remain in Slavic
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New increase in flow of refugees to Greece causes unease
SocietyGreece is facing a potentially explosive situation as the largely unaddressed refugee crisis has..., located in Fylakio, is now operating far beyond its capacity of 240 people. This has led... to tension with local communities whose patience has run out both with the authorities and with those who
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New Democracy proceeds with renewal, puts centrists under pressure
PoliticsGreek PoliticsNew Democracy has taken a step towards the renewal that its leader Kyriakos Mitsotakis has been... boost to party coffers ahead of the next general elections. New Democracy has responded... has advocated since 2016 but to which the government has not responded. In an interview with To Vima
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Growth, not just of the economic variety
Agorathat Greece has seen since Q1 in 2008. This year’s Q1 also marked the fifth consecutive quarter... and what people feel. Naturally, following an economic depression that has lasted around a decade, a consistent and robust recovery over several years is needed before it feels that a corner has been turned
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Despite debt deal likely falling short, IMF to retain a role in Greece
EconomyProgrammeInternational Monetary Fund managing director Christine Lagarde has vowed that her organisation... Greece can expect from the debt restructuring package. “It has already been agreed by the Eurogroup... sustainability in the longer term which has two important parts: first its adherence to the agreed
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Moscovici hints at possibility of shelving 2019 pension cuts, riles opposition
EconomyProgrammeTsakalotos, Moscovici said that although Athens has to abide by its commitments, those pledges...-October. The government has made no secret of its desire to scrap the pension cuts in 2019, especially... by Tsakalotos in the past weeks, has been that the reductions to retirement pay are not a subject
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Athens facing diplomatic developments on several fronts in September
PoliticsForeign Policy, before the ratification process has been completed. Before Greek MPs have their say, FYROM... the alliance under its temporary name, FYROM. Russia The name agreement has been one of the obvious... place as planned. Tsipras has been invited by Russian president Vladimir Putin to travel
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