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Management of RRF funds sparks new political tension
PoliticsGreek PoliticsGreece’s use of the funds available via the RRF has become a contentious political issue after... billion euros in loans distributed via the RRF, only 1.5 billion euros has gone to SMEs. It accused... the government of opaqueness in the way that the funds are being managed. Although the RRF has been a source
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PM rallies supporters to polls as abstention looms large
PoliticsGreek Politicscertain”. At the same time, the portion of respondents who said they “definitely” intend to vote has... hand, has consistently argued that the polls underrepresent the level of support among younger voters... as their biggest concern has jumped to 40 pct from 33 pct last month, followed by the economy with 25 pct
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Lack of savings points to wider economic issues
EconomyMacroeconomychallenges and to raise questions about whether, after half a decade in office, the Greek government has... to put any savings aside. Apart from two years in 2020 and 2021, Greece has had a negative savings... that one of the reasons that savings in Greece appear so low has to do with the size of the informal
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Newsletter 426 - 07/06/2024
indicate that Kasselakis has an annual income of 1.9 million euros and the value of the shares he holds is around 3 million euros. He owes 1.8 million euros in loans. Kasselakis has holdings in three companies. Kasselakis said that his wealth has been built up through his entrepreneurship
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Mitsotakis defends political choices in turbulent meeting with dissatisfied MPs
PoliticsGreek Politicsunderperforming at the polls. Opposition leader Stefanos Kasselakis, meanwhile, has brought forward the meetings... the direction he has signalled in the aftermath of SYRIZA’s underwhelming performance. Government... name has become associated with policies such as the marriage equality legislation. At the end
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Mitsotakis focuses on next steps as Kasselakis becomes embroiled in new internal row
PoliticsGreek Politicsmeeting before the summer break on Tuesday. It has been reported that several bills, related to justice... Facebook post, Mitsotakis identified the health system as one of the areas where the government has... by Health Minister Adonis Georgiadis over this matter has riled doctors, who are reluctant to take
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Bumper results for banks add to frustration over interest rates, fees
EconomyBankingduring Greece’s membership of the euro area. It has only slightly moderated since then, to 5.63 pct... tills with POS, the segment has grown significantly for Greek lenders. In 2023, income from fees and commissions exceeded 1.8 billion euros, while in H1 it has already surpassed 1 billion euros
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Mitsotakis seeks to end squabbling as ND heads to anniversary in pole position
PoliticsGreek PoliticsDemocracy prepares to celebrate its 50th anniversary this Friday. All has not been well within the ranks.... The threat from such events has not disappeared despite the weather cooling. A fire in Corinthia... 50 years since it was founded – five decades during which it has been a dominant force in Greek
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SYRIZA's ongoing drama creates space for winner of PASOK leadership vote
PoliticsGreek Politicswill lead the centre-left party, which has cemented second place in recent opinion polls. In his final TV interview before the decisive ballot, Androulakis told Mega TV on Friday that the leadership vote has underlined PASOK’s strengths as a party, showing that it has many capable figures
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Newsletter 437 - 18/10/2024
the party based on what it has to offer in terms of policies, rather than tacking on other political... party. The government has recently started being more outspoken and direct in its criticism... the vote in June, New Democracy has gradually turned its focus towards the parties to its right
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