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Solid Oct for travel receipts takes 10M figure to new record of 20.94 bln
EconomyMacroeconomyGreece's travel balance recorded a surplus of 1.94 billion euros in October, compared to 3.58 billion euros in September, according to data released by the Bank of Greece (BoG) on Tuesday. October balance was 18.6 percent higher than the 1.64 billion eu...
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PASOK takes aim at ND with barrage of economic initiatives as PM focusses on party unity
PoliticsGreek PoliticsPASOK leader Nikos Androulakis has started the year on the front foot with the first of a series of parliamentary initiatives which he hopes will corner the government on the subject of its handling of the economy. For PM Kyriakos Mitsotakis the biggest...
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Opposition takes aim at justice minister over offshore holdings amendment
PoliticsGreek PoliticsThe government is being accused of trying to water down the restrictions on the holdings of politicians after New Democracy inserted a last-minute amendment to legislation on judicial reform. The latest controversy comes as the government and opposition...
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Opposition takes aim at PM's inner circle over subsidy fraud as scandal halts ND rebound
PoliticsGreek PoliticsOpposition parties are clamouring for a preliminary inquiry into the farming subsidies scandal, confident that fresh evidence will be enough to implicate PM Kyriakos Mitsotakis. The scandal has grabbed the public’s attention, with polling suggesting tha...
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Jump in corporate deposits takes balance to highest since Jan 2011
EconomyMacroeconomyThe Greek banking system’s private sector deposits grew strongly in June, with a net increase of 5.1 billion euros, after a 1.22-billion-euro drop in May, according to the latest Bank of Greece (BoG) figures released on Friday. The annual growth in June...
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Athens takes stance on peace in Ukraine, faces stalemate in relations with Turkey
PoliticsForeign PolicyEU and NATO leaders, along with members of the so‑called “coalition of the willing,” are currently assessing the situation in Ukraine. Recent peace talks have gained momentum, but European leaders remain focused on securing a just and lasting peace for ...
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Tsipras takes stage for launch of book and would-be political manifesto
PoliticsGreek PoliticsAlexis Tsipras stepped onto the stage at the Pallas Theatre in central Athens on Wednesday night ostensibly to present his new book, Ithaki, but the atmosphere, the crowd, and above all the content of his speech transformed the event into a declaration ...
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Newsletter 218 -06/09/2019
. GDP rises by 1.9 pct YoY in Q2 Apartment prices increase by 7.7 percent in Q2 Greece’s seasonally... in the nominal value of apartments in Greece came to 7.7 percent year-on-year (YoY) in the second... came to 64.4 compared to a revised index of 62.2 in Q1 2019. Old apartments, classified as over five
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Newsletter 253 -05/06/2020
. Apartment prices rise by 6.9 pct in Q1 Headline figure marks ninth consecutive quarter of price rises... percent, respectively. The rise in the nominal value of apartments in Greece came to 6.9 percent... increases. The index for Q1 came to 66.9 compared to an index of 65.6 in Q4 2019. Old apartments
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Macedonia name issue: Agreement and disagreement
Agorathat this dual formulation takes into account the sensitivities of the multinational nature... in September 1995. They continued negotiating on finding a 'compound' name with a geographical qualifier...-binding referendum. However, the 37 percent turnout was lower than the 50 percent threshold
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