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Budget primary surplus confirmed at 1.94 bln in 2017 on expenditure fall
EconomyMacroeconomyNovember’s negative balance of 684 million. The full year budget balance for 2017 recorded a deficit... to November’s gross revenues of 4.85 billion, and was the second highest figure for 2017 after September... percent. Indirect taxes beat their target by 25 million euros in 2017, outperforming last year’s figure
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Piraeus Port Authority lays out major development plans
EconomyFeaturesand municipality. The envisioned developments involve a substantial redevelopment of the country’s main port... based on a study carried out for PPA by McKinsley. Tourism terminal COSCO, the port authority’s..., including foreign interest, for the country’s long-neglected main port as well as the equally
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Novartis bribery claims to be examined by parliamentary inquiry
PoliticsGreek Politicsissue in Greek politics at the moment. Following several meetings with members of SYRIZA’s... corruption in the healthcare sector, dating back to 1997. The announcement regarding the coalition’s decision... prosecutors of following the government’s instructions,” said the government official. The spokesman also
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Some loose ends ahead of Eurogroup, questions remain over IMF's role
EconomyProgrammeThe Greek government goes into Monday’s Eurogroup, which will be accompanied by a meeting of the European Stability Mechanism’s (ESM) board of directors, with three prior actions remaining and doubts... and the unfettered execution of electronic auctions. One of the three, the next phase of DESFA’s privatisation
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Cyprus EEZ keeps Greek-Turkish relations on edge
PoliticsForeign Policyabout the situation in Cyprus’s Exclusive Economic Zone (EEZ), where the drillship Saipem 12000 sent... of the sea.” Kotzias’s statement, though, raised questions about why he chose to express himself... opportunity. Government spokesman Dimitris Tzanakopoulos backed up Kotzias’s comments on Friday when he also
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Coalition and opposition gear up for battle over Novartis claims
PoliticsGreek Politicsinquiry. MPs are due to begin debating the government’s proposal for the inquiry to look... for all. The conservatives feel that having multiple ballot boxes serves the government’s goal... of the government’s attempt to exploit the case and inflict damage on its political opponents. The coalition
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Tsipras opts for modest changes to cabinet rather than renewal
PoliticsGreek Politicsis that Dragasakis is up to speed on the content of Greece’s negotiations with the lenders and the details... officials. The decision to broaden Dragasakis’s role is seen as Tsipras opting to play safe and ensuring... the New Democracy-PASOK coalition’s proposal for president of the republic in December 2014, triggering
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New centre-left party keeps political options open at inaugural congress
PoliticsGreek Politicsto be taken care of, such as the election of a central committee and the unveiling of the new party’s... to both for Greece’s economic derailment and its difficulties in exiting the crisis, but also... in shaping the grouping’s direction, it was clear from the speeches given by other key players
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Tsipras and Kammenos set aside speculation and focus on coalition's key goals
PoliticsGreek Politics’s office to insist, as he has done before, that SYRIZA and Independent Greeks (ANEL) will remain... in the way of a solution that involves Greece’s neighbour being allowed to use the term “Macedonia.... However, Kammenos’s apparent flexibility could also mean that he feels he needs to adopt a more
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Mitsotakis starts to put New Democracy on election footing
PoliticsGreek Politicsthe government’s handling of relations with Turkey, particularly the case of the two Greek soldiers... of Greece’s neighbour, while 38.5 percent are willing to accept such an outcome. Also 52.5 percent said.... Questioned about how they view the government’s overall handling of the issue, 64.1 percent said
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