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Calls for measures to lessen impact of Thomas Cook collapse in Greece
EconomyFeaturesin Greece, mainly on the country’s islands. According to Greece’s tourism minister, Harry Theoharis... of their hotel stays in light of the collapse would also be covered, he added. The demise of one of the UK’s largest companies and the world’s oldest travel companies impacted an estimated 500,000 holidaymakers
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Second day of review yields progress, work needed on fiscal front
EconomyProgrammeof the labour ministry and the country’s financial sector while attention was also given to other aspects... to a finance ministry official, the discussions on next year’s budget are based on three scenarios... to implement the Prime Minister’s pledges in full while honouring the commitment of a 3.5 percent
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IMF warns of uphill battle for economy as Athens seeks to close 2020 fiscal gap
EconomyProgrammethe new government’s priority on growth an “uphill battle”. More specifically, the country’s per... to pre-crisis levels. The prospects of the Greek economy were further dampened in the IMF’s view... formula and to drop the recently introduced ‘pension bonus’. Aside from Greece’s efforts, the IMF
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Deaths continue to outpace births in latest demographic warning
SocietyThe decline in Greece’s demographic profile shows no signs of slowing down according to data from..., down from a negative balance of -35,948 in 2017. Greece’s demographics have been struggling for some time, and ELSTAT’s latest data set confirms that the trend is persisting. The current data
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ND sees budget as evidence of pledges being kept, SYRIZA highlights flaws
PoliticsGreek Politicsto be seen if Greece’s lenders see this as a credible fiscal alternative given that they have shot down... in a strongly-worded critique of the budget on social media. He accused New Democracy’s “friends..., the amount left over might not even equal 30 percent of the person’s total income. The opposition
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Despite ongoing budget talks, ND eyes more relief measures in coming months
PoliticsGreek PoliticsEven though negotiations between Athens and the institutions regarding next year’s budget... to achieve and exceed the target, it’s clear that the fiscal space will be used” He said... the government’s decision to readjust assessed property values in 7,000 areas next year. The government aims
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Mitsotakis promotes constructive role as talks over electoral process continue
PoliticsGreek Politicsthat he is willing to abandon New Democracy’s goal of accepting postal votes from Greeks living abroad... to return to Greece. SYRIZA looks set to reject the government’s proposal because it insists... law could pass without SYRIZA’s support. As far as New Democracy is concerned, apart from delivering
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Athens buoyed by conclusion of budget talks but IMF lowers growth forecasts
EconomyMacroeconomyMonetary Fund issued an indirect warning that Greece’s growth prospects for the coming years will be weaker than expected. Reports on Wednesday morning suggested that the effort to reduce next year’s... of 1.46 billion, boosting the government’s hopes of having a “social dividend” to hand out at the end
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Greece worst in EU for gender equality as power resides overwhelmingly with men
Society. With a score of 51.2 out of 100 points, Greece ranked last in the EU for gender equality. The country’s..., with the highest score achieved by Sweden at 83.6 points Overall, Greece’s progress between 2005 and 2017...). In the domain of work, Greece’s score was 64.2, showing progress of 1.7 points since 2005
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ND on cusp of brokering deal over diaspora vote as Novartis battle heats up
PoliticsGreek PoliticsAlthough MPs have started to debate the 2020 draft budget, which encapsulates the government’s... for MPs that are on the parties’ state list of candidates, where seats are won according to each party’s... in the judicial probe with the aim of damaging SYRIZA’s political opponents. The former vice president
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