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Additional public health, economic actions to counter coronavirus impact
PoliticsGreek Politicscentres in the effort to carry out more tests. Assistance Finance Minister Christos Staikouras has... and their employees. The government has already announced it will partly subsidise paid leave for working parents... as a result of the virus outbreak. Staikouras has also promised to speed up the payment of state arrears
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Newsletter 244 -20/03/2020
Democracy has a cash buffer of more than 30 billion euros at its disposal, which it inherited from... on Reddit. Its accuracy has not been confirmed. It should also be pointed out that although the restrictive..., as well as the rate of increase, seems to be relatively low for now, there has also not been extensive
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E-commerce businesses report drop in sales due to Covid-19
EconomyFeaturesThe impact of the coronavirus, which has led to the shuttering of most retail stores, has also...) has released a study showing that online orders for businesses apart from supermarkets... month-on-month and came to -4.8 in February. Compared to February 2019, consumer confidence has shown
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Athens mulls next move after Ankara writes to UN over maritime boundaries
PoliticsForeign Policyregarding its neighbour’s intentions and the next steps Athens should take. Ankara has been trying..., however, has a map attached that has been presented by Ankara many times over the last couple.... However, this is the first time that Turkey has submitted a map of this kind (with all of its
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Govt augments support for businesses, workers as total outlay on economic boost reaches 6.8 bln
EconomyThe government has announced a fourth wave of measures aimed at supporting struggling businesses..., to the list of businesses that have been forced to close or whose business has been affected... on healthcare that has been pledged comes to a total of 6.8 bln euros, or around 3.5 pct of Greece’s
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Amid Eurogroup stalemate, Athens focusses on extra liquidity available after ECB move
Economyto cover medical costs, but should come with conditions if they are used for economic support. It has... available. The European Investment Bank has also proposed guaranteeing up to 200 billion euros of loans... of this budget has to come with some form of conditions. — Wopke Hoekstra (@WBHoekstra) April 8, 2020
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Officials monitor new Covid-19 outbreak, extend school closures
PoliticsGreek Politicsinto contact with residents of a nearby migrant camp, which has also been placed under lockdown. Sotiris... has so far received considerable international recognition for moving quickly to restrict movement... has been taken yet about whether schools will reopen before the summer. She said that this depends
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Greece heads back to markets with 7-year bond in bid to boost own funds
Economythe pandemic’s appearance, the situation has changed dramatically as the economy has come to standstill..., Greece has an estimated cash reserve that exceeds 35 billion euros. Close to 16 billion euros... debt managers want to sustain this for when the pandemic has passed. The third option, which
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Digital investments could provide long-term GDP boost, study finds
EconomyFeaturesThe National bank of Greece (NBG) has released an analysis examining how Greece could benefit.... The report entitled A Digital Reboot of the Greek Economy showed that Greece has an unexploited pool... Digitalisation Index (BDI) and found that Greece has a BDI gap of 37 points versus the EU average and a gap
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Mitsotakis to set out lockdown relaxation plan as ND scales back economic support
PoliticsGreek Politicsthat has been in place since March, marking the first steps for Greece towards returning to something... can be salvaged partly based on the positive reports about the way Greece has managed to limit..., their politicians seem one step ahead of them. The intensity of Greek politics has increased a notch or two
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