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Opposition challenges government account of prompt wildfire response
PoliticsGreek Politicsthe toll of Tuesday night’s fire on mount Pendeli at a little over 2,000 hectares, while dozens...-congratulatory public relations exercise in the ashes. The party’s press spokesman contrasted photos... criticised the government for prioritising hires in the police over other essential services. SYRIZA’s
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Questions posed about pace of absorption for RRF funds
PoliticsGreek PoliticsAs the dust settled from this week’s forest fire on the outskirts of Athens, SYRIZA turned its attention to the government’s performance in absorbing funds from the European Union’s Covid response package, the Recovery and Resilience Facility. Led by the opposition party’s development spokesman
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ND faces fiscal balancing act and more challenges over spying scandal
PoliticsGreek Politics), but the opposition sense it can impede New Democracy’s momentum by focussing on the spyware scandal... for officials to find a way for next year’s fiscal targets to be met. Moving back to a primary budget... Syntakton. New Democracy’s rating remains at 31, while SYRIZA’s has edged up half a point to 25.5. PASOK
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Balance of payments shows shipping on course for bumper year, but economic benefits unclear
EconomyFeaturesShipping provided the one bright spot in Greece’s trade balance in May, with transportation... is on course for a record year. However, this comes during a period when Greece’s overall current... performed by ship management companies with an office in Greece, accounts for the lion’s share
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Govt puts focus on handouts, migration to take heat off surveillance affair
PoliticsGreek Politics, when Parliament resumes next week. With no new revelations emerging, the PM’s office is hoping...’s favour and that the public will be focussed on other matters. Mitsotakis has his eye firmly... for his public announcements. Kikilias welcomed the increase in arrivals at Greece’s regional
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Reflections on Greece's balance of payments
Agoraof payments.[1] We can also say that Y - C = S: income minus consumption equals “savings” in the economy. Thus, we can now write that S = I + X - M, or: S - I = X - M. The saving-investment balance equals... current account. If Greece saves more than it invests (S-I>0), then there are resources left over
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Re-opening of benchmark bond fetches 200 mln at steep yield of 4.44 pct
EconomyThe moderate movements of Greece’s debt managers to navigate through the sovereign debt turbulence... pct, when the coupon of the initial issue in January was 1.75 pct. Monday’s re-open attracted more than 1 billion euros in offers for 200 million euros auctioned, a coverage ratio of 5.13x. Monday’s
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Privatisation of key northern ports on hold amid strategic rethink
PoliticsGreek Politicsof the privatisation programme drawn up with the country’s creditors. The announcement came as the sale... Mitsotakis said that the government had concluded that at the current juncture the port’s importance... importance since Russia’s invasion of Ukraine prompted European countries to seek alternative sources
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Newsletter 359 - 18/11/2022
Minister Kyriakos Mitsotakis’s chief of staff Akis Skertsos, both considered close aides of the premier... of wiretapping that is not conducted by the intelligence services and the police’s anti-terrorist unit... and allegations emerge, the government’s position becomes more challenging. However, the balance does not yet
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In full campaign mode, PM ventures forth to rally support
PoliticsGreek Politicswas in Patras on Tuesday. He held up his government’s record in terms of responding to the cost... to be the scepticism many Greeks still have about SYRIZA’s ability to govern after its spotty record in power... indicated that a percentage point has been shaved off New Democracy’s lead over SYRIZA as support
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