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Government in firefighting mode as opposition seizes on sleaze and shortages
PoliticsGreek Politics, the suggestion that the government was engaging in negotiations over a loan was controversial... an explanation, accusing the government of engaging in shadow diplomacy against the national
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Government bets on big energy headlines while pledging discipline at the pump
PoliticsGreek Politicsa heavy emphasis on increasing the contribution of renewable energy. They carry less weight in practical... and highlights the weakness of his foreign policy stance towards Turkey. Price controls On a more prosaic level... by announcing price controls on fuel and essential groceries. PM Kyriakos Mitsotakis said
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ECB survey shows enduring preference for cash payments in Greece
EconomyFeaturesat least some of their regular income in cash form. Despite the heavy preference which Greeks... to this trait with a special mention of the banking crisis and capital controls enforced in Greece... the imposition of capital controls, retailers have been slow to match up the payment options offered
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Fiscal Council endorses fiscal and macro assumptions but warns of potential obstacles
EconomyMacroeconomythat public investments will stay flat over the period all the heavy lifting in delivering this level... of capital controls is seen as a positive factor towards investment spending growth, the fact... depressing imports as disposable income collapsed and recently due to capital controls, the Council
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From the National Energy and Climate Plan to COP26: What has Greek climate policy learned?
Society-heavy electricity mix (using the proceeds from emissions trading), and return to service coal-fired..., of which it controls 20 pct – a vague promise which stops short of setting mandatory targets..., the extension of cap-and-trade to emissions from buildings, and tighter controls on methane emissions which
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Questions linger following PM's statement on surveillance of political rival
PoliticsGreek Politicsin further revelations which would deal a heavy blow to the government’s credibility, already... controls around the legal surveillance of political persons, and improved internal controls at EYP
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IMF urges substantial debt relief for Greece
EconomyProgrammeunsustainable. The IMF stresses that the closure of Greek banks and the imposition of capital controls are taking a heavy toll on the banking system and the economy. This leads to additional financing
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IOBE think-tank sees recession of up to 2.5 pct this year, milder in 2016
Economywould result in an incremental heavy and multiplied burden not counterbalanced by any real or hypothetical improvement. Capital controls coupled with the lack of confidence would downward adjust all
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EC sees milder Greek recession in 2015, debt ratio to climb to 200 pct in 2016
Economyand the weak credit flow will take a heavy toll on the domestic economic activity in the second half... and the imposition of capital controls in late June. Greek GDP is now expected to contract 1.4 percent
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Stocks plunge 8.8 pct over week in aftermath of UK referendum outcome
Economyof the Athens Stock Exchange opened down 15.4 percent on Friday with heavy pressure throughout the whole... that they would default if capital controls are lifted. Titan and Motor Oil trade ex-dividend
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