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Govt counts cost of own energy package as hopes of coordinated EU response fade
PoliticsGreek Politicsinto effect before June. On Monday, Energy Minister Kostas Skrekas put forward proposals to his EU..., but this appears to rule out the payment mechanism via Gazprombank which Greece’s main gas supplier... polling figures. Main opposition SYRIZA has put its weight behind a class action lawsuit against retail
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Under increasing domestic pressure, govt awaits EU signs for response to energy security threat
PoliticsGreek Politicsit was announced that Russian gas supplier Gazprom would cease delivering gas to Poland and Bulgaria... are approaching expiry and replacements have already been put in place. By contrast, DEPA recently signed a new... sanctions has sharpened the government’s focus on the security of national energy supplies
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FDI, rather than tax cuts, holds key to stronger growth rates - study
EconomyFeatures. Raising the retirement age would put more people back in the labour force, but increase unemployment and put pressure on wages and salaries. The report’s main finding was that such fiscal measures would not be enough to raise GDP, reduce debt and put Greece on a sustainable long-term growth path
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You've heard the Greek crisis myths, now here are some truths
Agora, it was decided that a unique package of loans should be put together for Athens. This was deemed.... They put together a mechanism to provide financing to an insolvent Greece based on bilateral loans... of the crisis.” By the time the second programme came into play, the eurozone had put in place
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Authorities ready energy "plan B" for potential supply disruptions as cost of living prompts strike
PoliticsGreek Politicswith the regulator and the energy companies to put together a strategic response for tackling potential energy... is ready to face the prospect of disruptions in the supply of Russian gas after supplier Gazprom demanded... are focussing on securing energy supplies, there is some evidence that prices are already forcing changes
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Newsletter 305 - 16/07/2021
Vaccines turn political PM announces compulsory jabs for some, prompting first major anti-vax protest Amid concerns about an approaching fourth Covid wave hitting Greece this summer, the government announced the start of compulsory vaccinations this wee...
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Parties pick from energy policy menu as EU response opens up more options
PoliticsGreek Politicsdriven by speculation rather than the fundamentals of energy supply, and put forward a series... natural gas supplier DEPA. The prime minister intends to press his proposals at Thursday’s... with a revision of floating rate calculations used by retail energy suppliers and windfall taxes on power
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Govt finds devil is in detail for windfall tax on power companies
PoliticsGreek Politicsbeen deducted. The RAE report estimates that 5-20 pct of each supplier’s contracts could fall... by the government and is asking for the report and its methodology to be put on the parliamentary... integrated electricity companies – those who act both as power generators and retail suppliers – made
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Defence agreement, views on Turkey attract most interest during Pompeo visit
PoliticsForeign Policyof the S400 which is of a particular interest for the US. Upgraded role? The debate that has begun
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Feb budget primary surplus confirmed at 840 mln, as revenues overperform
EconomyMacroeconomyThe budget primary balance for the first two months of 2022 was confirmed to be a surplus of 840 million euros, compared to a deficit of 1.5 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution d...
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