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Athens launches drive to pre-pay part of IMF loan, bringing budget benefits
EconomyProgrammeGreece has launched the formal process to pre-pay part of the loans it has received from the International Monetary Fund after Finance Minister Christos Staikouras officially requested clearance from..., Greece is due to pay 2.1 billion euros per year up to 2021, dropping to 1.9 in 2022 and 1.4 in 2023
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After pay rises in armed forces, PM faces calls for broader wage increases
PoliticsGreek Politicsthat members of Greece’s armed forces would see their pay increase by between 13 pct to 20 pct over... sector pay scale mean that civil servants’ wages have increased by 2.1 billion euros, which
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Mitsotakis unveils major defence package against backdrop of forces pay rise dispute
PoliticsGreek Politics. The announcement comes after a week of upheaval in New Democracy, as ministers called for pay rises... following the PM’s announcement of pay rises for armed forces personnel. Several prominent politicians
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Suspension of Eldorado's mine work deals blow to coalition's investment drive
Economywith Jermyn Street, the preferred bidder for the sale of Astir Vouliagmenis hotal complex... for the 40-year life of the concession. A week later on December 21 binding bids for the sale of a 67 percent
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Athens harbours big hopes for Egypt energy deal, keeps eye on Turkey's role
PoliticsForeign Policyfor Energy so it can be eligible for EU support funds. Egypt has completed interconnections with Libya... of Northern Cyprus. On the other hand, Cairo and Athens share a common line on the issue of Libya..., and the International Law of the Sea,” he said. The two ministers also discussed the issue of Libya
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New Democracy seeks higher ground in escalating TV permits row
PoliticsGreek Politicsleader Kyriakos Mitsotakis followed this up by holding a meeting with President Prokopis Pavlopoulos... with Pavlopoulos that holding general elections “as soon as possible” is the only way for the country... week, disputing each other’s motivations. Prime Minister Alexis Tsipras sprung a surprise
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Banking on voters’ desire for stability, ND insists ruling majority is still achievable
PoliticsGreek Politicsparty is publicly holding firm to its stated ambition of securing an outright parliamentary majority... the Turkey–Libya maritime memorandum “in practice.” The government is also pushing ahead... to be sealed by a simple majority by the next Parliament. With New Democracy holding 156 seats, the path
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Court orders 2012 pension cuts to be reversed, costing up to 1.5 bln
Economydecision retroactively. This means the coalition will have to restore pensions but not pay out the amount... not have any impact on these bonuses. The government is not in a position to pay out this amount (up... with pensioners' unions regarding an acceptable way for retirement pay to be gradually raised
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Seven in 10 Greeks raiding savings to pay bills, two in 10 have no deposits
Societyinto their savings to cover basic costs and pay their growing tax bills. Of course, this has a knock
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Part-time work, low pay characterise crisis-era job market
Societypercent of men). Just 57 percent reported receiving their pay on time and without problems, 33
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