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Greece's taxing challenges
Agoraof Greece’s GDP in 2015. The World Economic Forum (WEF), which organises the annual Davos Forum... argue that they are dictated – by Greece’s international creditors. One should not forget... of Greece’s skewed tax policies during the past six years. Repeatedly increasing and expanding tax
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Greek Pharmaceuticals: The little pill with big potential
EconomyFeaturesin addition to an overall workforce of 50,000. Exports cover some 20 percent of the industry’s turnover... that is continuously consuming more medical products due to the population’s aging. According to data from ELSTAT.... In 2012, the birth rate fell below 100,000 a year for the first time since ELSTAT’s records began
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Countdown to start of second review begins, focus on more reforms
EconomyProgrammeFollowing the political decision taken at Monday’s Eurogroup regarding the completion of the first... of the Greek government’s stance in its discussions with the institutions. Another issue also highlighted... with the outcome of the discussions on debt relief measures and the IMF’s debt sustainability analysis
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Greek government faces hard labour dilemma
PoliticsGreek PoliticsIn the 14 months since signing Greece’s third bailout, Prime Minister Alexis Tsipras has stuck... to stomach: Removing job protection rights from Greece’s beleaguered labour market. Creditors began... in centre-left politics. The country’s largest trade union, the General Confederation of Greek Workers
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Erdogan comments draw new, but cautious, response from Athens
PoliticsForeign PolicyAthens has been forced to respond to remarks by Turkey’s President Recep Tayyip Erdogan suggesting... and irredentism. The same sources said the Greek side views Erdogan’s comments within the wider context...” as is stipulated in international law and treaties. Erdogan’s comments provoked strong reactions from
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Making the extraordinary ordinary
Agorawas done so selflessly. “It’s satisfying when you do a good deed for people who have suffered so much... in his daily log. “It’s a nightmare,” he says. “This agony … everywhere we went we found people..., French children’s entertainers, British women washing refugees’ clothes, German activists cooking
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Current account surplus narrows to 1.82 bln in August
EconomyMacroeconomyGreece’s current account (C/A) surplus fell by 379 million, or 17.2 percent, to reach 1.82 billion... government sub account. Following August’s performance, the aggregate figures for the first eight months... of 90 million from the sale of Piraeus Bank’s stake in ATE Insurance to ERGO International
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TV licencing becomes key political battleground after court verdict
PoliticsGreek Politicsopposition critic of the government’s approach to the licencing process. The government asked... that Greece’s highest administrative court deemed unconstitutional. The country’s constitution stipulates.... It is clear the government feels it needs to weather the storm triggered by the Council of State’s
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Alpha and NBG complete sales of hotels
EconomyBanking. The consideration of the transaction stands at 142 million euros and includes refinancing of the Hilton’s... of 298.8 million. The transfer of NBG’s shareholding to Apollo was completed via the Athens Stock... Assistance (ELA) funding. Based on the latest official data for August, NBG’s ELA funding stood at 5
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Athens digests Trump victory, sees economic complications
PoliticsForeign Policy. The coalition had pointed to Obama’s visit on November 15 as a sign of the international backing.... Houliarakis stressed that Trump’s policy pledges have been vague and the uncertainty caused by his... the surprise and concern about Trump’s victory in Athens, particularly because of the negative impact
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