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Tsipras and Kammenos try to fend off rumours of deepening rift
PoliticsGreek Politicsbetween SYRIZA and Independent Greeks (ANEL) over the last few weeks. This has been triggered... speculation about whether the SYRIZA-ANEL partnership has run its course, given that Kammenos said his... and ANEL have also taken different positions following the furore caused by Ivan Savidis’s foray onto
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Kammenos walks out on coalition, triggers confidence vote that will affect timing of elections
PoliticsGreek PoliticsThe leader of junior coalition partner Independent Greeks (ANEL), Panos Kammenos, announced... and wants all ANEL’s ministers to do the same. As a consequence, Tsipras said that he would call... three of the seven members of ANEL’s parliamentary group are certain to vote against the government
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Clearer picture ahead of confidence vote but Tsipras not secure yet
PoliticsGreek PoliticsElena Kountoura, an MP with departing coalition partner Independent Greeks (ANEL). Kountoura’s announcement led to ANEL leader and departed defence minister Panos Kammenos ousting her from his party. He took the same action with another ANEL lawmaker, Deputy Agricultural Development Minister Vassilis
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Tsipras seen clinching 151 votes as doubts surface about name deal
PoliticsGreek PoliticsKammenos and his Independent Greeks (ANEL) party from the coalition means that barring any last-minute... on Monday, three ANEL MPs (Elena Kountoura, Vassilis Kokkalis and Thanassis Papachristopoulos) had... of confidence. Kostas Zouraris of ANEL is also expected to support the government. Given that Deputy
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HELEX H1 2016 results show continuing drop in profits
Economy, fuelled by Greece’s rocky economic outlook. Annual results for 2015 showed a fall in net..., a drop of 19.3 percent. The drivers behind the fall in total consolidated revenue were cited as a drop..., European Stability Mechanism (ESM) Managing Director Klaus Regling predicted that he saw a return
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Drop in arrivals and spending impinge on H1 travel receipts
EconomyMacroeconomy. This was a product of a 4 percent decline in expenditure per trip and a 2 percent fall in arrivals... of origin outside the EU saw cumulative declines of 8.3 percent in the case of Russia and 7.4... marginally increased by 0.9 percent to 4.94 million, compared to a fall of 6.1 percent from those
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Since 2010, declared income has plummeted but tax due has risen
EconomyFeaturesincome fell by 51.9 percent to 12.14 billion, entailing a fall in their average income by 25.8 percent... (65.9 percent) in 2010. On the flipside, taxpayers with commercial activity saw their share of total declared income fall from 25.8 percent in 2010 to 16.2 percent in 2015. The other two key categories
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Newsletter 213 -07/01/2019
reaffirms the strong fiscal performance over the last years, which saw the primary balance settle at 4.3... the fact that a high proportion of cured loans that have been restructured fall back into arrears, just... salary dropped by 1.2 percent. 2 PMI falls to 52.4 in June Overall index fall but optimism holds
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BoG highlights how Covid-19 compounds legacy issues and structural challenges
Economya resurgence of the pandemic, the economy is expected to fall sharply by 9.4 pct. In the mild.... Of course, there is also tourism, which is expected to fall sharply. The range of measures... In the run up to the pandemic, banks saw a series of positive developments with NPEs continuing
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Opposition parties cry foul over prosecutor’s findings in spyware probe
PoliticsGreek Politicsis being disputed by government officials, who insist the court’s finding amounts to a final verdict... figures and businessmen has enraged opposition parties who are calling the findings a whitewash... the subjects’ phones. As a result of the findings, Adilini stated that there would be no further
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