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Record year for company launches in 2018, small enterprises continue to dominate
EconomyFeatureslaunching in 2018 indicates a return to positive sentiment as Greece’s economy shows signs of recovery after the crisis era. Types of company Sixteen types of company are classified on GEMI’s electronic...), people’s associations, limited liability companies (EPE), European companies (SE), European joint
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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... Kokkalis, who also announced that he will support Tsipras’s administration. A third ANEL deputy... to the party. As a result, by Monday afternoon ANEL’s parliamentary group had been reduced from seven
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Pension outlay still falling, 40.4 pct of main monthly payments below 500 euros
EconomyMacroeconomyyear’s figure of 97.89 euros. Broken down by region, the heaviest pension burden as a percentage... been gradually phasing out the EKAS grant. In September 2018’s bulletin, the number of EKAS claimants... year. Pensions continue to be a delicate topic for Greece’s economy and political debate
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Greeks consider antisemitism a minor issue despite recent attacks
Societywhich was once home to one of Europe’s largest Jewish populations. The original cemetery, which... found that in Greece, the majority of the survey’s respondents felt that antisemitism is not a problem... was an issue in the country’s educational institutions, political arena or media. Most Greeks also felt
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December deposit inflows hit six-year high of 3.15 bln
EconomyMacroeconomyinflows stood at 5.75 billion euros. December’s positive movement came after two months of negative... review and the buildup to Greece’s exit from its adjustment programme in August combined to boost...’s most recent monthly financial statement showed that Eurosystem funding fell by 978 million euros
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Despite some common ground, revision of constitution makes for new battleground
PoliticsGreek Politicseach side’s proposals for the constitutional revision, the two main parties have found common... of the current President’s term in 2020 as a possible obstacle for any future government. There is some concern...’s right to appoint senior judges and for this duty to be handed to a special parliamentary committee
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Tsipras advertises launch of rent subsidy scheme in latest voter-friendly initiative
PoliticsGreek Politicshopes will win votes in this year’s elections. Polakis denied in a live televised interview on Tuesday... on Wednesday highlighting Polakis’s behaviour as an example of the government’s alleged attempts to interfere with the country’s institutions. There was an attempt by Prime Minister Alexis Tsipras
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EC report notes economic imbalances and outlines remedies
EconomyThe European Commission’s country report on Greece for 2019 has highlighted a number of imbalances in the country’s economy and outlined ways in which these can be addressed. The in-depth review... Mechanism programme, several frameworks have been put in place which are expected to ease Greece’s
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Disbursement delayed until April as lenders wait for primary residence law to be settled
EconomyProgrammeAs seemed likely following the European Commission’s second enhanced surveillance report last month, Monday’s Eurogroup did not lead to the activation of the latest round of debt relief measures..., although he did acknowledge that the sale of the Public Power Corporation’s (PPC) two lignite
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Government makes last-minute change to main homes bill in bid to satisfy creditors
EconomyProgrammeforeclosure after the government made a last-minute change on Thursday, aiming to satisfy Greece’s.... The government’s decision to make the change late on Thursday appears to be an effort to win the creditors... Strategy (MTFS), privatisations, the finalisation of the tender for PPC’s lignite units
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