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Greece prepares more measures to support economy after Eurogroup relaxes fiscal restrictions
EconomyProgrammeto the impact of the coronavirus after receiving the all-clear from the Eurogroup regarding this year’s fiscal target. It was decided during Monday’s video call involving eurozone finance ministers... that Covid-19 is having on the country’s economy means that the post-programme targets are no longer
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PM orders lockdown as opposition focusses on health system's capacity
PoliticsGreek Politicsrose by 128 over the weekend, has heightened fears about whether Greece’s public health system can cope... proposals” and not on identifying the government’s mistakes. Nevertheless, the SYRIZA leader could not resist the attempt to highlight his party’s ideological differences with ruling New Democracy. He
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A sudden turnaround that could lead to sharp shock
AgoraDuring the same week in January that Wuhan went into complete lockdown, Fitch upgraded Greece’s... cycle of events for the country’s sovereign debt. Just six weeks ago, the yield of the 10-year... everyone’s movements to the bare minimum. The Finance Ministry has announced measures to support
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Public support for ND's handling of crisis still strong, SYRIZA looks for weak points
PoliticsGreek Politicsand the possibility of more restrictions on people’s movement being adopted in the coming days... of Prime Minister Kyriakos Mitsotakis’s decisions, although 37 pct would like to see stricter limitations... for the government’s handling of the outbreak mirror those in another survey published last week by Opinion Poll
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Waiting for Eurogroup outcome, ND and SYRIZA focus on economic interventions
PoliticsGreek PoliticsThe Greek government will be watching Tuesday’s Eurogroup with a keen interest as it tries to adapt... on the government’s ever-evolving plans to prop up the Greek economy. Speaking on Skai TV on Sunday... the request on Wednesday, adding that he expects understanding from Greece’s lenders. Reports suggest
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Covid-19 effects spread across number of sectors
EconomyFeaturesshowed that in March, Greece’s manufacturing switched from a trend towards pre-crisis recovery... to the annual Bank of Greece (BoG) governer’s report, “recent developments related to the coronavirus... will reverse a strong year in 2019 for Greece’s property market, which saw the nominal value of apartments
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Coronavirus outbreaks highlight limited progress in disbanding hotspots for migrants
PoliticsGreek Politicsto the rest of the country’s population. The Commission has urged Greece to accept offers of EU... humans and not like animals”. The government’s plan to disperse residents from the island camps... to the government’s attempts to distribute the migrant population across the country and the perceived
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Greece takes stock of measures to mitigate Covid-19 impact after Eurogroup reaches deal on latest batch
EconomyMitsotakis and his colleagues had envisioned. The key elements of Thursday’s decision were: Member states...’s accord leaves the door open for further developments with regards the financial instruments eurozone member states will have at their disposal in the coming months. Today’s positive decision should
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Greece braces for deeper Covid-19 impact on economy, budget and public debt
Economya heavy toll on the economy and the budget, with implications for the country’s public debt. Earlier... to secure funding. An initial assessment at of the decisions taken at last Thursday’s Eurogroup... the issue of T-Bills to finance some of its spending plans. Greece’s debt managers would like to avoid
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PM offers vision of stronger post-pandemic Greece, as ND reaps approval in polls
PoliticsGreek Politicscontinues to report low numbers of infections and deaths from Covid-19. At Monday’s briefing, Health... for Greece’s 155,000 registered long-term unemployed, as well as training and paid community service... of the government’s economic support package, Mitsotakis promised that, “the burden of the crisis
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