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Erdogan makes forceful start to visit, catches Athens off guard
PoliticsForeign Policyfor Greece.” Athens, however, has always rejected any discussion that raises the possibility of borders... Union and this treaty is for us non-negotiable,” said Pavlopoulos. “It has no flaws, it does... will lose the main leverage point it has had in its dealings with its neighbour and will need to rely
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SYRIZA tweaks auction rules to appease MPs, defends clean exit narrative
PoliticsGreek Politicsin the upcoming multi-bill that the government has to adopt in order to complete dozens of prior actions...’s QE scheme. The government, which has had a prickly relationship with Stournaras since 2015... the exit from the programme has been achieved.
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Multi-bill on way as Athens aims to complete third review by Jan 22
EconomyProgrammeof members to call a strike, rather than a third as is the case now. However, this has not yet been confirmed, and the coalition may choose to submit this measure, which has proved politically... similar auction in December. Once the third review has been settled, focus will also turn
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Athens set to profit from falling borrowing costs as yields drop ahead of review completion
EconomyFeaturesbenchmark yield has dropped below 4 percent and stands at 3.7 percent, while the rest of the yield curve has shifted down. The yield of the 2-year bond stood at 1.56 percent and the 5-year at 3.13 percent... for Greek debt is also reflected on the 3-month and 6-month treasury bills that the Greek government has
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Despite strike law reservations, coalition expects straightforward vote on multi-bill
PoliticsGreek PoliticsMonetary Fund, have demanded but which the current government has managed to block. Speaking... with it. The coalition has highlighted, though, that the measure only affects first-level unions..., where New Democracy has strong support, and Mitsotakis finds himself in a difficult position
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Concerns prompt Athens to dampen optimism as Macedonia name talks begin
PoliticsForeign PolicyERT, he said that that he will offer some proposals to the two representatives but has clarified... diplomat, who has been involved in these negotiations for more than 20 years, said... following former Prime Minister Nikola Gruevksi's resignation, has not changed its rhetoric. In Athens
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Cabinet reshuffle and new bond issue coming up next for Tsipras
PoliticsGreek Politicsthat the third review has been concluded. Zouraris’s departure was overshadowed by the decision... parliamentary group. Her shift across the aisle means that SYRIZA now has 145 MPs and the coalition... has no plan to leave his current political grouping. Bond issues The reshuffle, though, is just one
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Eurosystem funding rises by 786 mln in December, banknotes in circulation rise
EconomyMacroeconomywas the second time in 2017 since February that the figure has gone up rather than down. February’s increase... as confidence in the conclusion of the programme grew. In recent months, ELA funding has been steadily... repos using the same collateral. Eurosystem funding to Greek banks has declined by approximately
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Disposable income grows by 0.8 pct in Q3, up from previous quarter
EconomyMacroeconomycontributions, along with a fall in transfers. Since 2010, disposable income has fallen by 25.7 percent... at 14.27 billion. Employee compensation has fallen by 26.5 percent over the last seven years due to a sharp... to 1.65 billion. Since 2010, property income has plummeted by 46 percent. Household final consumption
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Tsipras and Mitsotakis head in opposite directions over talks with Skopje
PoliticsGreek Politicsviews in the neighbouring country is perhaps the biggest obstacle he has to overcome in making any... on during his speech to New Democracy’s political committee on Wednesday. He claimed that Tsipras has made... to address the fact that his coalition partner has a different view to SYRIZA on the matter. Mitsotakis
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