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Price hikes pose fresh challenge for government
PoliticsGreek PoliticsAhead of the Prime Minister’s appearance at the Thessaloniki International Fair (TIF) this weekend – the first major political set piece after the summer – pressure is growing on Kyriakos Mitsotakis to come up with answers to rising prices. For some months, the local media has been trailing
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ND aiming to sway sceptical young voters despite overall poll dominance
PoliticsGreek PoliticsA day before Kyriakos Mitsotakis is due to set out his latest policy ideas at the Thessaloniki International Fair (TIF), reports suggest that the package of measures will also include interventions aimed at young Greeks – a constituency of voters that New Democracy seems to be struggling to connect
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Greece to sign augmented defence deal with US, buy more Rafale jets
PoliticsForeign PolicyIn a significant development for Greek foreign policy, Athens and Washington look set to renew their Mutual Defense Cooperation Agreement (MDCA). Greek diplomats argued that the deal takes on even greater significance due to the current geopolitical conditions, not just in Greece’s neighbourhood
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RRF injection pushes primary balance above target, but regular tax revenues short by 504 mln
EconomyMacroeconomyThe budget primary balance recorded a deficit of 6.39 billion euros in the first eight months of 2021, compared with a deficit of 5.48 billion in the same period last year, the preliminary Finance Ministry (MoF) budget execution data showed on Thursday. The primary balance was above the target set
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Tsipras looks for fresh start as Mitsotakis holds election cards
PoliticsGreek PoliticsAlexis Tsipras unveiled his own package of proposed voter-friendly measures at the Thessaloniki International Fair (TIF) over the weekend, a week after Prime Minister Kyriakos Mitsotakis outlined a set of interventions worth 3.5 billion euros. Tsipras also insisted that his party is ready
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Food delivery boycott prompts SYRIZA to argue against labour deregulation
PoliticsGreek Politicsrelevance to what would otherwise would have been a well-rehearsed set piece. Labour Minister Kostis
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Banks moving at pace on road to recovery
EconomyBankingthe criteria of Minimum Requirement of Eligible Liabilities (MREL) set by the Supervisory Board of the ECB
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Against backdrop of growing energy challenges, PPC capital raise stirs reaction
PoliticsGreek Politicsplants by 2025, rather than 2028, which was the target he set out after coming to power. Earlier
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Budget deficit of 6.38 bln in Aug confirmed; target beaten due to one offs
EconomyMacroeconomyThe budget primary balance was confirmed at a deficit of 6.38 billion euros in the first eight months of 2021, compared with a deficit of 5.48 billion in the same period last year, the final Finance Ministry (MoF) budget execution data showed on Monday. The primary balance exceeded the target set
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ND walks tightrope with 2022 budget, looks for answer to inflation
PoliticsGreek Politicsthat has been set aside for this purpose is increasingly looking like having a limited impact as gas prices
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