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Reshuffle expected to follow minister's departure in wake of Mati disaster
PoliticsGreek Politicsdeadly wildfire in Mati, for which the death toll has risen to 90. It was confirmed on Friday... that Polakis be removed from his position. The government has struggled to find a coherent way in which... last reshuffle before the next general elections, he has to balance any attempt to freshen up his
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Eighteen core goods led exports during crisis, NBG study notes
EconomyFeatures, with Italy alone receiving 12 percent. Demand for Greek exports in Italy has risen by 57 percent.... In the last eight years, German demand for Greek imports has risen by 15 percent. Meanwhile... of low pricing has allowed these products to gain a firm foothold in the global market and offset
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Athens taking more time to consider 2019 measures ahead of budget talks
EconomyProgrammeto announce at the Thessaloniki Expo on September 8 has suffered a setback. Tsipras was meant to have... these plans and it appears that no such decision has been taken so far. The measures in question... in Athens in September to begin talks regarding next year’s budget. The draft version has
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Soldiers' return from Turkey provides Tsipras with timely boost
PoliticsGreek Politics. In what has become a difficult summer for the prime minister, largely because of the disastrous fire... that has struck Turkey. There have also been suggestions that the soldiers were freed due to the pressure..., coverage of their return has been extensive, providing a rare moment of respite for Tsipras and his
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Tsipras seeks to capitalise on bailout exit, build platform for elections
PoliticsGreek Politicsof the moment, but to set out policies that will help convince voters a corner has been turned... minister speaks at the Thessaloniki Expo on September 8. Nevertheless, it has been reported... pledges will be the scrapping of next year’s pension cuts. However, this has yet to be discussed
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Crisis-era productivity in Greece lowest among OECD countries
EconomyFeaturesreport noted that a concern over recent years has been that many jobs were being created in lower..., Greece lags comparator countries in competitiveness, and has much to do to achieve higher productivity... that Greece’s productivity has been historically low due to a relatively low openness of the economy
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SYRIZA and ND go head-to-head over promises to lighten tax burden
PoliticsGreek Politicsunderlined that he has no intention of allowing any let-up in the pressure on Tsipras ahead of the name deal.... Should the “yes” vote win, the agreement then has to be ratified in the parliaments of both countries, which also promises to be an uncomfortable process for Tsipras as only centrist To Potami has
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PM stands by Macedonia name deal, Kammenos continues to sow confusion
PoliticsGreek Politicsthat the current government has handed over the right to Greece’s neighbours to call themselves... not clear who will support the deal apart from SYRIZA MPs (145/300). Centrist To Potami has indicated backing but there are doubts whether all of its six MPs will vote in favour. Also, there has been
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Tsipras confident on pension cuts, reticent on snap elections
PoliticsGreek PoliticsAmid renewed speculation about snap elections next year, Prime Minister Alexis Tsipras has insisted.... Kammenos suggested that he might turn his back on the coalition if Greek Parliament has to ratify... of the Thessaloniki Expo, indicated that New Democracy still has a comfortable lead over SYRIZA
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Unemployment rate falls to 19 pct in Q2
EconomyMacroeconomythat the rate of unemployment has fallen under 20 percent. Compared to the same period last year, the jobless rate has declined by 2.1 percentage points (pp) from the Q2 2017 figure of 21.1 percent... of decline was noted for those aged over 65, where the rate fell by 1.2 pps. This group also has
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