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Coalition banks on surplus transfers, waits for Hellenikon verdict
PoliticsGreek Politicsby a double-digit increase in investment. This is one of the reasons that the government has been... The consortium that has won the right to build offices, shopping centres and apartments on the site is paying some 900 million euros for the land and has pledged another 8 billion euros in investment
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Tsipras hopes to move on after decision on ex-airport project
PoliticsGreek PoliticsThe government believes that it has overcome the hold-up on the redevelopment of the former Athens... further legal obstacles may lie ahead, Athens clearly believes that it has got over the largest... that if the Hellenikon issue is settled, along with the problems the government has encountered
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Back from the brink: What next for Greece's property market?
EconomyFeaturesin 2013. The trend has been decelerating since 2016, with the rate of -2.4 percent being the slowest..., properties denominated in euros become less affordable. The result has been that estate agents in some... market. The popularity of high-end tourism destinations such as Santorini and Mykonos has boosted
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Tsipras concludes US trip with focus on geopolitics and investments
PoliticsGreek Politicson Thursday that the deal to upgrade 85-95 of the 160 F-16 jets Greece owns, which has not yet been... to abandon the accession process for Turkey. This is a position that Athens has stressed recently... an opportunity to show the distance he has travelled since then. Questioned about where he stands in political
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IMF adds to calls for no further delays to e-auctions
EconomyProgrammeThe International Monetary Fund has added its voice to those on the lenders’ side calling... their boycott. Meanwhile, Kathimerini newspaper reports that the European Central Bank has asked... with the demands of the third programme. It is believed that an agreement has been reached between
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Hitman's furlough and investment complications pose new problems for Tsipras
PoliticsGreek Politicsa Central Archaeological Council (KAS) ruling. KAS has asked for 30 hectares of the site to be protected... of the biggest investments in Greece, and therefore a flagship project, the prime minister has publicly stated that it will definitely go ahead. Tsipras has stressed to foreign audiences recently
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Eurosystem funding falls by 4.38 bln in October as ELA declines
EconomyMacroeconomyin European Central Bank (ECB) funding by 1.36 billion to 14.59 billion euros. ELA funding has fallen every... review. A fall in ELA funding for the month had been anticipated, as the ECB has been lowering..., Eurosystem funding has declined by 29.27 billion euros. This is mainly as a result of a fall in ELA funding
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Eurosystem funding falls by 4.46 bln in November, banknotes in circulation decline
EconomyMacroeconomybillion euros. ELA funding has fallen every month this year except for February, when a marginal rise..., as the ECB has been lowering the funding ceiling for Greek banks for several months now. The most recent....” Since the start of the year, Eurosystem funding has declined by 33.37 billion euros. This stems largely
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Business balance positive in 2017, small companies continue to dominate
EconomyFeaturesData from the General Commercial Register database (GEMI) has shown that in 2017, the balance..., the earliest date for which GEMI has made electronic registrations accessible. According to the database... additional companies registered in 2017 than delisted. Since 2011, a negative balance has been noted
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Edgy atmosphere ahead of new protest over Macedonia name issue
PoliticsGreek Politicsup of former members of the armed forces and security services has said that it will take on the task... has not been as clear in its condemnation of violence in the past. The conservatives also continued... continue to show support for Sunday’s demonstration even though the party has not officialy backed
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