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SYRIZA encounters first obstacles in governing with minority of MPs
PoliticsGreek Politicsshowed that the government no longer has a working majority. This incident was accompanied by a close... and that the method of voting has to be agreed before the ballot begins. PASOK MP Evangelos Venizelos argued... rise to calls from the opposition for snap elections because SYRIZA has lost its mandate. Kammenos
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SYRIZA and ND shadow box over next presidential election
PoliticsGreek PoliticsNew Democracy denied on Thursday that it has any plans to propose former socialist prime minister... has proposed that MPs vote several times, with the question then being put to voters if Parliament... of his candidacy in 2015 and has had a prickly relationship with the Karamanlis faction since taking
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Gains and losses for all sides from vote on constitutional changes
PoliticsGreek Politicsits support for the change to the Article 32 in a second vote, which has to be held next month... (ANEL) from the coalition as well as candidates who will represent SYRIZA in local elections. It has... role at the Foreign Ministry, which has been occupied by Tsipras since the resignation of Nikos
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Economic sentiment at 101.3 in Feb, retail trade improves while consumer confidence dips
EconomyMacroeconomyto February 2018, the ESI has fallen by 2.6 points. After a notable improvement in January, which had been... in February. Year-on-year, consumer confidence has improved by 16.3 points. Regarding other indicators.... Year-on-year, industry confidence has deteriorated by 5.4 points. The services index showed
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EC sets out improvements Athens should make to primary residence proposal
EconomyProgrammeand has been extended over the years. It was due to expire the end of last year and be replaced... to the general trend of NPL reduction, the ratio of residential loans turning red has continued increase since... for applications has been launched. Once the law has been passed, it is expected to take several weeks
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Unemployment rate falls to 18 pct in Dec, lowest since July 2011
EconomyMacroeconomy, the unemployment rate stood at 20.8 percent, following a small revision. Unemployment has been below 19 percent for five consecutive months. This is the lowest the unemployment rate has been since July 2011... that the number of unemployed has fallen by 16,774, or 1.9 percent month-on-month. On an annual basis
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BoG data shows that overseas property investment revenue accelerated in 2018
EconomyFeatures21 permits. Since then according to the latest data, the Golden Visa programme has shown average... has pushed Athens to 14th place out of 31 European cities as a property investment destination..., it is not without controversy. The explosion of short-term rental properties in recent years has
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Economic sentiment stays at 101.3 in March
EconomyMacroeconomy2018. Compared to March 2018, the ESI has increased by 2.1 points. Consumer confidence improved by 1.7 points month-on-month and came to -31.6 in March. Compared to March 2017, consumer confidence has..., industry confidence has improved by 1 point. The services index continued to strengthen and rose
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Tsipras makes new push to dominate Greek centre-left
PoliticsGreek Politicsthe ideological battle lines for the special vehicle that has been created in order to boost... this by focussing on policy areas they think will appeal to such voters, e.g. education, SYRIZA has... the alliance are due to be announced on Tuesday. However, what is going at the moment has a longer-term
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Unemployment rate edged up again in Jan, reaching 18.5 pct
EconomyMacroeconomy. Unemployment has now remained below 19 percent for six consecutive months. After December’s upward revision... showed that the number of unemployed has risen by 3,990, or 0.5 percent month-on-month. On an annual... (pps) year-on-year and came to 23.6 percent. This figure has been in decline since the high of 31.6
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