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Newsletter 48 - 23/10/2015
investment of 25 billion has plummeted to just 3.2 billion, following a sharp drop in bank share prices... banks will proceed to similar bond exchange offers in an effort to reduce the amount that has... banks, Eurobank has a major private shareholder, Fairfax, which controls 20.03 percent of its share
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PM intervenes on bank charges as budget attracts extra support
PoliticsGreek Politicsin particular – has managed to wrestle the initiative on this issue by tabling a proposal for taxing... a note of emphasising that this measure came in the wake of calls from some New Democracy MPs, thereby... of the police, coast guard, fired service and armed forces. This is another measure that is likely
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Govt lines up strike legislation to follow brief pause after budget vote
PoliticsGreek Politicshas largely consisted of New Democracy highlighting how it is living up to its election pledges... Democracy has been buoyed by the fact that its tax cuts have not put this year’s fiscal course at risk..., will be trouble-free. The stronger-than-expected fiscal performance this year has also triggered
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Tsipras gets approval for gender bill despite coalition partner's absence
PoliticsGreek Politics. Their political alliance is far from perfect but has proved time and again that it is able... the particular circumstances surrounding the legislation. ANEL has also broken ranks in the past on social... to come to an end. Centre-left A new date has been set for the vote to elect a leader for the centre-left
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PM tries to draw line under Golden Dawn affair, defends handling of second Covid-19 wave
PoliticsGreek Politicsand that the government has taken measures since August to suppress the pandemic. In fact... measures instead. Mitsotakis said that the government has hired 6,000 doctors and nurses to boost... will not be able to make permanent at this stage some of the tax relief measures it has promised. He gave
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PM relies on patchwork of measures to keep Covid at bay as jab uptake flags
PoliticsGreek Politicsin Greece has also been critical of the legislation, claiming that no attempt had been made to persuade... The government, meanwhile, has been attempting to persuade the public and workers in other key sectors..., Tourism Minister Haris Theocharis has been making the case for vaccination to employers and workers
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Array of centre-left leadership candidates edge towards watershed vote
PoliticsGreek Politicsa leadership race before forming a new party or umbrella entity. As a result, much of the attention to date has... 2015 to 6.3 percent in September 2015, running as the Democratic Alliance. While she has the support of a mature party apparatus, her leadership style has been somewhat inscrutable, and she has opted
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Athens holds fire on debt schemes, prepares tax relief measures
EconomyProgrammeof arrears to social security funds. The measure includes a potential write-off of up to 100 percent... of the bill has been held up because the government is still negotiating with the institutions over a similar scheme for unpaid taxes. According to reports, the lenders insist that there has to be a form
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Higher education in Greece needs radical overhaul to create labour-relevant workforce, study says
SocietyThe Foundation for Economic and Industrial Research (IOBE) has released a study examining how the crisis has impacted Greece’s education and labour market. The study, titled “Education and the labour..., and in particular universities, have stubbornly remained focused on training staff for the public administration
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Tsipras returns from US with positive sentiment but absence of tangible results
PoliticsForeign Policyjust start by saying that I think it has a great role in stability in the area. We have a feeling...,” said Trump after their meeting. “I can say that we have a great confidence in Greece. I think it's a land of tremendous potential. I know many people are looking to invest in Greece. A lot
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