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Grand projects and even loftier ambitions drive Greece's energy project bonanza
EconomyFeatures, it will open up the 3,500-kilometer Southern Gas Corridor which is seen as the most immediate... available through the Kulata-Sidirokastro interconnector. It is envisaged that the IGB will link up.... If developed, it would offer storage capacity of up to 1 bcm. Energean estimates the cost
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Eurosystem funding rises by 786 mln in December, banknotes in circulation rise
EconomyMacroeconomywas the second time in 2017 since February that the figure has gone up rather than down. February’s increase... up around 64.2 percent of the total liquidity. In December, the collateral pledged with the BoG rose... to the previous month. The BoG figures also revealed that banknotes in circulation went up by 312 million
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Kammenos dismisses talk of coalition rift but maintains Macedonia name objections
PoliticsGreek Politicsthe four-year term is up,” said Kammenos after speaking with his MPs, who seem to share his position... on Athens and Skopje to come up with a solution before the NATO Summit in July, which is also shortly... that the contradictory nature of Kammenos’s comments have been one of the factors behind SYRIZA officials talking up
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Coalition turns focus to bribery claims, eyes damage to opposition
PoliticsGreek Politicsministers and eight ex-ministers (New Democracy and PASOK) have cropped up in an investigation... action against his accusers. This has not stopped the government talking up the importance... Pikrammenos has also cropped up in the list of alleged suspects. It should be noted that Pikrammenos
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Newsletter 150 -26/01/2018
up in the list of alleged suspects despite the fact that he only served in office between the May.... Parliament now has to decide whether to set up a preliminary inquiry, whose task it will be to decide whether... billion euros in the in the full year of 2017, up by 1.07 billion compared to the same time last year
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Tsipras confirms Parliament will probe contentious Novartis bribery claims
PoliticsGreek Politicsto Parliament once the names of politicians cropped up in the probe. All those implicated have denied... will not do what the Samaras-Venizelos government did, when it gave up its right to seek compensation... up a preliminary judicial investigation in Parliament means that the claim and counter-claim
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Fitch upgrades Greek rating to 'B,' sees hybrid MoU exit and 2.1 pct growth this year
Economyup to 2020 that have been legislated upfront, the ratings agency argued. The completion of the third... to resume building up new arrears to the private sector, it adds. Fitch expects the fourth review... export driven as private consumption will decline. Pent-up investment demand, increased employment
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Travel balance down by 76.3 pct in Dec, annual arrivals beat expectations
EconomyMacroeconomyfrom the US went up by 11.1 percent, while a 1.1 percent fall in visitors from Russia was noted... German visitors increased by 31.5 percent. Revenues from French visitors were up by 17.3 percent... rose by 5.3 percent in December, pushing the aggregate figure up by 8.6 percent to 18.3 million
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Parliamentary inquiry to handle bribery claims as parties build differing narratives
PoliticsGreek PoliticsA debate lasting more than 20 hours ended early on Thursday with Parliament voting to set up... treatment. The committee will be made up of 21 members (10 from SYRIZA and one from junior coalition... with the decision to set up 10 ballot boxes (one for each accused) rather than one. Tsipras also gave a fairly
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Greek health care spending in the spotlight
EconomyFeatures) in 2009, an increase of over 53 percent. Spending on pharmaceuticals per person shot up... to 8.9 percent of GDP, while spending on drugs went up by just 29 percent over the same time frame... degraded unless there is a radical shake-up of health care priorities. While the political mood seems
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