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DBRS moves Greece a notch closer to investment grade as Moody's holds off
Economyto the fiscal consolidation. The agency notes that the fiscal overperformance last year has led... the investment grade, which this administration has set as a national target. This is one..., that were built up. Despite the escape clause still being in place this year, Greece has committed
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PM set to prolong coal use, sparking complaints about energy policy U-turn
PoliticsGreek PoliticsA decision to prolong the use life of several coal-burning power stations has put Prime Minister... time the New Democracy government has openly acknowledged that it may not be able to deliver on its... to disguise windfall profits. The opposition party has been claiming that energy companies have made 1.5 bln
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Expulsion of diplomats moves Greece further away from Russia, focus turns to energy
PoliticsForeign Policy. Since the bombardment of Mariupol, Athens has been considering expelling Russian diplomats but delayed... side has been explaining to the Russians that this has not been their purpose and that certainly
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Podcast - Rising sun: How will PASOK's revival affect Greek politics?
Agorapolitical brand. Recently, though, the party has been making something of a comeback. It elected a new leader, MEP Nikos Androulakis, at the end of last year and has seen its poll ratings increase... to find out more about how revitalised the party is and what plans it has. Nick Malkoutzis speaks
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Newsletter 338 - 20/05/2022
airports in Greece, reported last week that April traffic has nearly returned to pre-pandemic levels... of that in 2015 as PASOK became a toxic political brand. Recently, though, the party has been making something... is and what plans it has. Nick Malkoutzis speaks to political scientist Elias Dinas, currently
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Enhanced surveillance concludes, but more reforms and tougher fiscal targets lie ahead
EconomyProgrammeGreece has been operating under since the summer of 2018, was released yesterday, signaling the end of another chapter in the Greek crisis. The European Commission, which has been overseeing the process... concludes that Greece has taken the required steps to achieve the bulk of the commitments to its
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Economic sentiment improves to 108 in May, consumer confidence also recovers by 4 pts
EconomyMacroeconomysentiment has been on the mend for a while, having recovered from the decline during the pandemic... following the pandemic, has hit some turbulence. The index rose by 4 points to -51.3 points... in May, from 104.7 points in April, recording a notable recovery. The EEI has dropped by 4.6 points
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OECD lowers 2022 growth forecast to 2.8 pct as challenges mount
EconomyMacroeconomysustainability. The OECD notes the limited direct impact that the Ukraine conflict has on the Greek economy... were only 1.1 pct of Greek travel receipts last year. The global environment, which has been... yields, although the ECB has pledged continued support in the event of market fragmentation. The path
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Parties trade accusations over alleged interference in institutions
PoliticsGreek Politics. There has been further friction in the relationship between the government and the president of Competition... institutions. The timing of the announcements has raised questions about their potential impact on the next... came to power in 2019, although trust has declined amongst all political persuasions in the past
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Turkey and Western Balkans top Greek agenda at European Council
PoliticsForeign PolicyThe government in Athens has launched a series of diplomatic contacts as part of its strategy..., Mario Draghi in Rome, on Wednesday. Athens believes that most EU capitals realise that Turkey has... Minister Mario Draghi, who is planning to visit Turkey in early July, has called Recep Tayyip Erdogan
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