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Tsipras mixes rhetoric as review conclusion demands political decisions
PoliticsGreek Politicsin the European Central Bank’s QE programme. In his comments on Wednesday, Tsipras suggested that if the review... is hoping to create the extra space that is needed domestically and in terms of the government’s... to the exercise of freedom of establishment in Greece.” Greece’s Council of State, the highest administrative
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Job hirings of 11,132 in Dec; 2016 net hirings at record high since 2001
EconomyMacroeconomyfrom 7,826 a year ago, data from the Labour Ministry’s Ergani information system showed on Friday..., the employment balance for 2016 stood at 136,260, up by 36.7 percent from last year’s figure of 99,700. This year’s aggregate figure is the highest yearly reading since 2001. The breakdown showed
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Government seeks to appease banks over ADMIE privatisation
EconomyMacroeconomyby the government strongly affects PPC’s financial position since it entails the disposal of a very... of ADMIE and the sale of a 24 percent to a strategic investor. On the latter issue, PPC’s general... that the ADMIE privatisation process is in full progress and the banks have been asked to satisfy PPC’s
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PPC general meeting approves unbundling of ADMIE
EconomyMacroeconomyis the major shareholder in PPC, controlling 51.1 percent of its shares. The only item in yesterday’s... to that company, the reduction of PPC’s share capital and a capital return in kind to its shareholders (carve... Tsakalotos on January 11, stressing that the privatisation procedure for ADMIE strongly affects PPC’s
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EU court ruling leaves margin for change to collective redundancy law
Legal2013. Under the company’s restructuring scheme, it decided to shut down the Chalkida plant, which..., was rejected. The minister’s rejection led the company to file for an appeal of annulment... is likely to affect the government’s current negotiations with EU institutions regarding the amendment
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Eurogroup sheds little light on how Greek review will progress
EconomyProgrammeThursday’s Eurogroup yielded little in way of tangible results for the Greek programme, apart from... in Brussels that the IMF’s participation is “not negotiable.” He said that future eurozone bailouts may not require the IMF’s presence but that the Fund would have to continue its role in the Greek
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Stocks down 0.4 pct this week after tumbling in wake of Eurogroup
Economyat Thursday’s Eurogroup pushed shares up by 3.4 percent in the first four sessions. However, those gains... million in the previous week. Corporate news Titan said that FMR’s stake in the company’s share capital... in Trastor without Piraeus’s participation. No major corporate developments are expected next week.
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With review stalled, Athens continues to be coy on concessions
PoliticsGreek PoliticsWith the meeting of the International Monetary Fund’s executive board out of the way, the next crucial waypoint in the Greek review is Thursday’s meeting of the Eurogroup Working Group (EWG). Athens... to create common ground. Juncker’s proposal reportedly involved the review being concluded now
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Waste management remains Greece's biggest environmental challenge, says EU
Society) currently ongoing against the country, very often at an advanced stage,” the Commission’s... instruments to improve the country’s overall waste management performance; protecting, restoring and ensuring the sustainable use of the country’s natural capital, especially under the Natura 2000 network
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Seven years of demanding the impossible in Greece
AgoraIn a recent presentation of his book, Laid Low, which examines the International Monetary Fund’s..., from the IMF’s then head of research Olivier Blanchard, to Poul Thomsen, who headed the Greek mission... and the recession will be deeper and longer than expected, he warned. Blanchard’s scepticism and warnings
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