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Minister pledges swift resolution as public anger over rail crash mounts
PoliticsGreek Politicssustained public anger over the crash, which has found expression in multiple demonstrations in the days... the country. The policing of the demonstrations has already caused controversy, after a heavy-handed... to a coordination meeting with the police. Theodorikakos has come under fire repeatedly during his term
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Moody's keeps Greece three notches from investment grade, improves outlook on back of growth potential
EconomyAs expected, Moody’s kept Greece’s credit rating at ‘Ba3’ on Friday, while it improved the outlook from stable to positive. Moody’s has not taken an upgrade action since November 2020 and has Greece... the country’s sovereign rating one notch behind what the government has described as a “national goal
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Improving mood in Greek-Turkish ties visible in words and deeds
PoliticsForeign Policyadded that “we have an obligation to respond to such a behaviour”. In fact, Greece has already... deeply unhappy with the way his government has responded to the earthquakes in February that killed... who has a role to play with a very limited but very important agenda: stability and security
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Athens offers continued, but limited support to Ukraine, while seeking balance with China
PoliticsForeign Policy. According to press reports, Greece so far has also provided instructors for Ukraine’s special forces and tank operators within its NATO commitments. But the Greek side has excluded the possibility... the newfound cooperative spirit between Greece and Turkey. Greece has refused to send any of its Soviet
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Athens hoping Turkish election result leaves room for relations to continue improving
PoliticsForeign Policystanding against incumbent Recep Tayyip Erdogan, who has been ruling the country for the last two decades... part of its territory. Both sides claim that this has created a significant opportunity... the elections whether it has a real intention to have relations with the West or will turn
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PDMA nears completion of annual debt strategy, taking another cautious step
Economyin 2037 for 150 million euros. The 10-year has a coupon of 4.25 pct and the yield in yesterday’s..., with offers of 1.7 billion euros and 4.31 pct yield. The 15-year has a coupon of 4 pct and yesterday... has issued two new bonds this year: A 10-year for 3.5 billion euros in January and a 5-year for 2.5
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Parties face up to victory and defeat in preparation for fresh elections
PoliticsGreek PoliticsThe campaign season has kicked off anew in Greece, with political parties still digesting... the party lose almost a third of its support at the polls, the SYRIZA leadership has a challenging task..., as well as districts where it has a hope of overtaking SYRIZA.
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Consumer confidence takes off in May as rest of sectors deliver mixed data
EconomyMacroeconomyon Tuesday. Sentiment has been improving in five of the last seven months. However, the index remains below.... Although the indicator has recovered from the previous low of -57.9 of October last year... in the previous month. Services confidence has improved by roughly 17 points on the rolling 12-month. Retail
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Import price index falls for third straight month in Apr as energy prices contract by 35 pct
EconomyMacroeconomywith a 39.1 percent rise. Growth has been slowing down since. That said, due to last April’s peak, this year’s number has a significant base effect. Month-on-month, the index posted a drop of 0.7 percent, after a decline of 2.7 percent in the previous month. The index now has six consecutive monthly
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Mitsotakis enters last week of campaign with confidence, high ratings
PoliticsGreek Politicsparty has little chance of preventing Mitsotakis from returning as PM, Tsipras argued that a big... happen, Tsipras’s leadership of the party could be set to come to an end. He has shown no desire... in the crimes carried out by Golden Dawn’s leadership. There has been speculation that Spartiates might
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