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Industrial production up again in May with 2.9 pct increase
EconomyMacroeconomyproduction has risen by 0.8 percent compared to a 0.7 percent increase for the same 5-month period last..., the drop in electricity production has reached 3.3 percent and water supply is 1.8 percent lower. Only manufacturing production has expanded, by 3.5 percent, compared to the Jan-May period of last year
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Tsipras faces challenge in turning promise of China trip into reality
PoliticsForeign PolicyThe week in Greek politics has begun with Prime Minister Alexis Tsipras getting back down... be adept at attracting foreign investment, it has shown a gradual realisation of the importance in bringing money from abroad to Greece. This has been emphasised by the completion of several
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Coalition and opposition make proposal and counter-proposal in build-up to electoral law vote
PoliticsGreek Politicshas so far shown a reluctant to accept the idea of granting the vote to Greeks living abroad, which has been a subject of discussion in Greece for many years. Tsipras may be concerned... into smaller departments. This is a reform that New Democracy has also called for. PASOK and Potami
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Electoral law vote brought forward, refugee crisis returns to political agenda
PoliticsForeign Policythe people want is “populism.” The issue of constitutional reform has not yet been debated within... to spend any extra money beyond what has already been budgeted for to cover the cost of housing... to non-governmental organisations (NGOs). The refugee situation has come back into focus as a result
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Added layer of complexity to Greek-Turkish relations in wake of failed coup
PoliticsForeign Policyof the refugee deal signed earlier this year. As a result, the EU has avoided strongly criticising the crackdown that has followed the abortive coup. During telephone calls with his European counterparts... in Greece. According to government sources, Tsipras has received reassurances that, if necessary, the EU
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NBG raises 300 mln from SME loan securitisation in first such Greek transaction since 2007
EconomyBankingbillion euros in July 2015, the bank said it has reduced ELA funding by almost two-thirds... government representation in its Board of Directors has been ceased. Eurobank At the end of last... that following the evaluation of binding offers, it has selected a consortium comprised of Tourism
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Study highlights overregulation and bad law-making in recent years
SocietyIn the last 15 years, Greece has passed 36 tax laws, as well as 108 temporary provisions and 238... of all governments, has three main causes, according to the study. The first relates to the political.... This trend is especially pronounced in periods of political polarisation. The second cause has to do
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Economic sentiment rises to 92.5 pts in Aug, consumer confidence edges down for second straight month
EconomyMacroeconomy2015. During this year, ESI has edged up by 4.9 points. Consumer confidence moved in the opposite... recorded in July, and landed at -70.1. Since the beginning of the year, consumer confidence has... rebounded by 3.1 points to -52.5 in August. However, it has still experienced a decline of 3.4 points
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Greece not seen meeting milestones soon, refugee rise may add to tension
PoliticsForeign Policypercent stake in the electricity grid operator ADMIE to a strategic investor) has been completed... not uphold the EU-Turkey agreement on refugees if Brussels has not secure visa-free travel for Turks.... We expect visa liberalisation for Turkish citizens at the latest in October 2016.” Athens has been
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TV permit auction drags on as coalition tries to draw line under ELSTAT controversy
PoliticsGreek Politics. As the process has dragged on, so the controversy has grown, with current broadcasters having running... to ransom. This poisonous atmosphere will not disappear once the auction has been completed. Many... to a period when SYRIZA was in opposition and that the latest case has been triggered by a Supreme
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