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Erdogan comments draw new, but cautious, response from Athens
PoliticsForeign PolicyAthens has been forced to respond to remarks by Turkey’s President Recep Tayyip Erdogan suggesting... of the campaign to retake Mosul from the Islamic State, as Turkey has been excluded so far from this military campaign which has the support of Western allies led by the US. These comments were made just
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Programme talks on fiscal issues open wide range of concerns
EconomyProgramme. The Finance Ministry has tried to play down the institutions’ concerns stressing the budget.... However, the Greek side has not accepted this proposal noting that the level of the tax-free threshold has been agreed with the institutions and was legislated last May. Finance Ministry sources also noted
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Unemployment rate edges up to 23.4 pct in August
EconomyMacroeconomyto 1.13 million. Over the last 12 months, the number of employed has grown by 57,700 but has been on a decelerating trend in the last five months. In addition, the number of unemployed has dropped by 59,800... has a similar forecast of 23.3 percent for 2016 and a more optimistic one for 2017, with the jobless
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In 16th successive fall, Eurosystem funding drops by 3.5 bln in Oct
EconomyMacroeconomyto 25.51 billion euros in October, to a new low since December 2012. It has been cut by 14.29.... At the same time, ELA funding narrowed to 46.27 billion euros, while has been reduced by 40.6 billion since June 2015. Almost half of this decrease has been posted over the last five months on the back
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Greece’s downstream oil industry adapts to shifting demands
EconomyFeaturespeaked in 2007, and has been falling ever since. Additional taxes and shrinking disposable incomes... issue for a country which has refined petroleum and its products as its number one export product... crude oil suppliers will certainly disturb the careful balance to which Greece’s refining industry has
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Contrasting views on Cyprus breakdown; Greek role under scrutiny
PoliticsForeign Policydifficulties in efforts to reach a solution. The Greek and Greek-Cypriot sides believe that Turkey has... Cypriot side has hinted that the Greek side played a damaging role by insisting on the withdrawal... as well. and this has been supported by some press reports in the Greek Cypriot papers. This may be why
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Mindful of role, Athens gears up for Cyprus Conference
PoliticsForeign Policy. Meanwhile, there has been no progress or even preparation between the two sides on the island... on the issues of security and guarantees. No preparation has been made so far. Athens has set.... Since then, however, and following talks between Tsipras and Anastasiades, Athens has refrained from
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Papandreou returns as PASOK seeks revival
PoliticsGreek PoliticsAfter enjoying a modest revival in the opinion polls, PASOK has built further momentum by welcoming...-left alliance given that DIMAR has virtually disappeared from the political map and KIDISO ceased... public discussion this weekend in Thessaloniki. It could be that Papandreou’s return to PASOK has
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Greek-Turkish relations set for turbulence after court rejects soldiers' extradition
PoliticsForeign PolicyTurkish military officers who fled Turkey after July’s coup attempt has created great uncertainty about.../multilateral matters of this decision, which we consider has been taken for political motives... has many times in the past accused Greece for giving shelter and even trained PKK militants. Athens
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Gucci and Greece’s lost photo opportunity
EconomyFeaturesa runway event at the Parthenon. The Central Archaeological Council (KAS), which has the final say over... in exchange for a 15-minute catwalk show for 300 guests. It is not the first time that this has... a dozen movie scenes were shot there annually. That number has dropped to a handful a year
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