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New Democracy's 2021 agenda focusses on reforms, social support
PoliticsGreek PoliticsWith the national Covid-19 vaccination plan under way and pressure on hospitals slowly easing, the final cabinet meeting of 2020 turned its focus on the government’s agenda for the coming year. The 2021 policy plan which was published in summary form th...
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Employment balance negative by 25,804 in Jan as pandemic support is wound down
EconomyMacroeconomyGreece’s employment balance stayed negative in January as departures outpaced hires by 25,804, according to data from the Labour Ministry’s Ergani information system. This followed a negative balance of 2,598 more departures than hires in December. The ...
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Greece offers Turkey earthquake support, recalling 1999 thaw in relations
PoliticsForeign PolicyThe deadly earthquake in Turkey led to the immediate activation of the political and diplomatic communication channels between Athens and Ankara at the highest level. This comes after months of Turkish President Recep Tayyip Erdogan being unwilling to t...
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Primary surplus of 3.28 bln confirmed for Apr as timing and taxes support budget
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of close to 3.28 billion euros in April, compared to a surplus of 2.44 billion euros in the same month of 2023, according to the final Finance Ministry (MoF) budget execution data released on Monday....
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Athens wary of North Macedonia PM's intentions, hopes for EU support over name issue
PoliticsForeign PolicyGreece will be monitoring the intentions and rhetoric of North Macedonia’s new Prime Minister Hristijan Mickoski whose government received a vote of confidence from the country’s Parliament late on Sunday. Addressing the House, Mickoski referred several...
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Government touts stricter migration controls in bid to win back right-wing support
PoliticsGreek PoliticsThe New Democracy government is promising a crackdown on illegal migration and a new framework for legal routes into the country as part of an effort to restart the agenda in response to falling ratings and a rise in the popularity of far-right parties....
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Puzzling reaction to army reservists' call for government to resign
PoliticsGreek PoliticsAn unusual announcement by a little known army reservists’ group calling for the government to resign prompted an emergency late night meeting of top ministry and judicial officials on Wednesday. There was surprise that the government gave such attention to the statement, which amounted to a demand
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Samaras proposes free wi-fi as crisis antidote for young Greeks
PoliticsGreek PoliticsPrime Minister Antonis Samaras has come up with a surprising proposal to give hope to young Greeks, including those considering leaving the country because of record unemployment: Free wi-fi throughout Greece. Samaras made the unusual suggestion during a rare primetime TV interview on Monday night
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In bid to polish SYRIZA's image, Tsipras visits Mount Athos monks
PoliticsGreek Politicsis an atheist, meeting monks was indeed unusual. It was the first such visit by a leftist leader since
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Piraeus Bank seals milestone deal with KKR over 1.2 bln of non-core assets
EconomyBankingIn an unusual move by the standards of the Greek banking sector, Piraeus Bank has announced an agreement with leading global investment firm KKR for the transfer and securitisation of 1.2 billion of non-core assets to a new structure managed and controlled by KKR Credit and serviced by Piraeus
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