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Parties clash over Novartis allegations in sign of things to come
PoliticsGreek Politics, exposing divisions in their ranks. The government’s proposal stood, though, as it has a parliamentary... and that in his few weeks as Greece’s premier, he did not issue any decision or payment in favour... of the government’s efforts to interfere in the case in order to damage its political opponents. He
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Parliamentary inquiry to handle bribery claims as parties build differing narratives
PoliticsGreek Politicsthat “there is a Novartis scandal” and cited the company’s practices in other countries, where fines have already... Democracy did not actually vote in favour of the government’s proposal, though, as it disagreed... is to hold its predecessors accountable and to address corruption. Tsipras’s reference to the “old
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Airport redevelopment gets green light, leaving one prior action as lenders return to Athens
EconomyProgrammeThe Council of State has approved the redevelopment of Athens’s former airport at Hellenikon... indicated that Greece’s highest administrative court had cleared the presidential decree regarding... for the Greek government,” he told the Parliament’s Committee on Economic and Monetary Affairs on Wednesday. “I
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Coalition's moves on public sector hirings under scrutiny
PoliticsGreek PoliticsThe government’s approach to hirings in the public sector has come under scrutiny after a couple... for governments to boost their popularity with voters before they go to the polls. Also, Greece’s... hiring” rule agreed with Greece’s lenders. Spending on public sector wages and pensions stood
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Consumer price index turns positive in February with 0.1 pct rise
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) increased by 0.1 percent in February, marginally rebounding... showed on Friday. January’s headline figure was the first negative reading since November 2016. Last... average HICP for 2017 was positive by 1.1 percent. February’s headline rebound can be attributed
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Eurogroup highlights tight schedule as differences over debt, fiscal measures brew
EconomyProgrammeThe main message to emerge from Monday’s Eurogroup was that Greece and its lenders are facing... after the fourth programme expires in August. Greece’s lenders would like the fourth review... will have an impact on the International Monetary Fund’s calculations regarding debt sustainability
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Coalition tries to move focus back to scandals
PoliticsGreek Politicsof the case but said that Stournaras’s ties with the firm raised “political questions” about his role..., and awkward questions about the coalition’s relationship with the businessman, the coalition knows from recent...’s case, this figure is just at 7 percent. Opinion is split among voters about when elections should
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Still facing pile of bailout tasks, Athens looks ahead to post-MoU actions
EconomyProgrammebeen focussing on the developments that will follow the conclusion of Greece’s third bailout. In his.... According to Naftemporiki’s report, the messages that the government wants to send via the plan... to 400,000 when the current government came to power and that it is in the coalition’s plans to bring
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Travel balance rises by 3.4 pct in Jan as expenditure out of sync with arrivals growth
EconomyMacroeconomyGreece’s travel receipts rose by 3.4 percent year-on-year in January, reversing a fall of 76.3... to security issues, including Turkey and North Africa. According to SETE’s projections, foreign arrivals were... that according to BoG, tourism figures for 2017 exceeded SETE’s estimates. Furthermore, travel receipts were
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Doubts about whether package deal with lenders is feasible by June
EconomyProgrammeconsequences for Greece’s effort to build up its cash buffer, making this option unattractive... the European official’s comments regarding July. It should be noted, however, that when speaking to the European Parliament’s Economic Affairs Committee on Tuesday, European Commissioner Pierre
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