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Tsipras wins confidence vote, has to repeat trick in ballot on name deal
PoliticsGreek Politicsand challenged them to back the deal. He argued that the name deal is not linked to the government’s... Agreement is also serving to prolong the government’s life. Prespes next With the confidence vote out... Agreement. It had been expected that four of To Potami’s six MPs (Danellis being one of them) would
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Tourism continues on upward trajectory as latest figures signal record-breaking arrivals
EconomyMacroeconomyGreece’s tourism industry, which weathered the country’s economic crisis relatively well, has... down by 4.6 percent to 2,562. Record year The Greek Tourism Confederation’s (SETE) annual outlook had..., overseas arrivals by land and air to Greece have already surpassed SETE’s predictions for 2018
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General govt primary cash surplus at 5.63 bln in Dec, arrears fall by 536 mln but miss target
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus came to 5.63 billion euros across 2018, down by 593 million euros compared to 2017 according to the Finance Ministry’s (MoF) monthly gg bulletin... The MoF’s figures showed that the year ended with a total of 2.04 billion in arrears still outstanding
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Unemployment rate at 18.5 pct in Nov as jobless drop below 900,000
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate stayed under 19 percent for a fourth... in October, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday. For the same time last year... February 2012. ELSTAT’s data showed that there were 5,948 fewer unemployed people in November versus
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Lenders fret over reform delays as Brussels revises 2019 growth forecast upwards to 2.2 pct
EconomyProgrammeis a blow to the government’s privatisation effort, which is also under the lenders’ scrutiny. Athens... with the government’s plan, which has yet to be presented formally. It has been reported that the government... forecasts on Thursday. Greece’s economic growth is seen accelerating at higher rates in 2019 and 2020
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Primary residences and lignite units top agenda ahead of Eurogroup
EconomyProgrammeAlthough Greece is not on the agenda for Monday’s Eurogroup, the meeting will provide Finance Minister Euclid Tsakalotos with the chance to discuss with the country’s lenders a range of issues... the fate of the Public Power Corporation’s (PPC) Melitis and Megalopolis lignite units after the firm
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CPI rises by 0.4 pct in January
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) rose by 0.4 percent in January compared to a rise of 0.6 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. January’s figure... to December’s figure. The core index edged up by 0.3 percent in January after rising by 0.6 percent
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EU officials suggest frantic days ahead for Athens until March 11 Eurogroup
EconomyProgrammewill be allowed to make use of the time in between the publication of the European Commission’s report...’s lenders. Kathimerini reported that the proposal was sent without a clear agreement between... guarantee also need to be confirmed as Greece’s sub-investment grade status makes the cost of default
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Tweaks to proposal on protection of main homes likely to be needed
EconomyProgrammeoutlets have been reporting since Tuesday that the country’s lenders have several concerns about... for protection. They also want a time limit on the protection, after which the borrower’s eligibility... on all of the 16 reforms it has pledged. One of those is the divestment of the Public Power Corporation’s
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Travel balance falls by 45.6 pct in Dec but rises by 9.6 pct in 2018 as visitors top 30 mln
EconomyMacroeconomyGreece’s travel balance fell by 45.6 percent in December following a rise of 73.5 percent... percent in 2018 to 337.8 million. Overall figures The Greek Tourism Confederation’s (SETE) annual...’s outlook. In addition, the latest available figures from SETE as of November showed that overseas
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