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Trust in Greek banking system shaky, survey suggests
EconomyBankingto withdraw their savings. The same was true for 73 percent of those with high incomes. Fifty one percent of businesses reported that they felt they had met the challenges they faced after capital... knew that it was possible to withdraw this entire amount in one go. Only 57 percent of businesses
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Review gathers pace as mission chiefs prepare for Athens return
EconomyProgramme. It is estimated that at this stage, around 20 of the 95 prior actions have been ticked off. One.... The two sides have reportedly agreed that the Melitis power station in Florina will be one... of the 95 prior actions, they could prove one of the tougher nuts to crack. Apart from the sale
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US view on Greece proving constant amid change
Agorathat has frequent bouts of instability and uncertainty. It is going through one of those periods... policy. This was one of the things that Washington has repeatedly tried to point out to European... and trade – was repeated by Trump in the White House’s Rose Garden after he met with Tsipras. “Well, I'd
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Newsletter 152 -23/02/2018
review, which had not yet been completed. One of those, which involved the Council of State... arrears. Regling noted that the latest data confirms that Greece met its target for arrears... that now Greece is emerging from the bailout, SYRIZA is turning its attention to one of the key pledges
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Greek families shell out for education as state system falls short
Societyis one of just a few countries in Europe with no external assessment or system of quality assurance... raising state spending on education. The issue of external assessment and autonomy is one that has historically met strong resistance. A recent UNESCO paper on accountability in the Greek education
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Greek government goes digital under lockdown, as more coronavirus clusters emerge
PoliticsGreek PoliticsThe coronavirus crisis has not been entirely without its positives for Greeks, one of which has... as a significant step towards reducing bureaucracy and improving access to essential services. One... regions. One such scheme introduced in the district of Central Macedonia was used by 1,600 people
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Court delivers serious blow over TV permits, gov't vows to fight on
PoliticsGreek Politicsthe opposition for the coalition to resign. PASOK and To Potami immediately called for State Minister Nikos Pappas, who was the architect of the process, to resign. Given that Pappas is Alexis Tsipras’s closest... that the government should resign because of the failure of the TV licence tender
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Newsletter 246 -03/04/2020
billion. One-off financial support, consisting mainly of the 800-euro stipend for employees... until the summer. One factor that the government will have to watch out for is how broadly..., and 23.9 percent were “quite” pleased. Significantly, Mitsotakis drew one of these two responses
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The agenda of the first programme review shapes up with thorny issues
EconomyProgramme15 allowed the sale of NPLs related to large corporate loans and non primary residence mortgages. For primary residence NPLs, consumer and SME loans as well as state guaranteed loans an agreement..., including those of primary residences. In contrast, an overhaul of the tax system including an increase
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Landmark Katseli Law ruling hits lenders, eases borrower burden
EconomyBankingthat a borrower will fail a court‑mandated plan and lose their primary residence. For households... residence protection over the maximisation of creditor recovery. It delivers immediate relief... through multi‑year repayment plans that protect primary residences. Under the law, courts set the terms
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