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Greece, eurozone edge closer on pensions and fiscal gap but IMF keeps bar high
EconomyProgrammeThe Eurogroup Working Group held on Monday failed to narrow the differences on the fiscal gap foreseen by the Greek authorities, the European institutions and the IMF. Thus, the date of the mission chiefs’ return to Athens still remains unidentified and...
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Producer prices rise marginally by 0.1 pct YoY as all components bar energy increase
EconomyMacroeconomyGreece’s Producer Price Index (PPI) had a marginal rise in November, with an increase of 0.1 percent year-on-year (YoY), after a decrease of 1.4 percent in October, ELSTAT data showed on Tuesday. This was the first positive reading after four consecutiv...
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Special tax structure would benefit hotels and jobs, bank argues
EconomyFeatureson investing in the Greek hotel industry, PricewaterhouseCoopers (PwC) noted that the rapid growth..., with the industry expected to be worth 14 billion by 2020. PwC also outlined the various taxes which an investor
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Greek housing market at new juncture as Covid-19 shakes foundations
EconomyFeaturesownership (property taxes rose six-fold between 2010 and 2015 according to a report by PwC), which drove... looking at the long-term drivers of the Greek property market, PwC estimated that even in an optimistic
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Greece rises through the ranks for LNG transport tankers
EconomyFeaturesactivity for the full year. This was followed by Norway with seven orders and Japan with six. VesselsValue... tankers were a sector where Greece was one of the first countries to take the plunge. Japan... has the first spot, followed closely by Japan and Qatar holding the third place. This latest
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PM tries to steer agenda back to reforms as OPEKEPE scandal rumbles on
PoliticsGreek Politicsto shrug off the Semertzidou affair. Dubbed the “Ferrari farmer” after her social media posts showcasing a lavish lifestyle and political connections attracted attention after her partner, a farmer
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Mitsotakis makes new bid to break deadlock with farmers as govt ponders relief measures
PoliticsGreek Politicsas the government grapples with farmer protests and broader cost‑of‑living pressures. In the vote estimate... parties face significant barriers to voter trust. Against the backdrop of farmer unrest
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PM accepts economic recovery not being felt by all, argues for more time
PoliticsGreek PoliticsParliament elections in June, when ND’s level of support fell below the bar set by Mitsotakis, a number... of winning the next general elections, due in 2027. A GPO opinion poll for Parapolitika radio indicated..., while two thirds say that they are finding it difficult to cover all their needs. An overwhelming
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ND's electoral bill put before MPs as PM mulls options for president
PoliticsGreek Politicsimmediately, from the next elections, but all of the opposition parties, bar ultra-nationalist... party earning up to 50 extra MPs. According to the proposal, if the winning party passes the 25... in May 2012 did the winning party win less than 25 percent of the vote, when New Democracy gained
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Mitsotakis insists on unity as he builds towards 2027 poll contest
PoliticsGreek Politicsto rumours around a possible change to the electoral law, raising the bar for parties to enter... and not change the electoral law to make it easier for the winning party to gain a parliamentary... of fragmentation would likely make it impossible for the winning party to secure a majority. Under the current
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