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EC ups growth to 2.2 pct in 2019, sees growth in 2020 at 2.4 pct
EconomyMacroeconomythat it will converge with Bank of Greece’s, this year’s estimate by Brussels remains below the Greek... by the Greek authorities, of pent up investment and domestic demand having a greater contribution in GDP have been slow to materialise. The Greek government hopes that it has sufficiently proven its
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PM briefs EU leaders on migration stance as Turkey tries to pin blame on Greece
PoliticsForeign Policythe Greek authorities of “murderous actions" against asylum seekers on the Greek-Turkish borders.... For the Greek government, the 2016 EU-Turkey agreement no longer stands. Athens wants Turkey to take back refugees and migrants from the Eastern Aegean and the Greek mainland within the framework of a new EU
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Eurobank net profits at 256.7 mln in 2019
EconomyBankingof 1.8 billion euros which was completed in Q2. During the first quarter of 2020, the Greek... value of 7.5 billion euros. The application relates to the provision of guarantee by the Greek state... has fallen by 12 billion. Greek deposits increased by around 3.6 billion and by 5.7 billion
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PM presents roadmap for relaxing lockdown, highlights political messages from handling of Covid-19
PoliticsGreek Politicsto the coronavirus challenge has shown that the Greek state is capable of outstripping expectations... and the state. “I trusted you and you trusted not just me, but the Greek state as well, which, in the end... if it goes through an overhaul and tries to reposition itself closer to the centre-left of Greek
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Tsipras struggles to revive and repackage SYRIZA
PoliticsGreek Politicsin which Greek authorities handled the public health challenge posed by Covid-19 has earned the prime... was right to close the Greek-Turkish border in Evros when Ankara waved through migrants earlier in the year... to power after that heavy defeat is by appealing to the section of the Greek population that flits
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Release of refugees creates new difficulties for minister
PoliticsGreek Politicscamps on the Aegean islands. Greek authorities made it known months ago that they aimed to reduce... into Greek society. He estimates that the process of emptying out the reception centres of asylum... the local bureaucracy and settle into Greek society. There have also been suggestions that the Helios
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Rival parties interpret Novartis settlement differently, serving own ends
PoliticsGreek PoliticsGreek subsidiary bribed public health officials and doctors to promote its drugs and used... that Greek politicians were involved in corruption provides definitive proof that SYRIZA’s efforts... to a Greek-Israeli businessman and allegedly acknowledging Papangelopoulos interference in the judicial
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PM wants no strings attached to EU funds as ND juggles with public finances
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis says he will insist on any EU funds aimed at helping the Greek... of these challenges is that around 80,000 Greek companies have applied for state-guaranteed loans worth 20... by the Communist Party (KKE) on 4.8 pct and ultra-nationalist Greek Solution on 3.5 pct. Away from the overall
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Newsletter 257 -07/07/2020
. For this interim forecast, the Commission had available Greek data for the first quarter of the year... billion euros in support measures for the Greek economy. The interventions have a direct fiscal... expects a lot of pressure on the Greek economy this year, including major hits to trade and tourism
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Retail sector struggles through pandemic
EconomyFeaturesshowed that the Greek retail sector was in for a very poor summer despite discounts having been... from the start of July until the middle of the month are typically the best for Greek retailers... measures for Greek SMEs which make up the majority of the country’s business landscape. “The pandemic
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