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Ex-ministers escape farm payments inquiry in controversial vote
PoliticsGreek Politicsdevelopments have put a halt to the opposition’s effort to corner the government over the OPEKEPE scandal... to lend credibility to the proceedings. New Left, who had co-signed the SYRIZA motion, said Mitsotakis
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Reshuffle on horizon as second OPEKEPE dossier rattles government
PoliticsGreek Politics, that the scandal does not touch the party as a whole. Party insiders have already been trying to put clear... in the investigation are not subject to any immunity proceedings. In the case of the former minister and deputy
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Mitsotakis distances himself from Israel’s Lebanon offensive as industry warns of energy crunch
PoliticsGreek Politicstheir own proposals. The ministry has blamed EU state aid rules for rejecting most of the schemes put... and parliamentary proceedings. Despite the undercurrent of objections to the deepening ties with Israel
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Sharp increase in May arrivals, particularly from Germany, delivers travel balance boost
EconomyMacroeconomyof the EU receipts dropped by 2 percent to 312 million. Euro area residents were the main contributor... million. The non-euro area EU28 spending came to 347 million, up by over 32 percent. Germany had... percent, while those outside of the EU dropped by 2.4 percent. Visitors from the euro area were up
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Cost of Greek corporate loans rises in April, remains well above euro average
EconomyMacroeconomyand remained well above the euro area average, according to the Bank of Greece (BoG). This rate had... the respective euro-area average rate of 1.56 percent in April, although the difference narrowed during... to 6 percent. The average euro-area rate on corporate loans over 1 million euros stands almost 4
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ECB survey shows enduring preference for cash payments in Greece
EconomyFeaturescard and electronic payments. The study titled “The use of cash by households in the euro area... surveyed at 75 percent. The survey found that in 2016, euro area consumers made 1.6 payments per day on average, equalling nearly 11 payments per week. Of these, the average in the euro area was 1.2
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Greece in 2014: The risks and opportunities of moving forward
Agoraarea as its 18th member. It thereby becomes the second Baltic state to join the eurozone after... area and will be the poorest country in the single currency zone (measured in terms of GDP-per-capita... structural reforms implied. Euro area membership for Latvia and the rotating EU presidency for Greece
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Wolfgang at the door
Agorasuch a bleak time for the euro area, are the main reasons that Schaeuble is seen by some as having... members of the euro area over the last years. Economic benefits Since 2010, Greece, Portugal, Spain... area have (inadvertently) worked in Germany’s favour. In 2013, it was reported that Berlin had saved
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Athens treads cautiously as Ankara keeps prodding in Aegean
PoliticsForeign Policyby a unilateral move by Turkey on Saturday to extend an area for Search and Rescue (SAR.... Via Twitter, the minister unveiled a new map where Turkey defines its new extended area of SAR... and rescue area that covers half the Aegean Sea, as delineated by a new Turkish law, is illegal
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Greece a gateway and scapegoat in EU's refugee crisis
AgoraArea because of concerns about its patchy approach to the refugee crisis. Tsipras has much... of a possible exit from the Schengen Area – the recent exchanges set a poisonous precedent. The EU has... as exclusion from the Schengen Area smacks of double standards. Double standards This contrast
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