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Coalition hopes for respite from ex-minister's claims as probes launched
PoliticsGreek Politicsinto the claims on Friday. Supreme Court prosecutor Efterpi Koutzamani has ordered a probe into claims... of the allegations and the prime minister’s office has not responded directly to the claim that Tsipras... government policy. SYRIZA has tried over the last years to shrug off persistent accusations from its
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Greece steps up effort to bolster relations with Iran
PoliticsForeign Policycautiously as it did not want to provoke reactions among its allies. The SYRIZA government has shown... conclusion of Iran’s lengthy negotiations over its nuclear program in July. Athens has been encouraged... that there are other countries that already play this role. Athens however has made some moves
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Unemployment nudges down to 24.6 pct in Sept
EconomyMacroeconomyof this reversal in unadjusted data in September, Greece’s labour market has substantially benefited... in the movement of capital and cash in Greece. Since March this year, employment has gained just under... of 27.9 percent. The Aegean has by far the lowest with 16.1 percent. The challenges in the Greek labour
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Management of NPLs to test gov't in negotiations with lenders
EconomyFollowing an agreement on foreclosures that was part of the first set of milestones, Greece now has... the 13 prior actions the government has to implement by mid-December to unlock the next sub-tranche... bank has signed an agreement with a foreign company on the NPL management. Alpha signed at the end
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The year that Greece (nearly) saw it all
AgoraSince the Greek crisis began, the action has hardly stopped. But even by its standards, Greece... has been full of contradictions for Greece: Yanis Varoufakis became a global household celebrity... was reelected in September to do just the opposite. MacroPolis has been present throughout
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Gov't hits back as pension reform row heats up
EconomyProgrammeThe government has hit back in the public relations battle over its proposed pension reforms... landscape is completely different with that of 5 years ago since GDP has shrunk by almost 22 percent... pension has dropped by 41 percent over the last five years to 863 euros in January 2015 from 1,480
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Economic sentiment and consumer confidence improve in Dec
EconomyMacroeconomy. Since the signing of the third bailout programme, it has gained almost 12 points. During the bailout years, Greek ESI reached a high of 104.2 in June 2014 but has been on a downward trend since. Consumer... 11 points to -64.8 in the 8-month period but has recorded gains of 3.7 points since then. During
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Pressure on Greece to stem migrant flow puts strain on EU ties
PoliticsGreek Politicsspots ready by the end of February. Only one, on Lesvos, has been completed so far. The EU hopes... of crossings drop, while the number of migrants reaching Germany has also fallen since Austria became stricter... treated over a crisis it has not caused (which is the prevailing sentiment at the moment) and the EU
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Gas provides Greece, Cyprus and Israel chance to bolster ties
PoliticsForeign PolicyAnkara’s spat with Moscow, contact between Turkey and Israel has intensified. Greece is hoping... cooperation between the three countries but it is clear that Greek Prime Minister Alexis Tsipras has much convincing to do if Israel is going to choose to use Greece as a hub for its gas. It has not gone
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Tsipras caught between social tension and lenders' pressure as talks begin
PoliticsGreek Politicswill insist on cuts to existing pensions. The government, including Tsipras, has repeatedly... for a potential deal appears slim at the moment. He has shown no intention so far of reaching out to any... for building consensus or creating a broader coalition. New Democracy leader Kyriakos Mitsotakis has promised
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