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S&P keeps Greece at 'BB-' but revises outlook to stable on Covid-19 concerns
Economyoutlook. Outside of its regular rating cycle on Thursday night Fitch has also revised the outlook... and the current level of rating. According to S&P, Greece has one of the most advantageous debt... loans on the books, bad loans are expected to rise again this year. That said, the SSM has provided
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Coronavirus to delay much of privatisation plan
EconomyFeaturesmaking no progress. The Transport Ministry has moved the sale of a 30 percent stake in Athens... circumstances. But the crash in domestic and international air travel stemming from the pandemic has thrown... several points in Hard Rock International’s bid which it deemed problematic. The group has lodged
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Government extends pandemic support package amid opposition criticism
PoliticsGreek Politicsand the economic front. The government has been under pressure to offer more clarity on the duration.... There has also been increasing anxiety about the fate of the tourism sector, with the prospect... already attracted controversy, and the latest development has prompted renewed calls for its withdrawal.
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Amid lack of communication, overflights add to Greek-Turkish tension
PoliticsForeign Policyhas not shown any goodwill, whereas Athens is trying to make contact as a “follow up... Marshal Khalifa Haftar, who is supported by Russia, is something that has not gone unnoticed by Greece.... Athens has invested a lot in this operation in order to enforce its presence in the sea area disputed
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Turkey continues Aegean jostling as Athens sends envoy to Syria, renews backing for Western Balkans
PoliticsForeign Policyis setting up for Greece. Greece has sovereign rights: It has a right to defend these as well as its... recognized Kosovo, Greece has always supported the Western Balkans’ EU integration. Last February
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Turkey ramps up rhetoric, Greece strengthens presence at Evros border
PoliticsForeign Policyof diplomatic initiatives that Athens has recently undertaken to enhance its presence in the wider Eastern.... It was the first time the United Arab Emirates participated in such a multilateral gathering. The UAE has... has also condemned the two memorandums of understanding signed in November 2019 between Ankara and UN
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Reshuffle speculation rebuffed as Greece launches third stage of lockdown relaxation
PoliticsGreek Politicshas not yet clarified if primary schools will re-open, a move that most Greeks appear to oppose... of tourism-related activity during the high season, the newspaper reported. The government has also... of the tourism season. Reshuffle rumours In political and media circles, substantial attention has also been
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Eurobank submits final Cairo portfolio to Hercules while BoG mulls bad bank creation
EconomyBankingthe process. The bank noted that the coronavirus crisis has decreased market visibility that investors... anticipates around the second half of 2020, in order to take the necessary decisions. Piraeus has a total of 7.... The bank has so far revealed no further details about the progress of these securitisations, although
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Opposition picks holes in latest measures to mitigate economic impact from pandemic
PoliticsGreek Politicsthe return of tax that has been prepaid by businesses. A few weeks ago, SYRIZA unveiled its own 14-billion... off the suggestion that it was guilty of wishful thinking or poor arithmetic and has consistently... for propping up the tourism industry has not met with universal appreciation. According to some
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The Agora Podcast - Episode 3 (Europe in recovery mode)
AgoraThe European Commission has presented its proposal for a recovery fund to help EU countries... the Covid-19 crisis could increase divergence between European economies. Nick also has a discussion... blog section, The Agora, which has been a forum for discussing all kinds of issues over a number
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