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Anniversary of Polytechnic uprising unites left against ND clampdown on gatherings
PoliticsGreek PoliticsDemocracy government has been adamant that no exceptions will be made to the public health measures... heavy police presence. The dispute has been a source of puzzlement for most observers, since all..., the seemingly sterile dispute has also had the unintended effect of nudging the forces
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Lenders acknowledge reforms, flag up tricky fiscal path ahead
EconomyProgrammethe necessary focus on more immediate challenges, the Commission notes that the Greek government has stepped... the pandemic-induced delays. Other areas where progress has been observed include in the fiscal and structural... Greece has a total allocation of 32 billion euros and could have positive impact in the growth outlook
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Labour vote, reconstruction plans highlight differences in party agendas
PoliticsGreek Politicsrecovery plans has opened more political fronts. The publication of the national submission for the EU...” and accused them of initiating a sham consultation on “a plan that has already been submitted and will bind the country for years to come”. The party has pledged to present its own plan, which will emphasise
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Second lockdown extension as Covid-19 infections remain high
PoliticsGreek Politicsand several of Greece’s northern regions, while a slight increase in recorded cases in Athens has.... The prospect of reopening any commercial activity has been greeted with consternation by frontline... to reopen on December 7. Meanwhile, the government has been emphasising the prospects opened up
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Covid-19 data prolongs wait for re-opening amid new clash over policing
PoliticsGreek Politicsfor the disease even though the lockdown has been in place for week longer there than the rest... the government has made so far is to allow 110 stores selling seasonal goods (Christmas decorations, etc.... The conservatives are also aware that the issue of policing ties in closely with the identity politics that has
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Industrial production drops by 3.7 percent in Oct
EconomyMacroeconomy) data revealed on Thursday. On a YoY basis, the index has remained consistently negative in the year so far apart from a negligible rise in July, and has not shown a positive reading since September 2019... at -12.4 points. Year-on-year, industry confidence has fallen by 5.6 points. In addition, Markit’s PMI
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Wages index up by 3 pct YoY in Q3 2020, declines by 1.5 pct QoQ
EconomyMacroeconomyhas been above the 100-point mark since Q1 of 2017, equal to 14 consecutive quarters. It has also... 109.1 in the previous quarter. Since its peak, the index has declined by a quarter on the back
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Govt gears up for arrival of Covid-19 vaccine amid virus flare-up in some areas
PoliticsGreek Politicsa working class area with numerous large workplaces, suggesting that there has been a failure... of consciously allowing safety for workers to be compromised, noting that New Democracy has failed to provide...) and law and order (47 vs 21). Both are issues that the government has invested heavily in as far
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Govt waiting for arrival of vaccine to deliver some Covid-19 relief
PoliticsGreek Politicswill mark the beginning of the end for its coronavirus saga, which has drained New Democracy’s governing... is expected to receive a first delivery of 300,000 vaccines on December 26. There has been speculation... has risen. It is also an indictment of the frequent, sometimes blunt and other times more subtle
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Banks end year with continued bad loan sales
EconomyBankingthat it has entered into a definite agreement with Bain Capital Credit for the disposal of a Romanian... Mechanism (“SSM”). The transaction has a neutral capital impact to the bank. The closing.... The first APS runs out in April 2021 and its stock of guarantees has been used up after NBG approved
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