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Wage rises become top issue but trajectory lined with obstacles
EconomyMacroeconomyof prices, Greece has third lowest per capita GDP in the EU, behind only Bulgaria and Slovakia, shorter... employment has increased by an impressive 19 pct, despite the 6 pct drop that was observed in 2020 due... will not buy into the idea that the economy is growing unless their wages reflect this narrative
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Tsipras aims for new alliances and EU changes after Brexit
PoliticsForeign Policyin the wake of developments in the UK were not particularly encouraging. Italy has apparently been... Schaeuble has reportedly drawn up a post-Brexit plan that envisages stricter budget rules. Athens... that the EU has to adjust quickly or face the emergence of more division within its ranks. However, he also
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PM cautious about extending compulsory vaccinations
PoliticsGreek Politics. As Greece moves closer to the peak of the summer holidays, the daily rate of vaccination has visibly slowed and there has been a drop off in the number of appointments being booked for first jabs. The government has tried to address this hesitancy by making it compulsory for healthcare workers to get
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Newsletter 31 - 19/06/2015
percent. In the past 12 months, the industrial turnover trailing index has declined 2 percent... are having direct and indirect negative implications on their fundamentals. The effect has been most profound on liquidity as the detrimental impact of the uncertainty on depositor sentiment has resulted
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Athens promotes role as energy hub as PM prepares for talks in Washington
PoliticsForeign Policyand Bulgaria. It has also received strong support from Washington. Its completion has been a matter... company has asked for a 20-month extension, causing considerable annoyance to Sofia. In fact, Bulgaria has activated the clause of timely delivery which has led to penalties of around 90,000 euros per
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Athens eyes deal on bailout tranche within June, hopes for QE breakthrough
PoliticsGreek Politicswith the institutions. "Bild has distorted what I said yesterday. I never said that Greece would not repay debt in July. There is no such issue," Finance Minister Euclid Tsakalotos told Reuters. "What I did say... in as much as the government has hinted that Prime Minister Alexis Tsipras may want to take Greece’s
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Tsipras claims he is in no hurry to call elections after bailout exit
PoliticsGreek Politicsin the past to argue that he wants to have a chance to govern Greece while not being under a programme. “I..., it is the strongest public statement he has made so far about holding on for a little while longer, until 2019... suggest that SYRIZA is seeking a closer alliance with Boutaris than it has had in the past, possibly
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Diplomatic drive turns to Ukraine and Libya, again
PoliticsForeign PolicyGreece’s foreign policy has focussed lately on building bridges and promoting cooperation from... of a regional power. On the other hand, Greece has historic and cultural bonds with these countries... for Dendias’ visit on Monday to Kiev and Odessa. “As I have said before and am repeating now and will keep
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Mitsotakis and Erdogan keep ties on even keel despite ongoing differences
PoliticsForeign Policylevels: political dialogue, positive agenda and confidence-building measures. “I believe... to maintain the positive mood that has been established over the last year. The two leaders praised... Mitsotakis said at a joint press conference. “I can only begin by thanking you for the warm hospitality
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Newsletter 48 - 23/10/2015
investment of 25 billion has plummeted to just 3.2 billion, following a sharp drop in bank share prices... banks will proceed to similar bond exchange offers in an effort to reduce the amount that has... banks, Eurobank has a major private shareholder, Fairfax, which controls 20.03 percent of its share
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