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Greece sees Turkey close to crossing 'red line' in Aegean
PoliticsForeign Policycoast guard patrol boat fired real ammunition during a military exercise in the area around the Greek... territorial waters in the area between the islands of Limnos and Rhodes. Greece is currently aiming to actively participating in all activities run by NATO and the EU in the area. The main aim is for Greek
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IMF insists labour market reforms need to be preserved
EconomyProgrammein the Article IV report for the euro area that was released on Thursday, the Fund outlines three key areas... contributed to improving competitiveness and employment. Productivity is one of the lowest in the euro area..., they still exceed those of leading countries in the euro area. Aside from the labour market
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Coalition's attempt to defend handling of fatal blaze fails to stem criticism
PoliticsGreek Politicsthe area extremely difficult. All four officials insisted that the emergency services and everyone... contained thousands of homes in a small area between the forest and the sea. Judging by the reaction... and arguing that this had contributed to the disaster. During a visit to the area, Kammenos also became
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Athens hopeful release of 970 mln will be approved at Friday's Eurogroup
EconomyProgrammethe ancient city walls, a protected area. This is reportedly an area covering six square kilometres... shareholder, COSCO, has lined up for the area. The Chinese group’s plans, which have been approved by Greek Parliament, include the construction of a luxury hotel and a shopping mall in the port area.
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Border furor highlights brittleness of Greek-Turkish relations
PoliticsForeign PolicyThe recent tension between Greece and Turkey in the Evros border area highlighted how an issue... coordinates of the construction area and proposing to convene the joint border commission in order... proceeded with some measurements in the area of Feres.” However, this statement also did not clarify
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PM under pressure to account for destruction, as wildfires stoke anti-migrant sentiment
PoliticsGreek Politicsabout the role of right-wing militia groups operating in the area. Opposition parties are lining up... the second worst on record in terms of the area burned. A leaders’ debate in Parliament is now... and filling empty posts in the fire service. On Wednesday, the total area burned overtook
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Return to investment grade overshadowed by flood destruction
Economythat all productive capacity in the area has been lost, fields have become unworkable and animals have drowned, making the area mostly uninhabitable. Scientists are urging people to avoid the area.... The area was three years ago again affected by floods and the fiscal cost was estimated at 800 million
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Greece weighs its options as Turkey prepares 'Blue Homeland' legislation
PoliticsForeign Policyhas reacted strongly to developments in Albania’s coastal area of Zvërnec, where clashes during... the Karaburun–Sazan Marine National Park and the Narta Lagoon area, warning of risks to endangered species... that it is following developments in the protected Pishe Poro–Narta area closely and has reiterated that respect
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Greece and troika agree 2013 primary surplus will be just 500 mln - here's why
EconomyProgrammeback the paymnents of tax refunds, underspending by 644 million euros in this area. The troika.... In previous years, military procurments have been an area of discretionary spending, where the Finance.... Another area where there is significant underspending is in social protection, primarily with regard
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The complexities of regaining market access: Could Greece learn from Portugal?
Agora. Greece was the first euro area member to be priced out of sovereign debt markets almost four years ago... is by no means assured during the course of 2014. Portugal is currently the only euro area member... revenue streams from privatisation projects illustrate, underperformance in this area has necessitated
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