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HRADF development plan reviews privatisation actions for the rest of the year
EconomyMacroeconomyThe Hellenic Republic Asset Development Fund (HRADF) has revised its asset development plan (ADP... will proceed as the pandemic has affected this asset. Six pending steps are noted for this privatisation... being evaluated. The privatisation of DEPA, which is tied to HELPE, has been split into two arms: DEPA
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Golden Dawn sentencing excites political controversy
PoliticsGreek Politicsof the verdict, the court has been hearing arguments from the defendants’ legal terms prior... of their conviction and potentially running for political office has been used to whip up outrage in the media... has already made amendments to the penal code since coming to office, but did not attempt to change
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Industrial production drops by 3.8 pct in August
EconomyMacroeconomyon Friday. On a YoY basis, the index has remained consistently negative in the year so far and has... month-on-month to stand at -18.1 points. Year-on-year, industry confidence has fallen by 19.1 points
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PM appoints new national security advisor as talks with Turkey hang in balance
PoliticsGreek Politicsopinion, and his resignation was not accepted by the PM. Dokos has distinguished academic career... talks, Turkey has once again sent an exploration vessel to survey on the Greek continental shelf...-partisan appointments, often in high-profile roles. In the past, he has picked cabinet ministers from
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Athens treads cautiously as Ankara keeps prodding in Aegean
PoliticsForeign Policythe possibility of re-starting exploratory talks has been lost for the time being. Cautious approach... leverage it has with Ankara, even if it appears minimal now. Athens recognizes this and did... for any “accident” or escalation of tension. Domestically, the government has dismissed SYRIZA’s demand
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Insolvency bill debate brings implementation challenges to the fore
PoliticsGreek Politicsand small businesses, has been a cause of frustration to both borrowers and lenders, while in the aftermath... of repurchase. SYRIZA has already labelled the bill a “tombstone on primary residence protection,” and warned... too many opportunities to strategic defaulters. The Union of Judges and Prosecutors has called
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Pandemic takes heavy toll on Greek workers, study finds
EconomyFeaturesResearch from the General Confederation of Greek Workers (GSEE) has shown the burden... of unemployment, the average Greek worker has lost 47 percent of their income. The average monthly salary... impacted by the economic downturn caused by the pandemic, it is the lower salary bracket that has
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Health system feeling strain of Covid-19 second wave
PoliticsGreek Politicsbeen taken up, which means only 161, or 38 pct, are still available. In Thessaloniki, which has seen... are free. The government is hopeful that the lockdown has come just in time to prevent the health... service industry earn revenues in what has been a terrible year for these sectors, as well as many
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In negative territory for 12 straight months, industrial production drops by 2.4 pct in Sept
EconomyMacroeconomyrevealed on Monday. On a YoY basis, the index has remained consistently negative in the year so far and has not shown a positive reading since September 2019. Month-on-month (MoM), the index rose... confidence has fallen by 10.4 points. In addition, Markit’s PMI for October decreased to 48.7 points from
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ICU shortages provide opposition with fodder in political battle over Covid-19 strategy
PoliticsGreek Politicsin Parliament all the data it has regarding ICUs and hospital staff – a potentially embarrassing issue for New Democracy, which has so far fended off calls from the opposition for much higher health... the approval of the committee of scientists advising the authorities about their Covid-19 policy. SYRIZA has
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