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PM forms panel to come up with strategy for use of EU recovery funds
PoliticsGreek PoliticsKyriakos Mitsotakis has announced the formation of a government committee to work on Greece’s... of the national plans is October 15. Athens has access to up to 38 billion euros from the Multiannual... has identified these funds as being vital not only to cushioning the impact from the coronavirus
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Episode 9 - Greek economy toiling under pandemic pressure
Agorathe Greek economy is coping with Covid-19. Our producer, Phoebe Fronista, has been speaking to Constantinos..., to find out if tourism has provided Greece with a lifeline or whether the macroeconomic picture..., The Agora, which has been a forum for discussing all kinds of issues over a number of years. We’ll
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Greece expects evidence of Turkish willingness to talk as Maas visits Athens, Ankara
PoliticsForeign Policythe Greek continental shelf has made Maas’s mission even more difficult. In response to the move by Ankara... has no genuine interest in starting talks with Athens, government sources claimed. The Greek.... At the same time, Athens is preparing for all eventualities. It has set as a red line
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Wages index up by 3.8 pct YoY in Q2 2020
EconomyMacroeconomy. The index in Q2 came to 109.9 compared to 106.8 in Q1. As of the current quarter, the index has been above the 100-point mark since Q1 of 2017, equal to 13 consecutive quarters. It has also stayed above... in the previous quarter. Since its peak, the index has declined by a quarter on the back of the negative impact
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Accommodation and food services turnover collapses by 84.6 pct in Q2
EconomyMacroeconomywas a rise of 1.5 percent. On a quarterly basis, Q2 dropped by 51.6 percent compared to Q1, which has.... Data from Bank of Greece capture the enormous challenge that Greece has faced on the tourism front since March. The travel balance up to June has essentially evaporated, dropping by 94 percent year
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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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