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Athens trying to step up Western Balkans engagement to counter Turkey's influence
PoliticsForeign Policyfrom the Western Balkans Dendias has been arguing against Turkey’s increased influence in the region... though Kosovo has recently stated that it needs to reconsider its participation in this US supported... in the last couple of months. This progress has been hailed by the EU and the US, and seems much
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SYRIZA calls for vote of no confidence, as PM's apology over storm chaos fails to chime
PoliticsGreek Politicsof an apology for the mishandling has been followed by a call for a vote of no confidence in the government... taken by the prime minister. SYRIZA has been clear from the outset that it lays the blame... to continue to face criticism over its handling of storm “Elpida”. The backlash has not come only from
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IPI rise of 8.1 pct in Dec marks full year of growth, totalling nearly 10 pct
EconomyMacroeconomyto Hellenic Statistical Authority (ELSTAT) data released on Thursday. IPI now has 14 consecutive months... products, beverages and coke and refined petroleum products. For the full 2021, the IPI has... confidence increased by 5.7 points to 13.2. Since February last year, industry confidence has
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Tsipras repeats call for elections with one eye on rising KINAL
PoliticsGreek PoliticsOpposition leader Alexis Tsipras has gone on the offensive against the government’s positive.... The SYRIZA president has also signalled the end of the grace period for new KINAL leader Nikos Androulakis..., SYRIZA lags ND by 11.7 points, while KINAL has closed in on the main opposition with a 5.4-point
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Central govt debt rises again in Q4, reaching 388.3 bln euros
EconomyMacroeconomythe Greek Loan Facility’s (GLF) bilateral loans attached to the first programme, which Greece has started... obligations to the IMF amounted to about 1.8 billion euros and the government has expressed its... in Q3 2019 and has been falling since. The debt breakdown by residual maturity showed that long-term
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Athens reaches out to Moscow while keeping eye on Ankara
PoliticsForeign Policy, Nikos Dendias noted that “Greece has always been in favour of an open and honest dialogue with Russia... of Greek diplomacy has stressed the need to observe the fundamental principles of international law... and the European Union’s position on the matter, which Greece supports. Athens has clarified that, as an EU
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Govt bats away pushback allegations as migration attitudes harden
PoliticsGreek Politicsagency. The minister said that in the past seven years Greece has provided a safe haven for over a million people and has rescued over 230,000 people at sea since 2015. Mitarachi added, “it is deeply... and international organisations on pushbacks. Mitarachi has previously sought to discredit
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Hopes of EU providing immediate relief wane as economic challenges multiply
PoliticsGreek Politicsforward, if not something tangible right now. Over the last few weeks, the fiscal landscape has suddenly become much more challenging for his government and the scope for voter dissatisfaction has... less welcoming, and more expensive, borrowing environment for Greece than the one it has known over
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DBRS moves Greece a notch closer to investment grade as Moody's holds off
Economyto the fiscal consolidation. The agency notes that the fiscal overperformance last year has led... the investment grade, which this administration has set as a national target. This is one..., that were built up. Despite the escape clause still being in place this year, Greece has committed
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PM set to prolong coal use, sparking complaints about energy policy U-turn
PoliticsGreek PoliticsA decision to prolong the use life of several coal-burning power stations has put Prime Minister... time the New Democracy government has openly acknowledged that it may not be able to deliver on its... to disguise windfall profits. The opposition party has been claiming that energy companies have made 1.5 bln
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