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More fiscal measures, restrictions on movement mulled by govt as it rides high in polls
PoliticsGreek Politicsthe liquidity available to Greek companies. The firms that claim the money back will have to repay... for the Covid-19 crisis, suggested that Greek authorities are starting to think about how and when... is focussed on preventing any mass violation of restrictions around Greek Orthodox Easter on April 19
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Despite satisfaction with Covid-19 numbers, govt not eyeing let-up in restrictions
PoliticsGreek PoliticsAs Greek Orthodox Easter approaches, the government is trying to dampen speculation about when... of the measures before April 27, meaning they will be in place for Greek Easter, which is on April... to combat any complacency ahead of Greek Easter. Snap elections The government also sought to dampen
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Greece braces for deeper Covid-19 impact on economy, budget and public debt
Economyabandoned. It is becoming increasingly apparent that key pillars of the Greek economy will suffer... will dry out, affecting the shipping industry, and SMEs, which have a significant influence in the Greek... is the issuing of new debt while Greek borrowing costs are supported by ECB purchases as part of its
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IMF sees 2020 GDP contraction at 10 pct, budget deficit at 9 pct due to virus impact
EconomyMacroeconomyand investment houses that see the pandemic having a severe effect on the Greek economy, extracting.... Specifically, for the last quarter of this year the IMF sees Greek GDP dropping by 11.4 pct. Greece... to support the tourism industry, which is a key pillar of the Greek economy. The collapse of economic output
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As plan to ease lockdown progresses, politics turns to non-coronavirus issues
PoliticsGreek Politicsis returning to Greek politics, with issues other than Covid-19 now being addressed. In an interview... at making it easier for Greek universities to cooperate with foreign institutions. The draft legislation is due to be submitted to Parliament next month. It is the first sign of Greek political life
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Fitch keeps Greece at 'BB' but revises outlook to stable with eye on Covid-19 impact
Economywas the significant impact that Covid-19 will have globally, and specifically on the Greek economy, which... tourism is 10 pct of Greek GDP. The budget is expected to take a serious hit this year, due to drops in revenues and higher supportive spending. So far, the Greek authorities have committed 5 billion
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Primary residences back in focus as Athens waits for recovery fund decision
PoliticsGreek Politics1 trillion euros, while others would prefer it not to be so extensive. According to Greek... high on the Greek government’s agenda since the sector accounted for around 18 billion euros directly.... The institutions also appear sceptical about the Greek authorities’ proposal to create a fund
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Turkey ramps up rhetoric, Greece strengthens presence at Evros border
PoliticsForeign Policyviolations of Greek national airspace, including overflights of inhabited areas and territorial... disrupted by Turkey.” On Monday, Turkish President Recep Tayyip Erdogan lashed out against Greek... that Erdogan used the expression “Greek lobby”. These developments indicate that as long as Greece
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The Agora Podcast - Episode 2 (Tourism, but not as we know it)
AgoraThe second episode in our new podcast series looks at how the Greek tourism industry is faring amid... on the subject, Eleftheria Pantziou of Greek Travel Pages, to find out what the usually busy summer season... Yiannis Mouzakis and business reporter Omaira Gill about the importance of tourism to the Greek
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EU funds seen as cushioning Covid-19 impact, giving govt fiscal space
PoliticsGreek Politicsavailable will more than make up for the damage the pandemic has inflicted on the Greek economy... that the Greek government will be finalising its plans for the allocation of the Recovery Fund money... in structural funds, this represents close to 30 pct of Greek GDP. The government sees
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