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As easing of lockdown begins, government looks to salvage economy
PoliticsGreek Politicsexplained that the infection rate (R) has dropped well below 1, signalling that the disease is dying out... and updated every 1 to 2 weeks. As things stand, Greeks are not able to leave their region but the government... to and from the Greek islands. This is due to happen on June 1. According to Kathimerini, though
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Newsletter 249 -08/05/2020
every 1 to 2 weeks. As things stand, Greeks are not able to leave their regions but the government aims... to and from the Greek islands. This is due to happen on June 1. Speaking on CNN on Monday, Prime Minister... that the government hopes the conditions would be right for Greek tourism to begin to open up from July 1. Mitsotakis
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Economic relief eyed as Greece launches fourth round of lockdown easing
PoliticsGreek Politicsis also set to re-open primary and nursery schools from June 1, although there will be restrictions... package will support the real economy. Its research arm recently estimated that 1 in 7 firms could... June 1, with the state subsidising 60 pct of the income loss from the reduction of working hours via
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ND feeling fiscal pressure as row over media handouts rumbles on
PoliticsGreek Politicsfor the property tax reduction and 1 billion to reduce social insurance contributions. However... surplus of 1 to 1.5 pct of GDP. Also, the pan-EU Recovery and Resilience Fund proposed by the European... is gradually opening up to visitors from abroad, with all airports due to open on July 1
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Newsletter 257 -07/07/2020
1 percent of the 20 million euros spent across print, internet and TV went to opposition-friendly..., Greece’s employment growth is set to fall by 3.5 percent this year and by 1 percent next year. Under... billion euros which is 11.4 percent of the total. This is followed by those owing over 1 million
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Greece draws strong interest, attractive yield by re-opening 10-year bond
Economybelow 1 pct to close to 4 pct in mid-March, until the ECB announced that it waived the minimum... around 1 pct. On Wednesday, Greece drew 2.5 billion euros with a re-offer yield of 1.187 pct, and a re... billion euros offers, including roughly 1 billion from the lead managers and approximately an hour later
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Newsletter 262 -04/09/2020
in the local media, the government is aiming to spend 1 to 1.5 billion euros on arms and equipment... 10-year benchmark yield from below 1 pct to close to 4 pct in mid-March, until the ECB announced... the period hovering around 1 pct. On Wednesday, Greece drew 2.5 billion euros with a re-offer yield
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Central government debt increases by 1.99 bln to 364.86 bln in Q3
EconomyMacroeconomy(+85.4 million). An increase of less than 1 million was seen in BoG loans. Declines were seen... made up 76.3 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years
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Eurobank net results show loss of 1.08 bln in 9M
EconomyBanking2019. P&L NII fell by 1 percent YoY to 1.02 billion in 9M, and fell by 5.2 percent QoQ to 331... period from 87.3 percent in 9M 2019. Capital The phased-in Common Equity Tier 1 (CET1) ratio came to 13.2 percent in 9M. The fully-loaded Basel III CET 1 ratio reached 11.2 percent in 9M from 14.1 percent
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Athens angling for tougher EU stance on Turkey ahead of summit
PoliticsForeign Policyshould begin immediately. This view was reiterated on December 1, when Foreign Ministry spokesman Hami... on December 1. Government sources say that the two men assessed the current situation. Paris has recently... ministers on December 1. He accused Ankara of stoking tensions with fellow allies in the Mediterranean
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