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Athens pleased about new EU-Egypt deal, seeks closer ties with Cairo
PoliticsForeign Policywith flows to the Italian and Greek (from Libya to Crete) coasts. Europe is offering a "strategic... urgently needs Egypt to control migration flows from its borders with Libya and, secondly, to improve its... not control the border with Libya, from where Sudanese refugees and Egyptian migrants cross
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Athens insists maritime spatial planning plans do not obstruct talks with Turkey
PoliticsForeign Policytreaty with Libya in November 2019 was rejected by Greece as unlawful as the two countries... in which the main prize was Libya, and its vast oil resources. Turkey protests that it is being hemmed... of Greece with which it has not signed an EEZ agreement namely, Libya but also Albania. For the latter
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ND doubles down on stricter migration policy, riling opponents
PoliticsGreek Politicsof migrants reaching the country from Libya. The measures include a three-month suspension... with Libya are troubled and the EU’s attempt to build ties with General Khalifa Haftar, the military leader of eastern Libya, ended in failure this week. It is expected in Athens that another effort
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Corruption claims, foreign policy missteps impede government’s efforts to build momentum
PoliticsGreek Politicsrelations with Libya and the submission of two note verbale by the Tripoli-based government... deems not be in line with international law. In the notes, Libya claims that Greece’s maritime agreement... spokesman Stelios Petsas. The centre-right MP called for Athens to “toughen its stance” regarding Libya
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How Greek banks were left on the brink
Agoralevels in February (9.6 billion), eased to 2.2 billion in March and then increased again to 4.7 billion... with non-financial corporations following with 7.2 billion (23 percent of total). The bulk of outflows, 27.6 billion corresponding to 88 percent of total, stemmed from time deposits. Sight deposits
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General govt primary cash surplus at 7.15 bln in Nov, arrears reduced further
EconomyMacroeconomytaxes dropped by 2.2 percent to 42.51 billion, while social security contributions rose by 5.6 percent... for 21.6 percent of the total. Arrears Arrears to the private sector (including tax refund arrears..., total arrears have declined by almost 1 billion euros. This was driven by declines in SSFs and tax
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Newsletter 164 -01/06/2018
billion euros (10.6 percent of the total). Overall, 839,891 debtors fall into this category, an increase... and 30,000 euros each for an aggregate amount of 2.98 billion (9.3 percent of the total). The number of debtors in this bracket rose by 1,534 to 136,888. Over one fifth of the total debt (21.7 percent
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Newsletter 198 -15/03/2019
that Greek authorities are set to agree that the total value of the property owned by the applicant must... in 2019, up from 2.1 percent last year. Growth is seen slowing down to 2.2 percent next year and 1.6.... The latest monthly headline figure interrupts eight consecutive months of positive growth. The total
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Building permits increase by 4.7 pct in June
EconomyMacroeconomyin May, Hellenic Statistical Authority (ELSTAT) data released on Thursday showed. The total number... months of the year, building permits rose by 1 percent. Total permits in the aggregate period stood... crisis hit and the construction downturn began. At 15,325 permits, the total for 2018 has surpassed
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Newsletter 229 -22/11/2019
fiscal targets of 3.5 percent of GDP up to 2022 and averaging 2.2 percent after that. It also envisages... the first ten months of the year, total expenditure came to 42.46 billion, landing below target..., which took the overall travel balance to 14.03 billion, equal to a rise of 12.2 percent YoY. In total
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