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Mitsotakis targets reforms, but day-to-day challenges set to dominate agenda in 2024
PoliticsGreek PoliticsHaving reaffirmed his government’s commitment to reforming and modernising Greece in his New Year message, the pressure is on Prime Minister Kyriakos Mitsotakis to show that New Democracy can deliver on this pledge during 2024 and maintain the political...
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Close to 32 mln visitors by Nov as 11-month travel receipts set record
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 206.2 million euros in November, from 1.5 billion euros in October, according to Bank of Greece (BoG) data released on Monday. November’s balance was 3.9 percent higher than the 198.5 million euros registere...
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Stage set for censure motion as Parliament votes to review charges against deputy minister
PoliticsGreek PoliticsThe Greek Parliament approved on Tuesday night the formation of a preliminary inquiry into the role of Deputy Civil Protection Minister Christos Triantopoulos over the handling of the Tempe train crash site in the days after the fatal accident two years...
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Strong set of 2024 fiscal data provides space for voter-friendly handout package
EconomyMacroeconomyELSTAT published on Tuesday the latest fiscal data for the 2021 to 2024 period, recording a significant primary surplus that was accompanied by an announcement from PM Kyriakos Mitsotakis of a surprise handout package worth 1.1 billion euros in support ...
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Housing costs, food prices set limits to impact of tax cuts
EconomyThe Greek government’s efforts to shift the narrative and change its political fortunes are crashing against the realities on the ground as reflected in the frequent data releases from Eurostat and ELSTAT. Months of communications build-up around the Th...
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Seabed surveys for GSI set to pose next test in Greek–Turkish relations
PoliticsForeign PolicyThe planned resumption of seabed surveys for the Great Sea Interconnector (GSI) is rapidly emerging as the next major test in Greek–Turkish relations, as Athens prepares to restart work on the electricity link between Greece and Cyprus while rejecting A...
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Opposition frets over foreclosure decision as ND casts net for new faces
PoliticsGreek Politicsborrowers be protected from foreclosures. The issue of primary residence protection is politically... stepped in with its own legislation to protect primary residences. She claimed that funds will now... residences and introduce a new legal framework regarding debt settlements. Third party PASOK also warned
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Greece takes on EU presidency and some significant challenges with it
PoliticsGreek Politics. This was one of the main issues that Finance Minister Yannis Stournaras focussed on as he set out Greece... and get Greece out of its lengthy recession. For this reason, the Greek presidency has set limited... will not attempt to focus on issues that could benefit Greece. One area of particular interest
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Greece is gasping for a deal
Agorapayments. This has left the new government, which is still unable to agree on a set of reforms... that the prolonged uncertainty is having on the real economy has gone somewhat unnoticed. One clear effect... ratings by one notch to “CCC+/C”. It estimated that the Greek economy has shrunk by 1 percent over
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Newsletter 33 - 03/07/2015
, there is still a considerable number of citizens with only one savings account from which they now can... the target was set (by the previous government) at a high level of 6.43 billion, which also incorporates... income declarations have already been submitted, while the deadline, initially set for 30 June
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