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Unease mounts as Greece prepares to implement EU-Turkey refugee deal
PoliticsForeign Policy. The government has so far tried to maintain a minimal police presence at camps and hot spots but is currently... as the prospect that migrants will react angrily to being forced onto ships headed for Turkey, has led to the Greek police drafting in more personnel on the islands and at Idomeni. There has also been
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Athens in quandary over IMF as Fund's role in bailout is firmed up
PoliticsGreek Politicsthe Fund has not changed and that it has to be involved in the talks. Where there was a difference... with the IMF's position, so the New Democracy leader will attempt to show that he has different ideas about
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Greek tax wedge remained far above OECD average in 2015
EconomyMacroeconomypercent. The comparison for single-earner married couple with two children shows Greece has the 6th... 39.1 percent in 2000 to 39.3 percent in 2015. Over this period, the respective OECD average has dropped by 0.7 pp. The OECD notes that there has been high volatility in the Greek figure since 2010
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Greek-Turkish relations back in focus amid overflights and NATO chief's visit
PoliticsForeign Policy. The Greek Foreign Ministry has grown increasingly concerned by the air space violations. Greek diplomats... Ankara has rejected any alliance operation, but also in territorial waters. Ministries split Defence... moderate. Tsipras is no stranger to having to deal with Kammenos’s more aggressive line, which has
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Significant fall in migrant arrivals but camp conditions a growing concern
PoliticsGreek Politicsthat the EU-Turkey agreement has had an impact even though only a handful of refugees and migrants... statement on Wednesday, EU border agency Frontex now has 1,074 staff in Greece but the European Asylum... and the limited resources that the Greek government has committed or is able to commit towards managing
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Demand for hospitals' reserves raises concerns about govt's liquidity position
Economyto consumption and non-allocated expenditure, social protection and grants to hospitals. Greece has paid.... Greece has to repay on July 20 2.31 billion euros in bonds held by the ECB. The practice that has been
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Substantial ground for Greece and lenders to cover before May 9 Eurogroup
PoliticsGreek Politicsto support the basic package of 3 percent of GDP in austerity measures. This has led to Athens... April. According to a report in To Vima, Finance Minister Euclid Tsakalotos has proposed that these cuts... ahead until the Eurogroup on May 9. The Greek side has not ruled out the possibility of a high
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Greek effort to heal rift with Balkan neighbours may have come too late
PoliticsForeign Policythe diplomatic initiative earlier. Apart from FYROM’s border closure, Bulgaria has also strengthened the police and army presence on its frontiers and has sent a clear message that it will not allow a migrant “corridor” to central and northern Europe to pass through its territory. Albania, meanwhile, has
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Davutoglu departure prompts concern about Turkish unpredictability in Athens
PoliticsForeign Policythe danger of a major incident in the Aegean, arguing that Turkey has used such events during periods... conducts the so-called "exploratory" talks with Greece and has enjoyed Erdogan’s confidence for many.... Davutoglu has been a major factor in Turkey’s positive stance when the Annan Plan for Cyprus
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Eurobank turns profitable in Q1 for first time since Q3 2011, with net profit of 60 mln
EconomyBankingin Q4. The bank has guided for a cost of risk below 2 percent for the whole of 2016. On the asset... in December, while has slipped to 22.8 billion in May. The breakdown shows ELA funding currently stands at 18.1 billion and ECB funding at 4.7 billion. A part of the previously used Euroystem funding has
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