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Question mark over pension cuts in 2019 draft budget as Athens looks to lenders
EconomyProgrammeon Monday as it steps up its efforts to scrap the measure, which was pre-legislated last year. A senior... as part of the effort to back up its argument, which is based on the premise that Greece continues... on the creditors’ side about the government’s efforts to speed up and encourage an increase to the minimum
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Second post-MoU review set to begin as Athens eyes return to bond markets
EconomyProgrammeby the European Central Bank and eurozone central banks. Among the issues that will be up for discussion... to give more handouts in the run-up to elections. Another issue that will be high up on the agenda...-of-court Estia scheme in Cyprus, which involves the state partly subsidising mortgages. The new model
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Athens poised to unveil new minimum wage as post-MoU review continues
EconomyProgrammeis seen as one of the most important loose ends that needs to be tied up in the coming days... to model on the Cypriot Estia programme that includes loan subsidies for owners who are having difficulties keeping up with mortgage repayments. The institutions are also reportedly concerned about
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New government looks for way to open discussions with Turkey
PoliticsForeign PolicyUniversity in Istanbul in front of a map that depicts nearly half of the Aegean Sea and an area up... was strongly opposed to the Prespes Agreement, has now ended up demanding that Skopje fully implements... relationship, but the other side has to come up with the capital – we have to see capital in the form
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Energy bill also unveiled as legislative activity intensifies
PoliticsGreek Politicscontains measures aimed at ensuring that Greece adopts the European Target Model for the energy sector... review, the voting of the Asset Protection Scheme (Hercules) and the wrapping up of the negotiations... through Parliament in the next couple of weeks. SYRIZA picked up on this point in its official
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Fitch raises Greece to 'BB,' two notches from investment grade, sees growth at 2.5 pct in 2020
Economymodel. In its macroeconomic outlook, Fitch sees Greece growing by 2.5 percent this year and in 2021, following an expected 2.2 percent rise in 2019, assisted pent-up investment demand, lower... in the banking sector, that assisted by the Hercules Asset Protection Scheme (APS) will see banks using up
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Authorities turn focus back to Covid-19 compliance as latest numbers trigger concern
PoliticsGreek PoliticsThe authorities are stepping up their efforts to encourage Greeks to take greater care... if this trajectory continues. A model put together by the Aristotle University in Thessaloniki and two.... It starts from 90 pct of the instalment in the first quarter and ends up at 70 pct in the third quarter
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NBG results show net profits of 465 mln euros on strong income
EconomyBanking. Total income came to 1.46 billion in H1, up by 69 percent YoY. Deposits in Greece reached 43.3 billion... level. Net fee and commission income came to 123 million in H1, up by 3 percent YoY. On a quarterly... stands at 15.9 percent in Q2, up by 40 bps QoQ, aided by quarterly profitability, FVTOCI gains
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We can't ignore population shifts within the European Union
AgoraWall and the Iron Curtain in the early 1990s, whereupon the eastern European countries opened up... with time. The UN is expected to come up with a new prognosis sometime in 2021. The Central Bureau... or sex discrimination, etc., then trust in society and politics will deteriorate. This sets up
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Why is it taking so long for the pandemic to end in North Macedonia?
Agoraof 2020 to the end of June 2021. In the given period, according to the model of expected mortality, I... to suddenly start trusting a corrupt system where the law does not live up to its task. We cannot persuade... are freeing up beds in the intensive care units for those elderly citizens who have not developed a good
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