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  1. Launch of new insolvency process may carry political significance
    Photo by MacroPolis

    PoliticsGreek Politics

    All eyes in Athens were on the visit of Turkish Foreign Minister Mevlut Cavusoglu on Monday, but on the domestic front the Greek authorities are preparing for the implementation from Tuesday of the new insolvency framework, which includes an end to the ...

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  2. BoG: Growth could be 2 pts lower than expected, inflation may reach 7 pct
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    In the governor’s annual report released on Thursday, the Bank of Greece (BoG) assesses the impact of the Ukraine conflict on Greek macro data, with the baseline scenario of growth now lower by one percentage point and inflation notably higher. BoG pres...

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  3. Scant recognition of energy crisis in draft climate law, but EU package may force tougher targets

    PoliticsGreek Politics

    Greece’s first climate law made its way to Parliament this week, with only minor changes in light of public consultation and the unfolding energy crisis. The legislation was tabled on the same day that the European Commission presented its REPowerEU pac...

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  4. Mitsotakis tries to move on from Samaras row but more fallout may follow
    Image: @kmitsotakis

    PoliticsGreek Politics

    Prime Minister Kyriakos Mitsotakis has attempted to draw a line under his spat with former Premier Antonis Samaras, but the matter is likely to run as long as the former New Democracy leader does not make his intentions clear now that he has been ousted...

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  5. In the absence of light, darkness grows
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    vote – or at least the version it wants to make public – is nonsense. This interpretation may be understandable as part of an effort to put a positive spin on the outcome of the May 25 ballot... of the recent elections. From May 26 it was business as usual: New Democracy, PASOK and SYRIZA all

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  6. S&P downgrades Greece, sees economy shrinking by 1.5 pct in 2015

    Economy

    that the government may exert moral suasion for an increase in T-Bill holding of banks’ insurance... and pensions in cash (rather than non-negotiable IOUs) despite weakening public revenues. Mid-May watershed In S&P's view, if the stalemate between Greece and official lenders is not resolved before mid-May

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  7. Newsletter 38 - 07/08/2015

    Newsletters

    for talks For deal by Aug 20, Parliament must vote on Thursday Developments over the weekend may decide...% Greece’s seasonally adjusted unemployment rate fell to 25 percent in May, which is the lowest... percent month-on-month (MoM) in May, while the number of jobless fell by 1.3 percent MoM. May’s

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  8. Newsletter 298 - 28/05/2021

    Newsletters

    case the fear may be more pronounced because the scars of the country’s previous crisis had barely... rises to 108.6 pts in May Industry confidence hits hightest level since 2007 Greece’s economic sentiment (ESI) rose sharply in May by 10.7 points to 108.6 points, following a 1 point month-on-month rise

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  9. Apart from bailout review, plenty to keep Tsipras busy in autumn

    PoliticsGreek Politics

    possible friction between his loyalists and the 53 but the congress may trigger a more overt rivalry...With the summer holidays winding down, focus in Greece is gradually shifting to the varied tasks... year. Tsipras’s other goal in holding the meeting is to try to create a united front on economic

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  10. Greek banks push for return to normality

    EconomyBanking

    in May. As a result, the outstanding balance decreased to 178.87 billion from 179.33 billion in May... -279.1 million in May. In June, the corporate lending balance in particular was positive by 1.05 billion euros, reversing a negative flow of 169.2 million in May. The household lending sector’s negative

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