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New twist in Hellinikon saga as Lamda goes it alone
Economyby Greece’s Latsis family, as the main driving force behind what has turned into an emblematic investment... that the disagreement was in part about the management of the project, while it has also noted that the foreign... increase. Lamda has estimated the total investment in the old airport site will reach 8 billion
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Newsletter 220 -20/09/2019
in Parliament as soon as it gets the green light form Brussels. The report adds that the government has..., as the main driving force behind what has turned into an emblematic investment for the country..., along with ECB funding rising by 6 million. In the year so far, Eurosystem funding has declined
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Strikes greet labour measures
PoliticsGreek PoliticsYiannis Vroutsis has called the bill a strike in favour of employees and law-abiding employers... highest union body, has complained about the lack of advance consultation, calling the bill... temporary management and unable to declare a strike, it has called on some 150 federations and labour
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Athens looks to overcome APS snags as it awaits green light from Brussels
EconomyBankinghas to receive the all clear from DG Comp in Brussels, which is particularly focused on ensuring... there has been no official comment on this from either side, reports on Thursday suggested that the government has decided to give Finance Minister Christos Staikouras oversight of the plan, although
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Athens sets out debt management strategy for 2020, reopens 10-year bond
Economythe benefits from the record low yields that Greece has been enjoying during the second part of the year..., and falling below 10 billion by the end of 2020. The PDMA has hinted that it would like to lock..., with a yield of 3.9 percent. The bond has rallied since issuance and its latest price yields 1.4 percent
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Building permits increase by 18.5 pct in July
EconomyMacroeconomyby 21.8 percent. Greece’s construction sector has remained subdued in recent years as both private... and the construction downturn began. At 15,325 permits, the total for 2018 has surpassed the total... to the same month last year, construction confidence has fallen by 1.7 points.
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Athens prepares to send draft budget to Brussels, lines up next tax measures
PoliticsGreek PoliticsThe government is hoping to wrap up on Monday the budget negotiations it has been having over..., the government also has to take into account the recent rulings by the Council of State regarding.... The potential fiscal challenges ahead mean that the government has tempered its pledge
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Athens waits for EU action on Turkey and Greece's Balkan neighbours
PoliticsForeign Policyto Turkey or the freezing of certain EU-funds. Turkey’s offensive in Syria has given rise to serious... sanctions against Ankara. “We regard Turkey as an equal. If Turkey has the illusion of being a powerful [state] addressing a powerless interlocutor, it’s making a big mistake,” Dendias has added. EU leaders
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Development bill adopted as ND targets investment and growth
PoliticsGreek Politicsenvironmental and other standards. There has also been concern over the labour market deregulation measures included in the package. “The development bill is the capstone in a strategy that has been... in power, showing that it has always been in favour of making Greece more business friendly
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Latest T-bill auction highlights shift in Greek yield curve
Economyhave dropped and how demand for Greek debt instruments has risen is that the previous auction... times, attracting 1.54 billion euros. The appetite for Greek debt has shifted the entire Greek yield... benchmark has crossed the 1.2 percent threshold, standing at 1.18 percent, compared to 3.38 percent six
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