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Lenders conclude 'productive' talks on fifth review but issues remain as Athens targets fiscal space
EconomyProgrammeit introduced is rather modest and has barely touched the middle class, which was meant to be one... notably the low interest rates that Greek sovereign debt has been enjoying over the past year... their argument that the 3.5 percent of GDP surplus goal has been made redundant by developments
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Retail turnover increases by 4.1 pct in Nov, volume up by 3.1 pct
EconomyMacroeconomya slightly upward revised increase of 7.2 percent in October. As with sales, the volume index has turned positive six times in the first 11 months of the year, and has stayed positive for four... and came to -10 in January. Compared to January 2019, consumer confidence has shown an improvement
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Italian support over Libya buoys Athens as it looks to build broad East Med alliance
PoliticsForeign Policythat Rome appears ready to address this longstanding matter, which has to do with the conversion... that the Italian side has many ideas, including another meeting resembling the one that took place in Palermo in November 2018, which could be supplementary to the Berlin process. Athens has
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Greece faces dilemma over how to address relations with Turkey
PoliticsForeign Policy, a subject Greece has avoided even discussing. However, decisions on these matters are more complex than they seem. An appeal to the Hague should not be considered as a panacea, even though the idea has... last May at the United Nations and this has not stopped Ankara from sending floating drills
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Athens treads softly as North Macedonia heads to elections and EU mulls accession
PoliticsForeign PolicyActing Foreign Minister held an emergency press conference on Sunday. Dimitrov revealed that Athens has... that the Agreement "has made possible North Macedonia's entry to NATO and its strong candidature to open... the EU Council in March. The main reason for this is that the European Commission has recently
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ND steps up efforts to build island detention centres for migrants
PoliticsGreek Politics60,000, were almost double last year compared to the previous two years. The government has already..., saying that it confirms ND has no plans to move asylum seekers away from the islands to the mainland, which the opposition party sees as the main response required. The government has transferred
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Government and local authorities reach impasse over migrant centres
PoliticsGreek Politicsprocedures linked to the measures. The development has led to the cancellation of a scheduled meeting... the situation on the border islands has handed would-be challengers from across the political spectrum... has acted as a spokesman for local communities, is himself a former ND candidate who ran
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Greece, Turkey launch new round of talks as Libya sea deal casts shadow
PoliticsForeign Policy, however, has stated that the posting of the maps by the UN will essentially make the MoU official..., Athens has tried through high-level bilateral meetings and visits by both the Prime Minister... reports, Athens has proposed mutually acceptable processes for the approach and surveillance of military
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PBO sees encouraging signs for economic and fiscal outlook
EconomyMacroeconomythe credibility of the public sector. The credibility that has accrued over the recent past was also reflected... as the ongoing drop in borrowing costs across the yield curve that has led to the 10-year yield... with improved collections, this has brought the situation close to a balance. The new tax debts stood at 8
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Ministry urges borrowers to apply for home protection before scheme expires
EconomyBankingon April 30. Staikouras has been on a media drive to encourage more borrowers to either apply via... of 2019. The MoF has been contacting eligible borrowers to complete or start their applications... and answered by the platform’s support team. In addition, the MoF noted that it has requested
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