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Firefighting capabilities beefed up as blazes and water shortages weigh on government
PoliticsGreek Politics. Mitsotakis unveiled the delivery of 164 new vehicles for Greece’s fire service. The upgrade..., the authorities also have 18,000 full-time and seasonal firefighters at their disposal. Although the fire service
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Government feels the heat after two days of catastrophic wildfires
PoliticsGreek Politics” to avoid accountability. The government has also been criticised for understaffing the fire service which... of Germany and Austria which she said use a larger proportion of volunteers to permanent fire service staff
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PM sets out case for third term, surveys global landscape and talks up constitutional reform
PoliticsGreek Politicson private universities to ministerial liability and civil‑service permanence — the interview recast.... PASOK also rejected the government’s narrative on civil service permanence, accusing ND
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Landmark Katseli Law ruling hits lenders, eases borrower burden
EconomyBankingThe Supreme Court’s plenary delivered this week a landmark judgment that reshapes the financial and legal landscape for thousands of indebted Greek households and the institutions that service... of expected inflows. That in turn affects the timing and sufficiency of cash available to service senior
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Left poised for watershed moment as parties adjust to new opposition landscape
PoliticsGreek Politicsprivate universities (Article 16), civil service tenure (Article 103), ministerial accountability... on private universities and civil service reform – by threatening to paint the social democrats
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Piraeus confirms deal with Intrum for 27bln in NPLs as Eurobank launches SPV
EconomyBankingRecovery Banking Unit platform will be transferred to a new servicer company. Eighty percent of the new servicer company will be held by Intrum and 20 percent by Piraeus Bank. The company will enter into an exclusive contract to service the Bank’s existing 27 billion euros NPE portfolio, together with any
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BoG awaits go-ahead from DG Comp over NPL scheme
EconomyBankingto issue a Core II bond. The company will enter into an exclusive contract to service the Bank’s existing 27-billion-euro NPE portfolio, together with any new inflows. In addition, the new servicer... Europe, Eurobank’s licensed NPL servicer, Financial Planning Services S.A (FPS). The bank currently owns
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FDI, rather than tax cuts, holds key to stronger growth rates - study
EconomyFeaturesA study by IHS Markit which analysed the various growth policies and factors that could contribute... for its goods or services Sectors The three industries that ranked most favourably on all five criteria..., real exports of goods and services would be 27 percent higher, and real fixed investment nearly 16
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What Greece imports and why
EconomyFeaturesto be analysed, it became clear that Greece was importing too much. This trend was glaring in the build up... to Parliament, imports of goods and services were listed as having risen by 7.2 percent in 2017. For 2018
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The case of SYRIZA's fiscal performance
Agorahas increased the wage bill, including through a new hiring spurt of civil servants as analysed... experience with Varoufakis. On the expenditure side, SYRIZA 2 cut spending on goods and services
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