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PM set to prolong coal use, sparking complaints about energy policy U-turn
PoliticsGreek PoliticsA decision to prolong the use life of several coal-burning power stations has put Prime Minister... time the New Democracy government has openly acknowledged that it may not be able to deliver on its... to disguise windfall profits. The opposition party has been claiming that energy companies have made 1.5 bln
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Expulsion of diplomats moves Greece further away from Russia, focus turns to energy
PoliticsForeign Policy. Since the bombardment of Mariupol, Athens has been considering expelling Russian diplomats but delayed... side has been explaining to the Russians that this has not been their purpose and that certainly
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Enhanced surveillance concludes, but more reforms and tougher fiscal targets lie ahead
EconomyProgrammeGreece has been operating under since the summer of 2018, was released yesterday, signaling the end of another chapter in the Greek crisis. The European Commission, which has been overseeing the process... concludes that Greece has taken the required steps to achieve the bulk of the commitments to its
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Economic sentiment improves to 108 in May, consumer confidence also recovers by 4 pts
EconomyMacroeconomysentiment has been on the mend for a while, having recovered from the decline during the pandemic... following the pandemic, has hit some turbulence. The index rose by 4 points to -51.3 points... in May, from 104.7 points in April, recording a notable recovery. The EEI has dropped by 4.6 points
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OECD lowers 2022 growth forecast to 2.8 pct as challenges mount
EconomyMacroeconomysustainability. The OECD notes the limited direct impact that the Ukraine conflict has on the Greek economy... were only 1.1 pct of Greek travel receipts last year. The global environment, which has been... yields, although the ECB has pledged continued support in the event of market fragmentation. The path
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Parties trade accusations over alleged interference in institutions
PoliticsGreek Politics. There has been further friction in the relationship between the government and the president of Competition... institutions. The timing of the announcements has raised questions about their potential impact on the next... came to power in 2019, although trust has declined amongst all political persuasions in the past
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Turkey and Western Balkans top Greek agenda at European Council
PoliticsForeign PolicyThe government in Athens has launched a series of diplomatic contacts as part of its strategy..., Mario Draghi in Rome, on Wednesday. Athens believes that most EU capitals realise that Turkey has... Minister Mario Draghi, who is planning to visit Turkey in early July, has called Recep Tayyip Erdogan
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Athens braces for Erdogan bargaining at NATO summit
PoliticsForeign Policyarguments Greece has used to reply to such claims by Turkey at the United Nations. Additionally, the Greek... sources rejected the allegations as baseless. Economou stated that Ampara has “nothing to do... man of Greek origin has been reported missing from his family since May. Moscow retaliation Moscow
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Economic sentiment drops by 3.7 pts in June as all components deteriorate
EconomyMacroeconomy. Economic sentiment has been on the mend for a while, having recovered from the decline during..., which began following the pandemic, has hit some turbulence and over the rolling 12-month period... in June, from 108.2 points in May. The EEI has dropped by 4 points in the rolling 12-month period
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Universities bill expected to pass despite many critics and united opposition
PoliticsGreek Politicsof the political criticism has been focussed on what is seen as the ushering in of private sector... has an outstanding conviction in his home country for setting up an illegal gambling operation. A report by investigative journalism site Inside Story revealed that Yasam Ayavefe, who has extensive
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