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Greece offers Turkey earthquake support, recalling 1999 thaw in relations
PoliticsForeign PolicyMitsotakis. The 7.8 magnitude quake has awakened memories of the 1999 deadly earthquakes in Istanbul... efforts, that is to provide assistance on top of the Greek rescue mission that has already been... in the first phase of Greece’s aid. Earthquake diplomacy It has been almost a quarter of a century
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ND warns of fiscal risk from SYRIZA pledges as Tsipras takes heart from Cyprus polls
PoliticsGreek PoliticsNew Democracy has been picking apart SYRIZA’s economic programme, accusing the left-wing opposition... of two air force pilots during a training exercise last week. ND has used SYRIZA’s decision to vote... approach, an argument captured in his claim at Monday’s rally that “the upset has already happened
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Opposition frets over foreclosure decision as ND casts net for new faces
PoliticsGreek PoliticsAccording to reports on Friday, the Supreme Court has ruled that funds and servicers can trigger... government’s term, as had been agreed with Greece’s creditors. New Democracy has tried to avoid... it has proved the “most successful tool of the last 12 years for settling private debt.” ND casts net
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Survey highlights households struggling with cost of living, delivers worst outlook since 2019
Economyallocate more on utility bills, while 65 pct now spend more on food. Heating has also gone up for six.... There was also a rise in the portion of the population that has arrears with tax and social insurance... and levies. More than six in 10 said that the “household budget” initiative of the government has
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Blinken visit highlights Greece's growing role as key regional partner
PoliticsForeign Policy. The Souda naval facility has a special significance for the US Navy located in Southeast Europe...,” Blinken noted. Following Russia’s invasion of Ukraine, the new geopolitical context has revived... opportunities in the Eastern Mediterranean. Greece has been also seen as a key partner of the US
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Minister pledges swift resolution as public anger over rail crash mounts
PoliticsGreek Politicssustained public anger over the crash, which has found expression in multiple demonstrations in the days... the country. The policing of the demonstrations has already caused controversy, after a heavy-handed... to a coordination meeting with the police. Theodorikakos has come under fire repeatedly during his term
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Moody's keeps Greece three notches from investment grade, improves outlook on back of growth potential
EconomyAs expected, Moody’s kept Greece’s credit rating at ‘Ba3’ on Friday, while it improved the outlook from stable to positive. Moody’s has not taken an upgrade action since November 2020 and has Greece... the country’s sovereign rating one notch behind what the government has described as a “national goal
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Athens offers continued, but limited support to Ukraine, while seeking balance with China
PoliticsForeign Policy. According to press reports, Greece so far has also provided instructors for Ukraine’s special forces and tank operators within its NATO commitments. But the Greek side has excluded the possibility... the newfound cooperative spirit between Greece and Turkey. Greece has refused to send any of its Soviet
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Athens hoping Turkish election result leaves room for relations to continue improving
PoliticsForeign Policystanding against incumbent Recep Tayyip Erdogan, who has been ruling the country for the last two decades... part of its territory. Both sides claim that this has created a significant opportunity... the elections whether it has a real intention to have relations with the West or will turn
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PDMA nears completion of annual debt strategy, taking another cautious step
Economyin 2037 for 150 million euros. The 10-year has a coupon of 4.25 pct and the yield in yesterday’s..., with offers of 1.7 billion euros and 4.31 pct yield. The 15-year has a coupon of 4 pct and yesterday... has issued two new bonds this year: A 10-year for 3.5 billion euros in January and a 5-year for 2.5
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