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Govt puts focus on handouts, migration to take heat off surveillance affair
PoliticsGreek PoliticsWith the opposition intent on cornering Prime Minister Kyriakos Mitsotakis over his management of the intelligence service and the surveillance of politicians and journalists, the government is focussed on pulling together an economic package which it h...
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Electricity price shock, pressure on phone-tapping take shine off surveillance exit
PoliticsGreek Politicsinto the autumn, as it tries to structure its last economic package en route to the next elections
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Business transformation paying off as Eurobank records 932.3 mln profit in 9M
EconomyBankingEurobank posted an adjusted net income of 932.3 million euros in the nine months of 2022 (9M), compared to a profit of 297.5 million euros last year. Core pre-provision income (PPI) rose by 17.7 percent year-on-year (YoY) in 9M to 794.6 million euros, w...
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Budget starts year where it left off in 2022, beating target by 618 mln in Jan
EconomyMacroeconomyThe budget primary balance in January this year came to a surplus of 2.77 billion euros, compared to a surplus of 15 million euros in the same month of 2022, according to the preliminary Finance Ministry (MoF) budget execution data released on Thursday....
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Consumer confidence takes off in May as rest of sectors deliver mixed data
EconomyMacroeconomyGreece’s economic sentiment (ESI) recorded a minor drop of 0.6 points in May, falling to 108.1 points, after rising by 1.9 points in April, according to European Commission figures released on Tuesday. Sentiment has been improving in five of the last se...
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SYRIZA leadership contest off to slow start, as ND rushes to contain political damage from fires
PoliticsGreek PoliticsThe contest to succeed Alexis Tsipras at the helm of SYRIZA looks set to gather momentum with the launch of a campaign aimed to generate engagement in view of the September leadership elections. Leadership hopefuls have been sketching out their visions ...
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Governing party MPs rally around ex-transport minister to fend off opposition attacks
PoliticsGreek PoliticsNew Democracy politicians presented a united front defending the government against a censure motion triggered by its handling of the deadly Tempe rail crash. Their fulsome support for resigned transport minister Kostas Karamanlis brought condemnation f...
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Greek, Turkish FMs keep ties on even keel as OSCE cooperation pays off
PoliticsForeign PolicyThe main takeaway from the meeting between Foreign Minister Giorgos Gerapetritis with his Turkish counterpart Hakan Fidan, last Wednesday in Brussels was that Athens and Ankara are in agreement over the need for restraint regarding any actions that caus...
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ND in danger of being blown off course by farming subsidy scandal
PoliticsGreek PoliticsThe details of the investigation by the European Public Prosecutor’s Office (EPPO) into the livestock farming subsidy scandal that have leaked to the local media since the case file was sent to Parliament this week paint a rather grim picture for the ru...
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Government's ongoing stand-off with livestock breeders heralds resurgence of farming protests
PoliticsGreek PoliticsPM Kyriakos Mitsotakis met with livestock breeders in an effort to put out the dying embers of the farmers’ protests that have troubled him for weeks, but with questions still being asked about the government's approach to sheep pox. Representatives of ...
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