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Govt prepares new round of economic relief as Covid remains a threat
PoliticsGreek Politicspersistence has thrown off New Democracy’s initial planning for 2021. The government had hoped... to 735 on Sunday, the highest it has been since the start of the pandemic. New Democracy is hoping... a full reopening a week later. The difficulty in getting the virus under control has upset the government
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European Commission evaluates impact of bailout programme
EconomyProgramme, while the government has committed to present further measures effective as of the beginning of 2016... compared to the bottom decile. Thus, EC has considered that the increase in the VAT rate on restaurants and catering would have positive distributional effects. The document underscores that Greece has
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Labour agreement hailed by government as restoration of pre-crisis rights
PoliticsGreek Politicshas also allowed Mitsotakis to present New Democracy as a party of both employers and workers... party figures by allowing them to evade questioning in the inquiry. PASOK has also accused... to muddy the waters. The latest twist is indicative of the climate that has developed around the inquiry
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ND walks tightrope with 2022 budget, looks for answer to inflation
PoliticsGreek Politicsare that growth expectations for 2022 will be trimmed. The forecast in the MTFS was 6.2, but has... accused of being too quick to opt for belt-tightening before Greece has fully overcome the effects... to reports. This will be achieved by winding down most of the existing support initiatives and through
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Parties at odds over private universities as ND faces nepotism accusations
PoliticsGreek Politicswith the Constitution” for the benefit of private interests. SYRIZA president Stefanos Kasselakis has had to take a more nuanced position, given his own educational background in the US. Kasselakis has... enterprises that undermine free state-funded university education. Androulakis has to manage internal
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Has external competitiveness been fixed in Greece?
Agorapandemic further underline this interplay. Greece has made large efforts to reform the economy... in difficult rounds of cuts. In fact, the turnaround has been so big that costs have been reduced and inflation has turned negative. Greece continues to seek ways to bolster overall efficiency
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The government decisions that could shape the future of Greek banks
Economyonly on resolutions related to increase or decrease of share capital, merger, split-up or winding up.... Deputy Prime Minister Yiannis Dragasakis has stressed that the government will not undermine private... was perceived as market-friendly by the investment community since Karamouzis has served as Eurobank
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Probe into LAOS leader could spark contest for party's voters
PoliticsGreek Politics), has been but in doubt after it emerged that he is a suspect in a bribery case involving military... investigated by a parliamentary committee. The LAOS leader denies any wrongdoing and has insisted he will remain in charge of the party. However, his political prospects seem bleak. Karatzaferis has followed
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What is SYRIZA planning to do with Greek banks?
EconomySYRIZA leader Alexis Tsipras has repeatedly outlined the party’s immediate economic policies which... related to increases or decreases of share capital, mergers, split-ups or winding up of banks... has suggested in its 3-pillar programme the settlement of household and business bad loans
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Exclusion from QE confirmed, only ECB's reinvestment programme left
EconomyProgrammeprobably being the country that needed it the most. The ECB’s QE programme is already winding down... billion until the end of the year when net purchases are expected to end. The ECB as of June 2018 has...-lived as the scheme would conclude in a matter of months Greece has just over 50 billion euros
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