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ESM report highlights programme weaknesses, outlines improvements for future bailouts
EconomyProgramme, an independent evaluation of the Greek bailout programmes. The review was led by ex-EU Commissioner Joaquin... the second Greek rescue package granted by the EFSF. The report focused on five key areas: Relevance... that the “overall objective of the Greek programmes was to preserve the integrity of the euro area
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Greece's ongoing divestment from banking sector creates new lender, stirs controversy
EconomyBankingThe deal for the merger between Attica Bank and Pancreta raised more questions than the Greek... to reduce its participation. Attica Bank was the last bank in which the Greek state had a majority shareholding via the Hellenic Financial Stability Fund, with a stake that exceeded 72 pct as the Greek
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Greece's public healthcare in a muddled and troubled state
EconomyFeaturessupply contracts, with Greek hospitals paying up to three or four times for medicines compared... excluding social security funds). In December 2015 the Lancet reported that the Greek government owes... in Greek pharmacies compared to the lowest global price of the vaccine which is around 2.80 euros per dose
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The SEKAP case and extrajudicial debt restructuring
LegalThe law (N. 4469/2017) recently adopted by Greek Parliament, which was published on May 3..., the Greek tobacco company of the Xanthi region which was privatised in 2013 and is now owned... originated from the company’s factory. This case cost the Greek state millions in taxes and duties. Given
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Athens expects tension with Turkey to drag on as chances of talks fade
PoliticsForeign Policyplaced the Greek region of Western Thrace into the broad range of his claims. Clearly annoyed... of the persistent effort to turn public opinion in Turkey against Greece. A Greek government source said... claims from Turkey in May. However, Athens will not rush to send a new response to the UN. The Greek
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Amid virus gloom, govt lines up support for catering and targets swift upturn
PoliticsGreek Politicsbusinesses are facing huge debts and there has not yet been any discussion about writing off some of what... in working capital in the form of grants. The main eligibility condition is a 30% drop in revenues
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The education of Alexis Tsipras
Agoraof change is blowing through Europe,” Iglesias told the crowd in rudimentary Greek. While that may have..., largely due to Tsipras hauling it out of the fringes of Greek politics. Outwardly, though, Tsipras... they collapse in failure. Choice of president Those hoping for a radical departure in Greek politics
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Latest BoG report sees sustained growth, range of challenges
EconomyMacroeconomyconditions, Greek government bonds benefited from continued sovereign credit rating upgrades, attracting strong foreign investor demand, and containing yield pressures. Greek banks and non-financial...The latest interim monetary policy report published by the Bank of Greece sees the Greek economy
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Migration opens new front for government after Libya snub
PoliticsGreek Politicsand closing off routes to legalisation. The government in Athens has reacted to the diplomatic... the coastguard would have to resort to tougher measures. The Greek navy has already sent frigates to patrol... the snub from Beghazi is seen as a source of embarrassment in Athens, where Greek diplomacy had been
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With onerous measures looming, Tsipras seeks talks with opposition leaders
PoliticsGreek Politicsmeetings between the prime minister and all the party leaders are rarities in Greek politics. One... an overhaul of the Greek pension system without the direct backing or tacit support of these three... pension system is something that pre-dates SYRIZA’s arrival on the scene by many years. If New Democracy
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