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ND steps up efforts to build island detention centres for migrants
PoliticsGreek Politicstightened up the asylum law, started creating an official register for NGOs and is trying to step up..., Migration Policy Minister Notis Mitarakis said that a Returns Directorate would be set up as part... up with convincing alternatives to the government’s approach and that just highlighting the misery
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Govt looks for positives as it steps up vaccine rollout
PoliticsGreek Politicsto perform up to 2,400 vaccinations a day, while the one in Thessaloniki will be able to deliver 1,000 vaccines a day. The authorities aim to step up this number to 5,760 per day and 6,480 per day... on, the government is also flagging up its intention to proceed with a range of reforms. In an interview with Ta
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Challenges piling up for govt as spokesperson departs
PoliticsGreek PoliticsThe difficulties faced by the government are piling up as Covid-19 continues to be a threat... intends to keep up the pressure on the conservatives over this issue, by submitting questions about... of the opposition parties have lined up against the government and several legal experts and moderate
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New pension legislation aims to speed up operations at overwhelmed EFKA fund
PoliticsGreek Politicsapplications despite recent efforts by the government to speed up processing by bringing in lawyers.... The number of total retirements in the economy will exceed 200,000 in 2021, with applications up.... Among the planned changes are a shake-up of the procurement system and the introduction of a new
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Opposition parties step up pressure after back-and-forth over election date
PoliticsGreek Politics, at least for now, but the opposition parties are showing no appetite for letting up in their efforts... weeks, building up to the appearance of SYRIZA leader Alexis Tsipras at the Thessaloniki... up by any of the recent opinion polls, although they do suggest that New Democracy might not have
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Tourism shrinks June current account deficit, but goods deficit shoots up in H1
EconomyMacroeconomyperiod of 2021 The goods balance showed a deficit of 17.9 billion euros, up from 10.87 billion euros up... goods deficit was 12.75 billion euros, from 9.13 billion euros in 2021. The travel balance up to June... 5.13 billion euros, up from 1.19 billion euros in 2021 and 733.8 million euros in 2020.
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Despite boost from travel, current account deficit hits 9.74 bln in Jul, up 43 pct YoY
EconomyMacroeconomya deficit of almost 21 billion euros, up from 13.1 billion euros up to July 2021. The oil deficit... billion euros, from 10.69 billion euros in 2021. Up to July, the travel balance came to a surplus of 7.71 billion euros, from 3.03 billion euros in 2021. Travel receipts were 8.85 billion euros, up from
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Job market slows this year as 67,202 fewer jobs created up to Oct
EconomyMacroeconomyand termination of contracts. Layoffs are up by 31 percent compared to last year, as all Covid-related measures preserving jobs have been wound down. Hires were up by 13,878 jobs compared to October last year, while departures are up by 59,686. The proportion of hirings for full-time work came to 44.7 percent
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SYRIZA gears up for looming elections as poll gap narrows
PoliticsGreek Politics, the main opposition party is gearing up for the upcoming election campaign. SYRIZA’s political... its backing edge up from 23.7 to 24 pct. Although this still means that the gap between the two... of undecided voters, though, is up from 8.5 to 9.3 pct. The cost-of-living is seen as a major concern
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After 2021 balance sheet clean-up, Alpha Bank turns profit of 398 mln in 2022
EconomyBankingimpairments and transactions related to the balance sheet clean-up for a total of 3.2 billion euros.... Core pre-provision income (PPI) in 2022 was 841 million euros, from 795 million in 2021, up by 6 percent. Asset quality Following a very busy 2021 in terms of the balance sheet clean-up, the NPE stock
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