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Greece faces dilemma over how to address relations with Turkey
PoliticsForeign PolicyGreek-Turkish relations are still hanging by a thread and the government in Athens appears unsure about how to best respond to the revisionist policy Ankara insists on adopting. There are two main schools of thought about how Greece should deal with Turkey’s stance. The first seems to favour stable
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Study calls for sweeping reform of Greek healthcare system
Society. As the study’s authors noted, “this structure cannot continue to work like this if we say we want to reform
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Employment balance negative by 17,318 in January
EconomyMacroeconomyThe employment balance was negative by 17,318 in January according to data from the Labour Ministry’s Ergani information system. Compared to the same month last year, there were 5,015 more people hired than fired. Ergani noted that the month of January has registered a negative balance for each
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Budget primary balance at 498 mln in Jan as net revenues fall short of target
EconomyMacroeconomy, the current month’s underperformance was largely driven by reduced PIB revenues and a rise in tax refunds
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Travel balance surplus up by 10.9 pct in 2019 as 31.3 mln visitors roll in
EconomyMacroeconomyGreece’s travel balance rose to a surplus of 42.7 million euros in December according to Bank of Greece (BoG) data released on Friday, representing a rise of 84.6 percent compared to the same time last year. Receipts came to 288.9 million euros, increasing by 6.1 percent year-on-year (YoY). Travel
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Primary cash surplus at 132 mln in January
EconomyMacroeconomyGreece’s central government primary cash balance recorded a surplus of 132 million euros in January according to figures released by the Bank of Greece (BoG). The cash balance for the same time last year, excluding the financing of the cash buffer, showed a surplus of 785 million euros. The overall
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Sharp rise in M&A activities as 2019 proves record year
EconomyFeaturesand representing a reduction of 29 percent. According to PWC’s data, which begins in 2008, the largest
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Economic sentiment at 113.2 in Feb, strong improvement in services and retail
EconomyMacroeconomyGreece’s economic sentiment (ESI) rose by 3.7 points in February to reach 113.2 points, European Commission (EC) figures showed on Thursday. The EC noted that the ESI figures have been historically revised due to the inclusion of a new component in the reading, the Employment Expectations Indicator
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Deposits drop by 2.16 bln in January
EconomyMacroeconomy’s data shows that January has tended to record a negative deposit balance in all years except
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Budget primary balance confirmed at 495 mln in January
EconomyMacroeconomy, the current month’s underperformance was largely driven by reduced PIB revenues and a rise in tax refunds
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