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Greek fears about status of historic monastery complicate relations with Egypt
PoliticsForeign Policyruling put in question the ownership of the historic religious site, which is also a UNESCO world... transformation from religious worship site to tourist attraction, as only usage rights – not ownership
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Greece locked in talks with Egypt over monastery, struggles to gain footing in Libya
PoliticsForeign Policyhas emphasised the ancient monastery’s unique value as a UNESCO World Heritage Site, highlighting... is unaffected and the court ruling formally protects the site for the first time. According to an EU
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Surveillance and Tempe cases return to haunt ND, as court probes revive cover-up suspicion
PoliticsGreek Politics-examined by a magistrate’s court in the town of Larissa, close to the site of the 2023 crash. The case... to the discovery of materials from the crash site which were removed without investigation. Relatives
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BoG looks at other programme exits and options available to Athens
EconomyProgrammecredit line. This is in contrast to the strategy that the Greek government is in the process... programme as it also had to deal with a high volume of non-performing loans (NPLs) and its credit rating... another 7-year bond. Credit line The BoG argues that Greece should look into forming
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Card usage gains traction with debit cards leading the way, BoG finds
EconomyBankingwere debit cards. The split between debit and credit cards has remained relatively stable over the last few years, coming to 84 percent for debit in 2018, and 16 percent for credit. The data showed...-paid cards also showed a significant YoY rise of 29 percent. Meanwhile, the number of credit cards
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Greek jobless rate dips to 27.5 pct in Dec but inactive population growing
EconomyThe seasonally adjusted jobless rate slightly eased to 27.5 percent in December from a downwards revised 27.6 percent the previous month, according to the Hellenic Statistical Agency (ELSTAT). The September rate of 27.8 percent now holds the new high. T...
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First Greek presidential vote to set tempo for final ballot on Dec 29
PoliticsGreek PoliticsThe first round of the presidential ballot on Wednesday evening (7 p.m. Greek time) is unlikely to provide any clear indications about whether the current Greek Parliament will manage to elect a new head of state by the final vote on December 29. The go...
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Central gov't cash surplus reaches 1.42 bln in 2014 after 1.19 bln deficit in Dec
EconomyMacroeconomyGreece’s central government primary cash balance posted a surplus of 1.42 billion in 2014 from deficit of 6.72 billion in 2013, according to the Bank of Greece (BoG). However, December recorded a primary cash deficit of 1.19 billion, which is the worst ...
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Greek primary surplus shrinks by 1.7 bln in Dec as revenues miss 2014 target by 3.1 bln
EconomyGreece’s budget execution showed the primary surplus shrinking by 1.7 billion euros in December ending the year at 1.87 billion from 3.57 billion in the 11-month period, according to the Finance Ministry (MoF) final budget bulletin published on Monday. ...
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Greek deposits down 4.2 bln in Dec for highest outflows since June 2012
EconomyMacroeconomyGreek private sector deposits fell for the third straight month in December, when they declined by 2.4 percent month on month (MoM). Balances reached 160.29 billion euros, according to the Bank of Greece (BoG). The MoM drop is the highest since June 201...
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