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Turkey ratchets up pressure on Greece in wake of extradition ruling
PoliticsForeign Policyaircraft entering Greece’s air space. Greek authorities are concerned that if there is a flare-up..., it is not certain that the reunification talks will be unaffected by the ratcheting up of tension between... visit that Ankara might give up on the refugee accord. “If Greece and Germany continue their negative
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Greek banks stepped up write-offs in 2016, provisions increased at slowest pace since 2008
EconomyBankingGreek banks stepped up the number of write-offs in 2016 compared to the previous years, the Bank... billion euros in 2016, up by more than 1 billion from the 2015 figure of 1.46 billion. The previous... at the slowest pace since 2008. They went up by 564 million euros in 2016 from 6.47 billion
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Coalition MPs gear up for busy period in Parliament
PoliticsGreek PoliticsGovernment MPs are gearing up for a busy parliamentary period over the next few weeks, with all... in the run-up to September’s national elections. While this has also caused concern among SYRIZA MPs...-measures, is the only way to get to debt relief, which is key to opening up a path that leads Greece out
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Rhetoric ramped up ahead of Eurogroup but deal still in sight
PoliticsGreek PoliticsAs Thursday's Eurogroup approaches, Athens and Berlin are dialling up their rhetoric but an agreement that will fall short of Greek expectations while still leaving Prime Minister Alexis Tsipras... it has set. Those were summed up in the government’s round-up of the cabinet meeting: Athens is looking
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Industrial turnover up by 8.6 pct in July, positive for eighth month
EconomyMacroeconomythe 12-month trailing index up by 11.9 percent, also reflecting weak performance in the second half... and quarrying which rose by 28 percent. It is noted that this sector makes up a small percentage... increase was seen in energy, which went up by 17.9 percent, followed by capital goods (+15.7 percent
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Parliament to take up Kammenos allegations next week
PoliticsGreek Politicslined up for Thursday. New Democracy reacted angrily to the proposal and accused the government... of up to 10 years. “The country’s foreign policy and national interests transcend any disagreements... his role in the efforts to reach a deal to sell up to 300,000 105mm antitank rounds from the Greek
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Mitsotakis bids for nation's soul, Tsipras ramps up handouts
PoliticsGreek Politicsrepeatedly, trying to become a “regime” and stirring up a class war. “Every day they are in power... within the party but also his tidying up of the party’s dire finances. Nevertheless, among the moments... would receive a one-off payment of 400 euros. It is estimated that there could be up to 55,000
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Parliament gears up for budget vote as auction concerns persist
PoliticsGreek Politicsthe negative comments regarding next year’s budget and set his government up for a series of positive... party stands at 8.7 percent. The Macedonia University estimates its support at 9.5 percent, up 1... on several occasions the fact that legislation already in place protects homes with a value of up
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Coalition approves multi-bill in Parliament, Tsipras picks up extra MP
PoliticsGreek Politics. The government also had support from an independent lawmaker, taking the total number of “Yes” votes up to 154... to be preparing for a clean exit from the third programme does not stand up to examination. He accused Tsipras... the conclusion of the third review. Between now and then, though, the government will have to wrap up some
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Cabinet reshuffle and new bond issue coming up next for Tsipras
PoliticsGreek Politicsand energy into his government in the build-up to the exit from the third bailout this summer.... The discussions about debt relief and the post-programme set-up for Greece are also pending. However..., is to create a cash buffer of up to 19 billion euros, with around half coming from the institutions
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