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Draghi sets out QE obstacles facing Greece
EconomyProgrammeEuropean Central Bank president Mario Draghi confirmed on Monday that Greece has little chance..., Draghi re-emphasised that Greek bonds could only be part of QE if they continue to have a waiver... enhanced surveillance doesn’t warrant a waiver,” said Draghi, indicating that once Greece completes its
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Budget primary shows deficit of 7.01 bln in September
EconomyMacroeconomyThe budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus of 4.47 billion noted in September 2019, the final Finance Ministry (MoF... during the first nine months of the year. Personal income tax (PIT) was below target by 763 million
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Lavrov visit yields little for Athens, which denies Iranian bank veto
PoliticsForeign Policyafter the publication of a story this week in the Wall Street Journal according to which Greece defied the EU and the US on sanctions for Iranian Bank Sederat. According to analysts, this stance could... evidence to back up its claim that the Iranian bank was carrying out illicit activities. The Greek
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Athens looks to Draghi for positive signals on debt relief
PoliticsGreek PoliticsIt was mentioned almost as an afterthought. Mario Draghi, the European Central Bank President... purchasing bonds. Thank you.” The timing of Draghi’s remarks could not have been more critical..., according to the Wall Street Journal. “Everybody pretends as if some kind of debt relief would make
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Podcast - Long live the revolution: The legacy of Greece's 1821 war of independence
AgoraGreece is celebrating the 200th anniversary of its war of independence, which began in 1821 and allowed Greeks to free themselves of Ottoman rule and oppression, and form their own nation-state. To mark this occasion, we spoke to Sakis Gekas, the Hellenic Heritage Foundation (HHF) Chair of Modern
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General govt primary cash deficit at 7.01 bln in Sept, arrears up by 113 mln
EconomyMacroeconomyGreece’s general government (gg) primary cash deficit came to 7.01 billion euros in the first nine months of the year compared to a surplus of 4.53 billion in the same period last year, according... at a deficit of 7.01 billion euros. The budget primary balance for the same time last year came
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Kammenos prepares to quit coalition amid ANEL unrest, issues to settle with PM
PoliticsGreek PoliticsThe much-advertised split between SYRIZA and Independent Greeks (ANEL) seems to be just days away... ANEL, has called a meeting of the party’s parliamentary group and executive committee on Wednesday... procedure in Skopje is due to be completed by January 14 at the latest. Therefore, ANEL’s departure
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Budget primary shows deficit of 7.01 bln as revenues suffer in September
EconomyMacroeconomyThe budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus of 4.47 billion noted in September 2019, the preliminary Finance Ministry (MoF) budget execution bulletin for September showed on Thursday. The primary surplus was below its
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SYRIZA and ANEL: Far from picture-perfect
Agoradeplored. Instead, Tsipras opted to join forces with Kammenos. His nascent Independent Greeks (ANEL... New Democracy to found nationalist, anti-bailout ANEL. If this meant turning a blind eye and deaf ear to some of the extreme views and unsavoury behaviour of ANEL and its leader, this was a risk worth
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Tsipras faces lenders' wall in Brussels as political tension grows in Athens
PoliticsGreek PoliticsDraghi and International Monetary Fund managing director Christine Lagarde on Thursday. Neither... with Juncker, Draghi, Lagarde, Dijsselbloem and European Stability Mechanism chief Klaus Regling on Thursday
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