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Budget primary deficit at 1.47 bln euros in Jan, revenue shortfall hits 812 mln
EconomyMacroeconomybillion euros. Net revenues came to 3.85 billion euros, below target by 812 million euros... a deficit of 782 million euros for the month.
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Many obstacles to clear in Greece's digital leap
EconomyFeaturesremains below 50 pct, which may be partly due to limited demand and partly due to the high cost... for operators to extend their coverage into the Middle East, which may in turn incentivise more.... However, while progress may be in sight for a key precondition of a “digital transformation
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Mitsotakis win sends ripples through other opposition parties
PoliticsGreek Politicscontributing to the creation of a “powerful liberal proposal” and said that Mitsotakis may prove a “catalyst” in this. One of Mitsotakis’s key advisers, Nikos Georgiadis joined Drasi from New Democracy... into problems, PASOK and Potami may have the chance to pick up votes themselves. PASOK’s immediate
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Credit contraction slightly accelerates to 1 pct in May on deductions of 395 mln
EconomyMacroeconomyto 159 million in May, extending the five-month figure to 812 million. The balance decreased to 60.45...The pace of credit contraction in the Greek market slightly accelerated to 1 percent in May from... in May, from additions of 659 million in April. The May figure is the highest negative reading since
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Rise in overdue contributions slows to 310 mln in Q3, total at 16.9 bln
EconomyMacroeconomyThe rise in unpaid social security contributions (SSCs) slowed quarter on quarter (QoQ) to 310 million euros in Q3 of 2016, from 831 million in Q2. The outstanding amount reaching 16.92 billion, the quarterly bulletin of the single SSC collection centre (KEAO) displayed on Monday. The increase
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To Potami aims for rapid rise to third spot in Greek elections
PoliticsGreek Politicsto a broad audience. Drasi gained 1.8 percent in the May 2012 elections and teamed up with another liberal... liberal parties in Greece. It was well received in the May European Parliament elections, receiving... gained 2.15 percent in the May vote but the two parties together failed to pass the 3 percent
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Budget primary confirmed at deficit of 1.47 bln in Jan as taxes dwindle
EconomyMacroeconomy. Net revenues came to 3.85 billion euros, below target by 812 million euros. The monthly primary... a deficit of 782 million euros for the month.
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Greece seeks better relations with Albania as wariness of Turkey grows
PoliticsForeign Policyto meet again in May, on the sidelines of the General Affairs Council in Brussels.... and the Former Yugoslav Republic of Macedonia (FYROM). The same argument was used by Foreign Minister Nikos... described Turkish President Recep Tayyip Erdogan as a “sultan.” He also tried to distance himself
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Soldiers' ongoing detention troubles Tsipras, riles Kammenos
PoliticsGreek Politicsreferred to Erdogan as being “mad” and suggested that the Greek soldiers may spend up to 15 years... president operates like a “sultan.” Both comments seem to be an indication of the frustration...) are also at odds over the Macedonia name issue. Foreign Minister Nikos Kotzias began on Monday briefing
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Sustained friction with Turkey reveals differing views, approaches in Athens
PoliticsForeign Policy.” "In a country where justice does not work properly and courts operate under the Sultan's order, the adventure of the two Greek soldiers may last for more than 15 years," he said while speaking in Parliament... are something that Foreign Minister Nikos Kotzias indirectly admitted during a recent interview with German
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