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Athens launches drive to pre-pay part of IMF loan, bringing budget benefits
EconomyProgrammeGreece has launched the formal process to pre-pay part of the loans it has received from..., Greece is due to pay 2.1 billion euros per year up to 2021, dropping to 1.9 in 2022 and 1.4 in 2023... the process on hold. Although the EFSF is a pari passu creditor, the ESM is a preferred creditor, only
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Coalition pledges to demolish illegal buildings following Mati fire
PoliticsGreek Politicslocal authorities with extra funds to pay for the demolition work. Apart from wanting to show people... on the outskirts of Athens very closely with the high death toll in the Mati fire. One of the coalition’s... the human cost of the Mati fire. The next step by the government to show that it is taking decisive
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Putting right everything that went wrong in Mati
Agorathat is worthy of the lives of those 80+ people who perished in Mati. Sadly, there seems to be very... whose only purpose is to ensure that nobody has responsibility for anything. What happened in Mati... summer wind in eight years blew from the west, pushing the fire through homes in Mati at a blistering
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Buckling under pressure of Mati death toll, Tsipras searches for corrective actions
PoliticsGreek Politicsof the coalition’s crisis management strategy. Prime Minister Alexis Tsipras visited Mati, the area.... The head of junior coalition partner Independent Greeks (ANEL) Panos Kammenos visited Mati with TV cameras... the high death toll to the gale-force winds and large amount of illegal construction in Mati
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Athens waits for EU recovery fund outcome as new Mati fire claims emerge
PoliticsGreek Politicsessentially accepting a new bailout for Greece, with all the toxicity that concept entails. Mati... was focussed on new and grave claims regarding the the Mati wildfire in the summer of 2018, which claimed... and the type of vegetation for the blaze sweeping through the coastal town of Mati so quickly. Former
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Reshuffle expected to follow minister's departure in wake of Mati disaster
PoliticsGreek Politicsdeadly wildfire in Mati, for which the death toll has risen to 90. It was confirmed on Friday... the image of what was a strong response by authorities to the Mati fire. New Democracy demanded... as dangerous as the one in Mati, which ripped through thousands of homes. A report in Kathimerini
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Mati fire verdict prompts legal blame game as PM pledges swifter justice
PoliticsGreek PoliticsThe court verdict in the Mati wildfire trial has become the subject of political jockeying between... in place in 2018, when the offences were committed, meaning they applied to the Mati trial, even... official, was cleared of any wrongdoing in connection to the Mati fire by the misdemeanour court. He
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Expert report highlights systemic failings in aftermath of deadly Mati wildfire
Society, culminating in last summer’s fire at Mati, the deadliest on record. The report was commissioned by Prime Minister Alexis Tsipras in the aftermath of the Mati wildfire which resulted in 100 deaths... limiting it to the Mati wildfire. This means that those affected by the fire and the country
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PM riles SYRIZA with remarks on EU anniversary
PoliticsGreek PoliticsGreece marked on Thursday the 40th anniversary of its accession to what was then the European Economic Community, but remarks made in the presence of EU dignitaries by Prime Minister Kyriakos... for Greece, not a party-political gathering. SYRIZA referred to Mitsotakis’s remarks as “incendiary
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Cabinet act firms up details of CoCos issuance by Greek banks
Economynot pay the annual coupon in two anniversaries, not necessarily consecutive. CoCos holders do not have... is at the discretion of the bank’s BoD, which may also decide to pay the coupon in the form of common shares... bank share price. If a bank decides not to pay the annual coupon on CoCos, then it is obliged
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