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Opposition picks holes in latest measures to mitigate economic impact from pandemic
PoliticsGreek PoliticsOpposition parties have criticised the government’s latest package of measures to support the economy, suggesting that it is too weak an intervention and will lead to wage cuts for many employees.
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Govt lays out recovery plan to October, launches tourism roadmap
PoliticsGreek PoliticsThe Greek government presented on Wednesday the components of its support package for cushioning the economic impact of the first wave of the pandemic and laying the groundwork for an autumn recovery, in a briefing which covered fiscal measures, investment and employment.
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Satisfied with reform commitment and pandemic response, EC wraps up sixth post-MoU review
EconomyProgrammeThe European Commission published on Wednesday the sixth report of the post-programme surveillance framework, paving the way for Greece to benefit from another round of debt relief measures.
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PM set to unveil support package, as ND cements poll lead
PoliticsGreek PoliticsKyriakos Mitsotakis is set to launch the government’s updated pandemic support package in a TV address this afternoon detailing measures for employment and the economy into the autumn, as well as an action plan on tourism.
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PBO highlights economic impact of Covid-19, calls for policies to mitigate damage
EconomyMacroeconomyThe Budget office of the Greek Parliament (PBO) issued its first quarterly report for 2020 in which the early signs of the pandemic started becoming visible, although the office notes that even the latest fiscal and macro data are far from capturing the impact of the pandemic.
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Greece gears up to secure slice of smaller tourism pie this summer
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis is set to announce on Wednesday how Greece plans to re-open its tourism sector, a move that is seen by the government as vital to dampening the economic impact of Covid-19 this year.
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Reshuffle speculation rebuffed as Greece launches third stage of lockdown relaxation
PoliticsGreek PoliticsGreece launched the third stage of its lockdown relaxation on Monday although this was partly overshadowed by speculation about a cabinet reshuffle.
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Square reveal puts ND on the spot
PoliticsGreek PoliticsNew Democracy found itself on the defensive on Friday over the actions of two key officials: Centre-right Athens Mayor Kostas Bakoyannis and Prime Minister Kyriakos’s Mitsotakis’s chief of staff Akis Skertsos.
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European Commission's travel guidance brings some optimism for Greek tourism sector
PoliticsGreek PoliticsGreece has welcomed the European Commission’s guidance on travel and tourism as a first step towards reopening a vital section of the economy in time for the summer season.
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ND mulls next stage of lockdown easing as support remains strong despite some grumbles
PoliticsGreek PoliticsThe government is gearing up for the next stages of the loosening of the lockdown measures, hoping that it will continue to maintain the support of the Greek public, which is still high according to a new opinion poll.