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No fiscal space left in 2019 for more benefits, says BoG Stournaras

The governor of Bank of Greece Yannis Stournaras sounded warning bells over the current Tsipras government pre-election measures, saying there is no “fiscal space” this year for further benefits beyond those foreseen in the currently executed 2019 budget. The one-time finance minister, before 2015, again reinforced his reputation as a …

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Unemployment in Greece falls to 18.5%, the lowest since July 2011

Greece’s unemployment rate fell to 18.5 percent in February from an upwardly revised 18.6 percent in the previous month, data from the country’s statistics service ELSTAT showed on Thursday. February’s unemployment rate was the lowest reading since July 2011, which means that for 8 consecutive years unemployment was more than …

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Greece launches bide for the installation of free WiFi in public places

Greeks are a step closer to start using free WiFi in public places like squares, libraries, playgrounds, museums and pedestrian walkways. Greece’s Ministry of Digital Policy, Telecommunications and Information launched a public consultation on a draft contract to conclude a framework agreement entitled ‘WiFi4GR – developing public broadband wireless broadband …

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Russia is ready to expand gas cooperation with Greece

Russia is keen to supply energy to Greece and is ready to expand cooperation in the gas sector with the country, Executive Director of the Skolkovo Energy Center Vyacheslav Mischenko told reporters at an energy conference in Athens. He emphasized that “Russia is ready to expand cooperation with Greece in …

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