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Preliminary 2024 state budget foresees 2.1% primary surplus

The draft state budget for 2024 will be tabled in the Greek Parliament on Monday, with a forecast for a 2.1% primary surplus on GDP for 2024 and a possible primary surplus of 0.7% for 2023, despite the natural catastrophes the country faced. Essentially, the budget reflects the Greek economy’s …

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Bill tightens wiretapping procedures by Greece’s National Intelligence

Greece’s  government has posted online for public consultation a draft legislation with the aim to optimize the wiretapping procedures the National Intelligence Service (EYP) is required to take to wiretap citizens. At the same time, the draft bill updates the process of lifting the confidentiality of communications, and upgrades the …

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“Totally unacceptable”: Cyprus and Greece join forces, reject EU draft on Turkey

Cyprus has rejected the draft on Turkey prepared for the summit of European Union leaders as “totally unacceptable.” Also Greece has raised objections saying that it does not reflect the balanced report submitted on Monday by EU High Representative for Foreign Affairs and Security Policy Josep Borrell. Both the Cypriot …

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Bill for acquisition of 18 French Rafale submitted to Greek Parliament

A draft bill of the Ministry of Defense for the acquisition of 18 French Rafale fighter aircraft has been submitted to the Defense Committee of the Greek Parliament, a step before the voting. The bill with the title  “Approval of draft defense contracts” contains five articles. The main ones are …

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EU to toughen sanctions on Turkish drilling: Summit draft

The European Union will impose sanctions on more Turkish individuals and companies responsible for drilling in contested waters in the Mediterranean, according to a draft statement prepared for EU leaders to agree at a summit on Thursday. If agreed, the EU will “prepare additional listings” on the basis of a …

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Greek Parliament budget office: “Draft state budget provisions uncertain”

The 2021 draft state budget is tabled under unprecedented conditions that make macroeconomic and fiscal forecasts uncertain, the Parliament’s State Budget Office said in a report on Thursday. In its assessment over the draft budget, the Office said that macroeconomic forecasts see an 8.2 pct economic contraction this year and …

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“Pissarides draft report”: 14 proposals for Greece’s development policy

The Greek government released for public consultation on Monday the preliminary draft of the road map for the development of the Greek economy prepared by the “Pissarides Commission.” Main goal is to boost productivity, increase exports, better connect production with technology and innovation, and support labor. He stressed that several …

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Human Rights Watch: Greece’s Asylum overhaul threatens refugees’ rights

Human Rights Watch (HRW) has urged Greece to remove specific articles on its new Asylum draft Law as they threaten to restrict access to protection for asylum seekers from Syria, Iraq and Afghanistan. The Greek parliament should scrap provisions in a new bill that threaten to limit asylum seekers’ access …

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EU envoys approve sanctions against Turkey over illegal drilling off Cyprus

European Union member states have approved sanctions against Turkey over its illegal drilling off Cyprus. The draft statement approved  by envoys of EU member states foresees: Suspension of negotiations of Comprehensive Air Transport Agreement Temporary suspension of high-level dialogue Reduction of per-accession assistance for Turkey in 2020 European Investment Bank …

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EU Migration draft nicely tailored to ease German concerns

Provisional draft ‘conclusions’ of the mini-summit on Migration on Sunday have angered several leaders of European Union member states. Italy is threatening to abstain from the summit, the Visegrad Group has called for an emergency session. The draft distributed to state leaders ahead of the summit is focusing on protection …

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Greek gov’t unveils guidelines for farming and use of medical cannabis

The Greek government is proceeding in fast-track with the regulations for the legalization of the farming and use of medical cannabis. At a press conference, Health Minister Andreas Xanthos, Rural Development and Foods Minister Vangelis Apostolou and Economy and Development Minister Dimitri Papadimitriou unveiled details of the relevant draft bill …

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IMF demands €450mn austerity cuts in unemployment, poverty allowances for 2018

The austerity nightmare has no end. Despite the fact that the International Monetary Fund has only an adviser role in the third bailout program, it keeps pushing and pushing for cuts and more cuts without end. It wants cuts in unemployment allowance – currently at 360 euro. Cuts in poverty …

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Tough bargain with Turkey on Refugees, but will EU states stick to their commitments?

The day in Brussels started with a breakfast. European Commission President Jean-Claude Juncker, European Council president Donald Tusk, Turkish Prime Minister Ahmet Davutoglu and an army of assistants sat around the long table do discuss Refugees and Migrants. Juncker and Tusk present a draft of the EU-Turkey deal that they …

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“Six Principles” Draft for EU-Turkey deal released

A load of papers has been produced by officials and commissioners and presidents and vice presidents in Brussels just a couple of hours before the EU Leaders Summit meet to find solutions for the Refugee and Migration. One of these documents is a Six Principles draft aiming to strike a …

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