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Greek Tourism Expo ’17 opens on Friday at Metropolitan Expo

The international tourism exhibition “Greek Tourism Expo ’17” opens on Friday at the exhibition centre Metropolitan Expo.In the exhibition, which will be open to public until Sunday, there will be a presentation of the entire Greek tourism sector, as well as an introduction of new sectors such as gastronomy tourism, alternative and domestic...
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Achtsioglou briefs Jeremy Corbyn, McDonnell on Greek economy

Greece’s Labour Minister Efi Achtsioglou met the head of the UK’s Labour Party Jeremy Corbyn and shadow chancellor of the exchequer John McDonnell in London on Wednesday, briefing them on the progress of the Greek economy.According to a post on Achtsioglou’s Facebook account, she also informed them about the negotiations between the Greek g...
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Foreign investors slightly lowered exposure in ASE in November

Foreign investors slightly reduced their exposure in the Athens Stock Exchange in November, cutting their participation in the total capitalization of the Greek market to 64.8 pct from 65 pct in October, a decline of 0.03 pct. Including the participation of Hellenic Financial Stability Fund, foreign investors’ participation in the market eased 0.1...
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Greek government’s arrears to private sector down in October

Greek general government arrears to the private sector eased to 3.458 billion euros in October, from 3.559 billion in September, the Finance ministry said on Wednesday.In a report, the Finance ministry said pending tax returns eased to 832 million euros in October, from 931 million a month earlier, while social insurance organisations’ arrears f...
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Greek state bond yields fall to new eight-year lows after staff level agreement

Greek state bond yields fell to new eight-year lows on Wednesday as a staff level agreement reached between Greek authorities and its creditors combined with positive data on GDP growth boosted sentiment in the Greek bond market.The 10-year benchmark bond yield fell to eight-year lows at 4.8 pct. The 10-year bond yield was above 18 pct in July...
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Greece elected fifth in top category of IMO Council

Greece was elected fifth in the top category of International Maritime Organization’s (IMO) Council, during an election held in London, according to the body’s press release.The following 10 states, elected for the 2018-2019 biennium, were elected in the top (a) category with the largest interest in providing international shipping services:...
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EastMed pipeline agreement to be signed in 2018

Greece, Cyprus, Israel and Italy will sign the terms of agreement for the EastMed natural gas pipeline within 2018, their representatives said in Nicosia on Tuesday.Energy Ministers Giorgos Stathakis from Greece, Giorgos Lakkotrypis from Cyprus, Yuval Steinitz from Israel and Italy’s ambassador to Cyprus Andrea Cavallari signed a memorandum of u...
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Greek 10-year bond yield falls below 5 pct for first time since 2009

The new 10-year benchmark Greek bond yield fell below the 5.0 pct level on its debut in the market, for the first time since October 8, 2009, to pre-memorandum levels in the domestic electronic secondary bond market on Tuesday. The new 10-year benchmark bond replaced the previous one after the successful completion of a bond swap programme. The...
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PPC case a ‘criterion of success’, deputy econ minister says

The case of the Public Power Corporation (PPC) is a “criterion of success”, Deputy Economy Minister Stergios Pitsiorlas said on Tuesday.Addressing an American-Hellenic Chamber conference, Pitsiorlas said: “We touch on very difficult issues with deeply routed perceptions. For example, PPC, a taboo issue for the political system. By touching on this...
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