Greek authorities and the institutions have reached substantive agreement on all outstanding issues regarding the measures included in the first set of milestones and on the financial sector measures that are essential for a successful recapitalisation process.
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According to a Fitch announcement, Greece’s financial assistance programme with the European Stability Mechanism of up to EUR86bn has reduced the risk of Greece defaulting on its private sector debt obligations and supports the rating at ‘CCC’.
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Prime Minister Alexis Tsipras, in a statement concerning last night’s terrorist attack in Paris said: Last night’s bloody terrorist attack in Paris was a blind but targeted strike. It was a blow against Europe, home of Democracy and freedom, a blow against multiculturalism…
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Frontex has called on the authorities of EU Member States and Schengen Associated Countries to contribute an additional 269 officers to help screen, fingerprint and register migrants at the European Union’s external borders.
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Of the 660,000 refugees and migrants who have reached Greece this year more than half have landed at Lesvos. With winter approaching, reception conditions and capacity there remain overstretched and inadequate.
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Opinion polls present provisional president Evangelos Meimarakis as a frontrunner, followed by Apostolos Tzitzikostas and Kyriakos Mitsotakis who are fighting a close battle. However, last minute surprises should not be dismissed as a possibility.
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The Council, in full cooperation with the Commission, having in mind the necessity to safeguard the functioning of the Schengen area and to reduce migratory pressures, agreed on a series of measures to implement fully the orientations already agreed by the European Council and the Council in compliance with EU acquis.
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Greek economy slipped back into recession in the latter part of 2015 after growing in late 2014 and the first half of 2015. Growth is projected to gain some momentum in the second half of 2016 as confidence strengthens and as structural reforms finally take hold and boost exports and investment…
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Two Norwegian films will be screened at Thessaloniki International Film Festival this year: Joachim Trier’s Louder Than Bombs and Operation Arctic directed by Grethe Bøe-Waal.
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An estimated 20,000 refugees and migrants are currently on the Islands of Chios, Kalymnos, Kos, Lesvos, Leros and Samos, straining limited reception facilities and forcing many, including women and children, to sleep out in the open.
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