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Govt and opposition stake out positions on pandemic impact measures
PoliticsGreek Politicsminister also reiterated recent statements made by his finance minister, Christos Staïkouras.... In a recent interview Finance Minister Christos Staikouras said that “between unemployment benefits
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ND tweaking stimulus measures as SYRIZA flounders in Novartis backwash
PoliticsGreek PoliticsFinance Minister Theodoros Skylakakis suggested that his department is considering slashing to zero... been driven to losses by the pandemic. The Finance Ministry also reportedly plans to finetune the SYN
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Athens hoping for de-escalation in Aegean as it seeks pension backpay solution
PoliticsGreek Politics, the Finance Ministry is considering upfront payments to pensioners for their backpay claims under... solution in fiscal terms, giving the Finance Ministry certainty about what funds will be required
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SYRIZA goes on offensive over Covid-19 and economic reforms, but internal rifts persist
PoliticsGreek Politicswill provide the government with an alibi to implement its conservative agenda. Shadow Finance Minister... recent shift to the centre ground as “obsessive and self-destructive”. The former Finance Minister
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Budget primary shows deficit of 6.61 bln in August
EconomyMacroeconomyThe budget primary balance recorded a deficit of 6.61 billion euros in the first eight months of 2020, compared to a surplus of 2.91 billion noted in August 2019, the preliminary Finance Ministry... of about 864 million euros, paid by the Ministry of Finance (transfers category), the expenditure
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Tsipras picks holes in ND approach, unveils own spending proposals
PoliticsGreek Politicsto opposition. Several key figures, including former Finance Minister Euclid Tsakalotos were reassigned to give place to rising stars from Tsipras’s circle, including Efi Achtisioglou who was given the finance
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Budget primary confirmed at deficit of 5.48 bln in August
EconomyMacroeconomyThe budget primary balance recorded a deficit of 5.48 billion euros in the first eight months of 2020, compared to a surplus of 2.91 billion noted in August 2019, the final Finance Ministry (MoF... of Finance (transfers category) and the expenditure of extraordinary transfers to EFKA and EOPYY
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IMF sees big dip of 9.5 pct for GDP in 2020 before mild recovery of 4.1 pct next year
EconomyMacroeconomyin the second quarter and is just short of 8 pct lower in the first half of 2020. The Finance Ministry does.... The Fund is broadly in line with the fiscal estimates of the Finance Ministry this year and for 2021
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Revised GDP data shows 1.9 pct growth in 2019, taking 2017-2019 upward streak to nearly 5 pct
EconomyMacroeconomyand the first half of the year is already shy of 8 pct. Although in the draft budget the Finance Ministry has... not miss the chance to lock horns over the latest data released by ELSAT. The Finance Ministry
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Censure motion voted down, prompting government and opposition to claim victory
PoliticsGreek PoliticsThe censure motion filed by SYRIZA against Finance Minister Christos Staikouras was voted down on Sunday, as expected, although the parliamentary debate that proceeded it gave both the government... speculation about rifts within the party, especially between Tsipras and his former finance minister
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