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  1. IMF report sees a number of risks lying ahead for Greece

    EconomyProgramme

    buoyancy as the economy recovers. In addition, the track record of under-executing the budget also points...-visit the projections at the time of the 2015 budget preparations. After the clearance of state... to 2 and 2.5 billion is foreseen in 2014 and 2015 respectively. Further policies should be tailored

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  2. Two years on, Greek government ready to give up on higher heating fuel tax

    PoliticsGreek Politics

    with the troika ahead of preparing the 2015 budget. The government says that In contrast to heating oil... to the budget execution by September - the government plans to propose to the troika in September that the levy rates be slashed by 50 percent (to 0.5 – 2 percent), with the aim of gradually eliminating

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  3. Greece is least socially just country in EU, report indicates
    Photo by Harry van Versendaal

    Society

    ,” scoring 3.22. This is a full 2 points lower than the 2008 mark and well below the EU average of 5.7.... their finances deteriorate as they depended heavily on the state budget. (…) Similar trends occurred... budget was itself subjected to cuts. Eventually, at various time periods in 2011 – 2013 suppliers

    8%

  4. Greek debt: A case of learned helplessness?
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    in the PSI had a 30-year maturity period, no principal repayment before the 11th year and a coupon of just 2... exacerbated the debt dynamics. The rates that were so punishing they pushed the budget’s interest payments... not to be given the opportunity to redirect budget resources and allocate any spare fiscal capacity to restore

    8%

  5. The one question SYRIZA needs to answer
    Photo by MacroPolis

    Agora

    from the EFSF, around 2 billion euros of SMP profits and 3.5 billion euros from the IMF. The fact... on the 2015 budget, interest payments during this period will reach 2.2 billion euros by March, 3.4... or cut spending in 2015, even if the budget execution is not impacted by the uncertainty

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  6. Newsletter 19 - 13/03/2015

    Newsletters

    by 1.8 points from 27.8 percent in Q4 2013. Primary surplus close to target Greece’s budget primary... million euros, a Public Investment Budget balance surplus of 206 million and an 11.1 percent increase... the shortfall. 2 A history of unresolved issues Germany and Greece need to find a shared path to the past Both

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  7. Gov't adopts patchwork of measures to overcome liquidity problems

    EconomyProgramme

    Martin Schulz also warned in an interview on Thursday that time is running out and that 2 to 3 billion... to the preliminary budget execution for February, primary expenditure was 538 million better than the target... in the final budget data, our understanding is that the outperformance relates to a cut in the third key

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  8. Newsletter 32 - 26/06/2015

    Newsletters

    primary surplus Greece recorded a primary budget surplus of 1.51 million euros at the end of May... expenditure being 1.67 billion euros below the target and a higher public investment budget (PIB... is largely due to primary expenditure being below target. 2 Flexibility in short supply Government

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  9. Newsletter 33 - 03/07/2015

    Newsletters

    , the 3.53 billion euro budget revenue target (before tax refunds) for June will be probably missed, also... of the month to pay their monthly tax obligations. July is a critical month for budget revenues since... percent). Retail volume also contracted by 1.9 percent in April . 2 Tragedy and drama Neither Greece

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  10. Tsipras identifies debt relief, bank recap and attracting investments as key goals
    Photo by MacroPolis

    PoliticsGreek Politics

    review and secure the disbursement of the next two subtranches of 2 and 1 billion euros due by mid... percent next year, according to the draft 2016 budget. Tsipras said that his government would go... cuts in the 2016 draft budget. After all, they have already made it clear that they will not vote

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