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Energy crisis puts squeeze on Greek fiscal policy
Agoraweeks into the war, with no obvious off‑ramp and energy markets on edge — the Greek government finds... at play. The Greek budget relies heavily on indirect taxation. The 2026 budget projects indirect tax... revenues alone are expected to rise from 25.68 billion euros to 29.23 billion in 2026. Excise taxes
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Building on flurry of policy pledges, Mitsotakis vows to back research and innovation
PoliticsGreek Politicssay none apply to them. Meanwhile, the Opinion Poll shows 9.6 percent “very satisfied” and 18.8 percent “fairly satisfied” with the prime minister’s fair pledges, compared to 24.6 percent “a little... and the new rental allowance kick in; and throughout 2026, the remaining TIF measures will phase
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Newsletter 90 - 30/09/2016
since July 2014, and largely reflect deductions of 609 and 263 million from the corporate... of attempting to make a breakthrough with lenders with one hand and trying to fend off attacks from... and, with them, the first programme review. Athens hopes that it will finish off the job next week
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Gennimata aims to secure centre-left leadership in run-off vote
PoliticsGreek PoliticsThe run-off vote for the centre-left leadership is due to take place on Sunday, with PASOK... Democracy’s run-off vote) but both camps are hoping that the drop will not be too dramatic. There were... and the run-off vote should be called off so that the PASOK leader could build on the positive
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Primary cash balance posts deficit of 46 mln at end of July
EconomyMacroeconomyon Friday. This year’s figure includes arrears’ repayments of 1.11 billion, of which 306 million... billion a year ago. As previously noted, this year’s figure includes a one-off item of around 2 billion
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Budget primary surplus confirmed at 635 mln in June on lower spending
EconomyMacroeconomytax revenues, which came to 3.94 billion and was off target by 306 million euros. Property tax
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NBG net profits decline to 8 mln in Q3, NPLs continue to fall
EconomyBanking(PPI) fell by 9 percent quarter-on-quarter (QoQ) to 88 million. Core PPI came to 306 million euros... ) funding. NBG remains the only core Greek bank that is off ELA while retaining a liquidity buffer
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Greek fears about status of historic monastery complicate relations with Egypt
PoliticsForeign Policystate property, allowing religious ceremonies under the bishop appointed by Presidential Decree 306... opposition to the project while last year there was tension off the island of Kasos due to marine surveys
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SYRIZA gives up on "odious debt" write-off but not major debt relief
PoliticsGreek Politicspolitical goals the writing off of the "majority" of Greek debt. Stathakis's comment certainly appears... surplus target and to allow it to pay off its debt, despite lower servicing costs. This means that while the idea of writing off copious amounts of "odious debt" may have been killed off, SYRIZA's
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Off the isles of Greece
Agorawith Greece found themselves fighting for survival off another Greek island, Farmakonisi. Some made... years ago. Twelve migrants, nine of them children, drowned off the Dodecanese islet. The Afghans... borders. This should not be forgotten. This week, 47 migrants were rescued off Samos. Varvitsiotis
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