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Mitsotakis sets off barrage of legislation to shake off introspection
PoliticsGreek PoliticsWith the opposition in disarray, Prime Minister Kyriakos Mitsotakis has fired off another round of reforms, hoping to regain forward momentum and put the internal scuffles in his own party behind him. The slow unravelling of main opposition party SYRIZA and the leadership contest consuming third
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Greece's primary surplus: Much ado about nothing?
Agoraof the primary surplus excludes the one-off bank support costs. The latter stood at 19.72 billion (10.8...) definition, which is used by the troika. European Commission (EC) spokesman Simon O’ Connor confirmed
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PM's latest reshuffle off to bumpy start with first day resignation
PoliticsGreek Politicsofficials satisfied as possible. Furthermore, the number of women in his cabinet fell from 15 to 12
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Key debt relief talks fail to result in deal, leaving IMF role in doubt
EconomyProgrammehas said that if it is not satisfied with the debt relief on offer, it will not participate... margin related to the debt buy-back tranche from the end of 2012, the transfer of ANFA and SMP... programme’s financial envelope to buy out the loans that IMF has made to Greece. The key areas
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Coalition sees key targets met in debt deal but opposition has holes to pick
PoliticsGreek PoliticsThe Greek government appeared satisfied with the debt relief package secured at Thursday’s... by the European Stability Mechanism, of which 3.3 billion euros will be used to buy back debt held by other... of 24.1 billion euros that will cover its funding needs for almost two years. Once the debt buy-back
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Newsletter 117 - 05/05/2017
the solidarity levy rates, lowering the corporate tax rate from 29 to 26 percent and redesigning the single.... The aim is to take the pressure off coalition deputies, who are concerned about approving the new fiscal...), we can conclude that for every 3.17 billion of taxes collected per month this year, there is 759
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The nightmare of our choice
Agoraon January 26 prompted a change in the PM’s approach. Tens of thousands of people gathered... are gleefully feeding off the public’s frustration by engaging in speculation to attract attention. This has..., the government has avoided almost every opportunity to help shed light on the causes of the disaster
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Eurogroup approves 3rd bailout for Greece but expects swift, extensive action
EconomyProgrammeto Athens. The first tranche will amount to 26 billion euros and will comprise: - 10 billion euros... assets will not just go towards paying off debt but also for investments, turning the organisation... of bank recapitalisations and other assets. Then, “half of every remaining euro will be used
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Draft budget sets ambitious growth target of 2.8 pct in 2020, plugs fiscal gaps
Economymillion euros. Another 26 million is expected from the freezing of VAT for three years for new... for the fiscal gap and achieve the committed surplus target, hoping to get the sign off from the official... International Fair early in September, which amount to 1.2 billion euros. The subsidy for every
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Government dismisses EP rule of law resolution in midst of opposition outcry
PoliticsGreek Politicssociety. It was backed by 330 MEPs, with 254 voting against and 26 abstentions. Opposition parties... stand-off with protesting farmers and outlining its proposals for non-state universities. University... on defaming Greece at every opportunity. The lengthy statement, which was reproduced in government
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