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Budget primary surplus beats Jan target by 706 mln on significant underspend
EconomyMacroeconomy. This one-off expenditure was supposed to take place until the end of 2018. On the contrary, compensation... and services and other current revenues also underperformed, by 28 million euros each. Tax refunds reached
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Newsletter 195 -22/02/2019
to these parties. While Polakis’s abrasive style may be a turn-off for politicians and commentators... balance. The services balance improved to a surplus of 492.4 million from 448.7 million a year ago
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Athens starts MTFS process with baseline scenario that sees growth slowing down
Economythe crisis kicked off. Harmonised inflation is expected to accelerate over the coming years from 0.8 percent... of goods while services growth is seen mostly stable over the next five years. On investments
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Athens revises projections in Stabilty Programme, sees more fiscal space in coming years
EconomyProgrammein the authorities’ view confirms that there is space for structural policy changes and not just one-off social... services at 7.5 percent of GDP. According to the relevant regulation, the macroeconomic forecasts on which
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Newsletter 213 -07/01/2019
for voters not to abstain, a message that capped off a week spent reiterating his party’s proposals... the recent quarters have been services exports, private consumption and higher investment spending
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Newsletter 216 -26/07/2019
have been incorporated into 2019 figures to cover the one-off payments related to law 4575/2018... and services regarding the extension of the concession rights of the Athens International Airport from
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PM joins forces with some eurozone partners to lobby for "corona-bond"
PoliticsGreek Politicssupported the idea of a one-off issue. Countries from the eurozone’s north rejected the proposal... on a relatively high contribution from tourism and travel services… which are now the sectors most strongly
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Govt looks for formula to re-start tourism as calls intensify for support of entertainment sector
PoliticsGreek Politics, and the unavoidable need for strong government support to stave off the worst-case recession scenarios... the industry proposals are reduced VAT rates across the range of hospitality and catering services
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Border furor highlights brittleness of Greek-Turkish relations
PoliticsForeign PolicyThe recent tension between Greece and Turkey in the Evros border area highlighted how an issue of a mostly technical nature can throw relations between the two countries off balance. This issue... diplomatic services not to fully and transparently describe incidents as they happen, causing confusion
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ND feeling fiscal pressure as row over media handouts rumbles on
PoliticsGreek Politicswill wear off.... Macedonia was publicised, it was done transparently and via public services rather than a private
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