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IMF examines how Greece accumulated large pile of unpaid taxes and contributions
EconomyProgrammeThe issue of Greece’s exceptionally high tax and social security debt is discussed in an International Monetary Fund paper published with the release of the Article IV consultation and ex-post evaluation earlier this week. The total amount of this type ...
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Check, please: How much Alexis Tsipras's first months cost Greece
AgoraThis time last year, Alexis Tsipras was in the awkward position of having missed his main objectives and found himself at odds with Greece’s creditors over his decision to hand out a 13th pension. The conflicting interests of key stakeholders in Greece’...
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FinMin sets out how it would alter policy mix to prevent pension cuts
EconomyMacroeconomyIn its efforts to avoid the politically sensitive issue of cutting pensions further, the Finance Ministry presented in the draft budget this week an alternative scenario consisting of a significantly different fiscal policy from the one included in the ...
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How SYRIZA lost and New Democracy won
AgoraSunday’s European Parliament elections result in Greece confirmed that the dominance of Alexis Tsipras in the country’s politics, which started with a win in the same contest in 2014, has come to an end. Data from exit polls and the latest official resu...
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How Greece's electoral map changed radically over 10 years
AgoraOn the night of October 6 in 2009, Greek TV channels put up the map of the country's electoral districts; more than 40 were coloured in the green of PASOK, and just six in the blue of New Democracy (ND). Out of 9.9 million registered voters, close to 71...
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The "great replacement" comes to Greece - how a far-right meme appeared in mainstream politics
SocietyWhile the popularity of the far right in Greece appeared to wane with the defeat of neo-Nazi party Golden Dawn at the polls, there are worrying signs that some of the extreme ideas once associated with the fringes of politics have been absorbed into the...
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Banks discuss with govt how to release up to 25 bln in emergency liquidity for businesses
EconomyBankingThe government has indicated that it is looking for further cooperation from the banking sector to inject liquidity into the country’s business landscape. With Greece’s economy projected to take a heavy battering thanks to the pandemic, the government i...
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BoG highlights how Covid-19 compounds legacy issues and structural challenges
EconomyThe Bank of Greece (BoG) published its Monetary Policy Report for 2020 on Monday, outlining the numerous challenges that the pandemic will pose on the Greek economy, public finances and the banking system. The pandemic and the lockdown measures that had...
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Leaders explain differing views on how to approach Ukraine war
PoliticsGreek PoliticsTuesday’s parliamentary debate on the war in Ukraine and the government’s decision to break a decades-long tradition of Greece not embroiling itself in such conflicts, in this case by supplying arms to Kiev, gave Prime Minister Kyriakos Mitsotakis an op...
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How economic sanctions on Russia could affect Greek economy
AgoraThe imposition of financial sanctions on Russian individuals and corporate entities in response to the invasion of Ukraine has put economic links with Russia in the spotlight, as governments and companies assess the potential impact of ceasing trade wit...
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