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Government readies up to 2 bln in assistance for shuttered firms and employees
Economythat the European Union is trying to make available for member states’ economies. In terms of support... will only have to pay 60 percent of their rent for March and April, with the government subsidising... restrictions will not apply for any eurozone member state this year. The finance minister would
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Bill to regulate demonstrations stirs opposition reaction
PoliticsGreek Politicsrepresentatives, the most popular cabinet member is Digital Affairs Minister Kyriakos Pierrakakis, while the most popular member of the shadow cabinet is former Health Minister Andreas Xanthos, both... their attitudes to Covid-19 testing, with three out of four appearing willing to pay up to 50 euros to be tested
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Greek fiscal deficits and debt since 2000
Agora” as agreed by all member countries in the European System of Accounts (ESA). This means that the moment... the results to Eurostat in Brussels. Governments and statistical offices of all EU member countries... write-off in history to date. Further, Greece was allowed to pay less interest than it would have
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Under increasing domestic pressure, govt awaits EU signs for response to energy security threat
PoliticsGreek Politicsin rubles. Complying with the demand was interpreted by the governments of the two EU member states... time Athens hopes to have a clearer signal both from other member states’ political stance... on Thursday that Greece intends to pay Gazprom “in a way which does not violate the sanctions
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Govt presents menu of energy proposals in Brussels as power subsidy cost balloons
PoliticsGreek PoliticsGas For A Safe Winter” proposal which would oblige member states to cut their gas consumption by 15... for consumption cuts, more favourable to the southern member states. It also hopes for an exemption... to industry. Mitsotakis argues that the scheme would pay for itself through a resulting fall
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Newsletter 426 - 07/06/2024
created many jobs and profits for his investors. However, his aggressive approach failed to pay off... esches report of ND leader Kyriakos Mitsotakis. Thanassis Economou, a member of the SYRIZA central... in Mitsotakis’s statement in exchange for favours, including the appointment of a family member
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Revenues at 4.77 bln in Oct, beating target for fourth straight month
EconomyThe final budget execution to October confirmed preliminary figures, released by the Ministry of Finance (MoF) on November 13, showing revenues beating monthly targets by 763 million euros for the fourth straight month. The year-to-date previous revenue shortfall, which peaked to 1.61 billion euros
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Budget execution shows primary surplus of 711 mln, 503 mln ahead of target
EconomyMacroeconomyperiod. This implies an average figure exceeding 1 billion per month. Although the April figure of 763
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Unpaid taxes keep rising, tax audits short of targets
EconomyMacroeconomyGreece’s unpaid taxes rose by 873 million in May at a slightly accelerating pace compared to the 763 million recorded in April, according to data provided by the General Secretariat of Information Systems. Following May’s performance, the year to date figure of new unpaid tax obligations stands
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Unpaid taxes rose by 1 bln a month in H1 2014, collection targets missed
EconomyMacroeconomyThe rate of increase in Greece’s unpaid taxes accelerated to 1.03 billion euros in June from 873 million in May and 763 million in April, according to data provided by the General Secretariat of Information Systems, which also revealed that most tax collection targets are being missed. The June
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