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  1. Mitsotakis targets rivals as Androulakis tries to shrug off doubters
    Photo by MacroPolis

    PoliticsGreek Politics

    than enter into presumptive alliances. Victory, he argues, will come only when “every citizen hears

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  2. Is a lack of spending hampering Greece's firefighting capabilities?

    Society

    of the late shipowner, announced a 25-million-euro grant to the Fire Service to buy new equipment..., it is not entirely without precedent. Forest fires are a regular summer event, and every year thousands of hectares... spending roughly 230 million euros every year since 1998 to fight forest fires. This is a lot of money

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  3. Amid market turbulence, Greece searches for scheme to help banks reduce bad loans
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    177 billion euros from 263 billion in the pre-crisis period. Greek bankers have also been in contact... loans off the lenders’ books via a Special Purpose Vehicle (SPV). A Bloomberg report suggests that up... quickly off track. Banks have seen deposits start to trickle back recently and the relaxation

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  4. Newsletter 312 - 15/10/2021

    Newsletters

    that there has been insufficient time since August for this initiative to start paying off... of the Greek economy, expecting growth of just 1.3 pct by 2026. The conservative stance is also kept... into a surplus of just 0.2 pct in 2023, rising to 1 and 1.5 pct in 2025 and 2026. This contrasts

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  5. Newsletter 379 - 05/05/2023

    Newsletters

    doubling to 2.1 pct of GDP, rising to 2.5 pct of GDP by 2026, which is fully in line.... The Greek budget will be almost balanced by 2026, with a deficit of just 0.1 pct of GDP. This fiscal path... in 2026. The growth composition shifts towards investments in the coming period as private consumption

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  6. Mitsotakis delivers major tax-cut package as he seeks to stay course for another term

    PoliticsGreek Politics

    by 50 pct in 2026 and scrapped in 2027. VAT cuts of 30 pct on remote islands (<20,000 residents) now... cost of 1.76 billion euros in 2026. It will rise to 2.46 billion in 2027, essentially taking up that year’s fiscal space. The tax scale interventions will cost 1.2 billion in 2026 and 1.6 billion

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  7. Newsletter 479 - 10/10/2025

    Newsletters

    a window—however narrow—to re-enter the fray.EconomyBudgeting on a late RRF sprintThe draft budget for 2026... have been formally signed off. It is now near certain that Greece will not manage to utilise... as the projects will not meet the August 2026 deadline. The Finance Ministry has again anchored its estimate

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  8. Government budgeting on a late RRF sprint

    EconomyMacroeconomy

    The draft budget for 2026 tabled in Parliament last week contained interesting signals for further... for the projects also funded by banks have been formally signed off. It is now near certain that Greece... losing funds as the projects will not meet the August 2026 deadline. The Finance Ministry has again

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  9. Newsletter 495 - 20/02/2026

    Newsletters

    2026 progresses, the final fiscal and economic picture for 2025 is due to emerge, with ELSTAT expected... is taking its final shape. In the final 2026 budget submission at the end of November, the Finance... in 2026. Over the first nine months of 2025, for which data is available, GDP growth was 2 pct

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  10. A Greek proposal that deserves to be heard
    Photo by Harry van Versendaal

    Agora

    billion euros over the next three years. In similar fashion to the debt buy-back that took place... (the third programme) Greece would buy back all the remaining SMP bonds held by the ECB, which have a face... publicly, every stakeholder in the Greek affair, including Tsipras himself, must be aware that Greece

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