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Tsipras calls for more state intervention in energy sector as hopes for EU solution dwindle
PoliticsGreek Politics, the first of which is likely to be a fresh subsidy for automotive diesel. The Finance Ministry has... to consumers, and backing for a common EU purchasing facility for natural gas financed by eurobonds
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Opposition parties jostle for position in post-election political landscape
PoliticsGreek Politics, Mitsotakis and his finance supremo Theodoros Skylakakis were forced to admit that most... to Brussels on the eve of the elections, leaving open the question of how they would be financed
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Newsletter 461 - 09/05/2025
returned to the forefront of public debate this week following the visit of the Finance Minister... programme, which was financed by bilateral loans with eurozone member states. These loans, known
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Commitment to reducing debt front and centre in government fiscal policy
EconomyMacroeconomyGreece's debt returned to the forefront of public debate last week following the visit of the Finance Minister Kyriakos Pierrakakis to the PDMA and the optimistic outlook he presented on the future... adjustment programme, which was financed by bilateral loans with eurozone member states
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PM faces new challenges as public sides with farmers, Tsipras questions recovery
PoliticsGreek Politics, 25.5 pct chose Kyriakos Mitsotakis, 17.2 pct chose Finance Minister and Eurogroup president Kyriakos... will be financed by EU structural funds. The move is aimed at addressing housing shortages and high
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Greece trying to lay 'phantom' pensions to rest
Societydefrauded the fund out of a total of about 10 million euros. In May, Alternate Finance Minister Christos... the obvious public administration inefficiencies that had become an undue burden on the country’s finances... out fraud and injustice, while allowing the Greek state to close a hole in its finances that should
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Fitch upgrades Greek rating to 'BB-', three notches from investment grade
Economygross financing needs (GFN) or finance investments. Fiscal performance The country’s finances have..., adverse developments in the banking sector pose risks on the economy and public finances and the re
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New court verdict adds to concern about impact of backpay on fiscal balance
EconomyProgrammeheadache for the Finance Ministry is the pensioners who are also seeking compensation following... as a potential threat to Greece’s efforts to keep its public finances on track in the coming years... amounts involved and the disruption to public finances they could bring means that it is an issue
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Learning the lessons of Greece's toxic decade
Agora. Tsipras showed his intentions by appointing Yanis Varoufakis as finance minister to lead... of fiscal data to make Greece’s public finances look worse than they were. The rationale behind... there is still a long way to go in the recovery process. Public finances, meanwhile, are probably
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Fitch keeps Greece at 'BB' but revises outlook to stable with eye on Covid-19 impact
Economy. This is on the assumption that the Finance Ministry will use about 10 billion of its cash buffer, 5.8 pct of GDP.... The external finances are an ongoing rating weakness, with the stock of external dent at 132 pct... ratio as a result of fiscal easing or prolonged recession, banking risks on the public finances
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