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Backpay for civil servants gets "positive" measures rolling for government
EconomyThe Greek government has submitted to Parliament draft legislation that paves the way for thousands of civil servants to receive millions of euros in backpay, marking the start of a period of intense activity for MPs as the coalition plans to follow thi...
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New Democracy starts rolling out its first three bills
PoliticsGreek PoliticsThe government has begun tabling the first draft laws it promised to pass through Parliament before the summer recess begins on August 10. The bill regarding the executive arm of the state was submitted to Parliament on Thursday night. The first part of...
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OECD report shows poor quality of services and low trust in govt
EconomyFeaturesThe OECD Government at a Glance report for 2019 has shown the shortcomings in providing services to Greeks in areas such as health, justice, education and perceptions of trust for the government. The report showed that trust in government has deteriorat...
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Poor prospects for new version of Greek-Turkish 'earthquake diplomacy'
PoliticsForeign PolicyThe earthquake that struck Greece and Turkey last week was a reminder that whatever their geopolitical differences, the two countries share some geographical risks. The most recent tremor to jolt Greece and Turkey came on on October 30, when a quake of ...
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PM set to avoid kneejerk reaction to poor EP poll result as centre left mulls next move
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis’s assessment of Sunday’s disappointing European Parliament election result for New Democracy is that his centre-right party suffered as a result of the low turnout and that the government will have to make adjustments ...
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Latest IMF forecasts see solid fiscal performance, poor growth beyond RRF
EconomyMacroeconomyDuring the annual IMF and World Bank meetings in Washington, the Fund published its latest economic and fiscal estimates in the World Economic Outlook (WEO) and Fiscal Monitor (FM) publications. The IMF is broadly in line with recent estimates for the G...
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Mitsotakis gets policy ball rolling as clues sought for decision on next president
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis was due to chair his first cabinet meeting of the year on Friday as the moment that he will propose a candidate for the Greek presidency nears. Media reports suggested that the economy was to be the main topic of discu...
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With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP
EconomyMacroeconomyprimary surplus for both years was reaffirmed, at 812 million in 2013 and at 2.95 billion in 2014.... Excluding the aforementioned items under EAP rules, gg primary surplus is seen at 812 million (0.4
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Budget execution shows surplus of 811 mln at start of 2014
EconomyMacroeconomy1 billion euros compared to the initial estimate of 812 million incorporated in the 2014 budget... the ESA-95 methodology. Thus, the equivalent MoF projection of 812 million under EAP stands at 3.9
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Does return to markets signal end of Greek crisis? The perils of ignoring macro-economic fundamentals
AgoraBank prepared the field for the Greek sovereign to jump on the rolling bandwagon and proclaim..., they can turn to two recent reports by the international credit rating agencies Moody’s and Standard & Poor
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