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Asking Greece to stack more austerity measures ignores past failings
Agorawill need to implement 3 percent of GDP, more than 5 billion euros, in further austerity measures up... could find in the markets better rates than those charged by the IMF, justifying the government plan... an upwards-revised surplus of 705 million euros. This meant the target was missed by more than 2
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Newsletter 73 - 13/05/2016
reducing the tax-free threshold for taxpayers with fewer than two children or none, while the tax... unlock more than 5.7 billion euros, which will not only cover financing needs but also fund.... This is the third successive positive balance this year and the highest monthly reading since 2001, when data
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Budget primary surplus of 2.38 bln by April, continues to beat target due to restricted spending
EconomyMacroeconomymillion), more than offsetting an underperformance of the Public Investment Budget (PIB... million in March compared to surplus of 371 million last year. The state budget balance displayed... slipped 1.3 percent to 14.11 billion, 325 million higher than target. Expenditure Primary expenditure
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General gov't primary cash surplus for Jan-Apr quadrupled to 2.6 bln, arrears stable at 6.7 bln
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus more than quadrupled to 2.6 billion euros... to the overall gg balance. Extrabudgetary funds are following suit with a surplus of 914 million..., albeit lower than last year. The breakdown of the key figures showed gg revenues increased by 2.52
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Newsletter 94 - 04/11/2016
a year ago, reflecting higher revenues by 5.39 billion, more than offsetting an increase... revenues beat the target by more than 1.6 billion. Retail turnover drops The turnover of Greece’s retail... billion euros (more than the other four combined), and the fact it is the only one still left
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First day of talks highlights distance that needs to be covered
EconomyProgrammeon the fiscal issues, it reportedly lasted less than half an hour and the key topic was the agenda of future meetings rather than a comprehensive discussion. Government sources said the starting point... of each year rather than the official announcement by Eurostat around four months later
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Strike legislation, auctions present Athens with challenges in wake of SLA
EconomyProgrammeby first-degree unions, requiring them to have a quorum of more than 50 percent rather than the previous... rather than tag it onto legislation submitted by the Digital Policy Ministry, thus allowing a full.... These pieces of legislation aim to tackle most of more than 70 prior actions that remain
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Greece's foreign policy trap
Agoraenvironment it hopes to profit from in political terms lies in foreign, rather than economic, policy. Prime... this speculation are mostly linked to events unfolding outside the country’s borders rather than within... appears to be pursuing, has been one of the key factors in upsetting the balance between the two
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Quasi-statesmanship and political gymnastics
Agoraindeed take political courage to settle a dispute that has dragged on for more than a quarter... on the prospect of a solution than Zaev’s. Equally, his government’s reaction to the public protests against the name deal showed a desire to strengthen a “them and us” narrative rather than to show genuine
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Newsletter 170 -13/07/2018
and the USA are stronger than they have been for decades. AlexisTsipras’s welcome of Vladimir Putin seems... VAT rates for any longer than this year, while the intervention from Germany served as a reminder... for NBG’s covered bonds is four levels higher than that for the country’s overall credit rating
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