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General government debt rises to 205.6 pct of GDP in 2020
EconomyMacroeconomyto 4.1 percent of GDP – in 2019. The measure of the primary deficit ELSTAT produces, which is in line... with, the primary balance measure used under Greece’s economic adjustment programme and post
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Return to bond markets to buoy coalition, may leave SYRIZA floundering
PoliticsGreek Politicsthe government's argument that it has followed the correct strategy vis a vis the country's... recession and runaway unemployment, has come under extreme scrutiny. The return to the bond markets... rehabilitation has moved into a new phase and to argue more convincingly that economy recovery might
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Mitsotakis aims to pass key legislation in Sept if ND wins elections
PoliticsGreek Politicsit down to 20 percent) and the first wave of reductions to the ENFIA property tax. Mitsotakis has... directors will be overhauled. Mitsotakis has also pledged to address tertiary education, particularly the so.... The opposition leader has also stated his intent to change the electoral law to avoid the proportional
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Tsipras seeks alternatives to bailout measures as ND race begins
PoliticsGreek Politicsof the most sensitive issues that Tsipras has to face in the weeks ahead. For now, though, the prime... to collect the signatures he needed underlined his weak starting position. His campaign has not been... the ballot will be held and what the process for the vote will be. Mitsotakis has proposed holding
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Brussels highlights lagging reforms ahead of decision on debt relief measures
EconomyProgrammeof protection of primary residences raises concern. "It has a large number of design and technical... Administrative Secretaries is significantly delayed. Finally, the divestiture of lignite plants has not been... no new arrears have been accumulated in net terms, progress with bringing arrears closer to zero has
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Opposition picks holes in latest measures to mitigate economic impact from pandemic
PoliticsGreek Politicsthe return of tax that has been prepaid by businesses. A few weeks ago, SYRIZA unveiled its own 14-billion... off the suggestion that it was guilty of wishful thinking or poor arithmetic and has consistently... for propping up the tourism industry has not met with universal appreciation. According to some
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New Covid measures readied as doubts about key cabinet choices rub off on PM
PoliticsGreek Politicsindication that Prime Minister Kyriakos Mitsotakis’s personal popularity has taken a direct hit... suffered in popular opinion, including Education Minister Niki Kerameus, who has a 64 pct “dislike... 9 points since January to 56 pct. Culture Minister Lina Mendoni has also attracted more negative
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Newsletter 181 -2/11/2018
on the sidelines, on November 19 so that the matter can be settled before Athens has to submit... the idea was played down by much of the Greek media, which has focussed on the final decision most likely.... The difference that has to be bridged between now and November 19, if the Greek issue is on the agenda
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Coalition starts to feel backlash from latest round of measures
PoliticsGreek Politicsprofessional groups to the measures the government is adopting. Greece has just over 82,000 local... happen when the Eurogroup meets on November 9. In the meantime, the government also has to contend... pharmacists – famously Greece has almost 100 pharmacists per 100,000 inhabitants, which is by far
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With onerous measures looming, Tsipras seeks talks with opposition leaders
PoliticsGreek Politicsto pensions being cut further but the one advantage Tsipras has is that while many of the measures being... issues. It is no coincidence that this call has come as the coalition’s majority, reduced to three... on PASOK’s Fofi Gennimata, who has so far maintained a hard line against Tsipras. However, given
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