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Moscovici hints at possibility of shelving 2019 pension cuts, riles opposition
EconomyProgrammeDuring his visit to Athens on Tuesday, European Economic Affairs Commissioner Pierre Moscovici seemed to suggest that Greece might not have to implement the pension cuts that have been lined up for next year. When questioned about this issue after a mee...
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New president receives strong endorsement, hints at areas of interest
PoliticsGreek PoliticsSenior judge Katerina Sakellaropoulou was elected Greece's new, and first female, president on Wednesday by the vast majority of the country’s MPs, vindicating Prime Minister Kyriakos Mitsotakis’s choice, but also justifying SYRIZA leader Alexis Tsipras...
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Govt hints at more relief, as economy and inflation jostle with pandemic as top public concerns
PoliticsGreek PoliticsThe rising cost of living and the potential impact of new Covid rules on retail and catering are increasing the pressure on the government for more support measures, as the epidemiological picture takes on an increasingly urgent hue. The Energy and Fina...
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Opposition irate over watchdog briefing as govt hints at "rogue network" behind surveillance
PoliticsGreek PoliticsOpposition MPs stormed out of a meeting of the parliamentary committee handling the surveillance affair over what they claim is a concerted attempt by the government to cover up a politically motivated spying operation on domestic targets including jour...
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Kasselakis offers more hints of a positive narrative for SYRIZA's post-Tsipras era
PoliticsGreek PoliticsSeveral months after his surprise election to the leadership of SYRIZA, Stefanos Kasselakis has started sketching out the first lines that will distinguish his era from that of party founder Alexis Tsipras. Buoyed by encouraging signs from recent polls ...
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Mitsotakis hints at post-election policy tweaks to address economic concerns
PoliticsGreek PoliticsWith the cost of living and the economy dominating much of the public debate in the run-up to next week’s EP elections, Prime Minister Kyriakos Mitsotakis has started to sketch out several specific interventions that the government is mulling for after ...
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S&P leaves Greece's 'BBB' rating unchanged, hints at slower pace of upgrades
EconomyS&P on Friday reaffirmed Greece’s sovereign credit rating at ‘BBB’ with a stable outlook, citing confidence in the country’s fiscal discipline, solid economic growth, and an improving banking sector. In April, S&P was among the agencies that advanced Gr...
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Unpaid taxes keep rising, tax audits short of targets
EconomyMacroeconomyGreece’s unpaid taxes rose by 873 million in May at a slightly accelerating pace compared to the 763 million recorded in April, according to data provided by the General Secretariat of Information Systems. Following May’s performance, the year to date figure of new unpaid tax obligations stands
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Primary cash balance deficit at 7.12 bln in Sept
EconomyMacroeconomyeuros. The budget primary balance recorded a deficit of 7.01 billion euros in the first nine months
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Newsletter 275 -27/11/2020
. Aggregate PIB expenditure came to 7.01 billion, overshooting the target by 2.28 billion. Overall, the PIB
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