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Inflation triggers political machinations, move to increase budget spending
PoliticsGreek PoliticsThe government is set to submit a supplementary budget that will allow it to increase spending by as much as 2 billion euros compared to the initial budget for 2022, underlining the pressure that New... government spending ceiling by 2 billion euros, although it is not a given that the full amount
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IMF urges caution on public finances
Economystance that Greece should record a primary surplus of roughly 2 pct of GDP, which it sees being achieved by 2027. This will follow a deficit of less than 2 pct of GDP this year, contingent on the need
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Greece's fiscal path becoming clearer; sizeable adjustment lies ahead
EconomyMacroeconomycurrent commitment is for a primary surplus of roughly 2 pct of GDP. Despite the fiscal laxity since... as Greece is scheduled to have a primary deficit of close to 2 pct of GDP this year, as the Ukraine
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Government claims tourism season a major success, opposition begs to differ
PoliticsGreek Politicsis preparing around 2 billion euros in interventions this autumn. This includes electricity and fuel..., but it appears that this will not involve the government shifting its 2 pct of GDP primary deficit
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Vehicle sales record back-to-back annual drop of 2.7 pct in July
EconomyMacroeconomyThe rise in road motor vehicles going into circulation for the first time stayed broadly unchanged in July, rising by 2.3 percent year-on-year (YoY), following 2 percent growth in June, according... cars rising by 2.7 percent, used passenger car sales were down by 2 percent. In the seven months
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Govt puts focus on handouts, migration to take heat off surveillance affair
PoliticsGreek Politicsthe original figure of 800 million to 2 billion euros. The government has been hoping that this can... euros, which could reach 2 billion euros by year end. Tourism is also a moving target. Government
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OECD sees recovery slowing, urges fiscal discipline
EconomyMacroeconomythe economy to outdo EU peers in 2023 as well, with growth closer to 2 pct. The authorities see 1.8 pct... capital. The OECD also urges the Greek authorities to return to the primary surplus goal of 1.5 pct to 2
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Newsletter 373 - 10/03/2023
. If the elections are held on May 14 or 21 and a second vote is needed, this could be held on July 2... push this year’s growth to 2 pct, from 1.6 pct in the budget baseline. This could settle any fiscal
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ND's opinion poll decline thrusts PASOK back into spotlight
PoliticsGreek Politics. The party’s ratings jumped from 2 to 4 pct. The undetermined vote, including undecided voters... for New Democracy by 2 to 4 percentage points is more than just a temporary blip and is replicated
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Parties give first hint of strategies in reaction to poll announcement
PoliticsGreek Politics. This step, which is expected to take place on May 2, will determine whether Ellines, the party of jailed... will be dissolved anew by May 31, and new elections declared for July 2. The second contest would take
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