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Budget primary surplus of 4.2 bln in Feb beats target on back of higher VAT, income taxes
EconomyMacroeconomy. The overall balance is better than the target by 2.27 billion euros. Revenues Net revenues for the period... billion, 330 million euros higher than the target, excise tax revenues came to 979 million euros, 39... to 784 million euros, 104 million more than the target. Expenditure In February, overall expenditure
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Parties give first hint of strategies in reaction to poll announcement
PoliticsGreek Politics, claiming that it has the potential to produce a government with the support of more than a third... less than 10 percent of the vote he prefers to stay in opposition rather than become a junior partner
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Newsletter 377 - 07/04/2023
in the first ballot and more than 36 pct in the second). Although New Democracy’s support dipped last... towards how it can secure a parliamentary majority, rather than be locked in a fight for first place... of a coalition than the New Democracy leader does.
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BoG sees 2.2 pct growth in 2023 but warns new govt must stick to reforms
Economy. The BoG sees the economy growing faster than it was previously thought, up to 2.2 pct, from 1.5 pct previously, though significantly slower than the nearly 6 pct seen in 2022. Consumption and investment... uncertainty, lower-than-expected RRF funds absorption, halting of reforms or reversal of past reforms
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Judicial row erupts over election legislation as poll points to ND recovery
PoliticsGreek Politics, rather than frontmen, have been convicted of crimes. Last week, former Supreme Court prosecutor... insisted that he was elected the new leader of the party rather than it being a cosmetic appointment... the Supreme Court’s plenary rather than its first section decide whether each party’s leadership fulfils
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SYRIZA's coalition options scrutinised as Tsipras remains focussed on first place
PoliticsGreek Politicsbetween the leftist and ND turns out to be considerably smaller than expected. Another factor... by arguing that Germany has relied on strong coalition governments for decades rather than single-party... voters, who appear more open to the idea of coalitions, than older ones, who are used to seeing Greece
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Rise of smaller parties a barrier to decisive result in first elections
PoliticsGreek Politicshe founded, but with Brigadier Dimitris Hatziliadis leading the grouping, rather than former deputy... by abstaining from a vote of confidence. If just MeRA25 were to abstain, rather than join the coalition, it would bring the threshold for the vote of confidence close to 140, rather than 151. However, even
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On monetary policy and inflation targeting
Agorainflation will be tolerated (higher) than average (for a while) to make the price level converge... on conditions, an increase in the policy rate, or the policy rate may be raised more moderately than...-level targeting be a more steady anchor for the longer run for the nominal economy than inflation
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Newsletter 381 - 19/05/2023
Programme submitted to Brussels just a few weeks ago, the debt-to-GDP ratio drops from more than... high at over 123,000 more hires than departures. During the first four months, the hiring balance improved by more than 32,000 on last year and it stood at close to 186,000. PodcastsGreek elections
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Mitsotakis not taking majority for granted despite encouraging poll numbers
PoliticsGreek Politicspolls continue to suggest that there is little danger of New Democracy not gaining more than 150 seats... for Mitsotakis to be in danger of not having more than 150 MPs. In their bid to drive up flagging support... that Mitsotakis would be able to find some opposition MPs to join his government, rather than risk
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