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About to soar? Greece's economy still needs to be handled with care
Agorapercent this year, which will present the government with serious challenges in terms of budget performance. The revenues side of the budget is already struggling to meet the targets, falling 682 million... trail by under 100 million. Expenditure has been curtailed to make up for the underperformance
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Newsletter 184 -23/11/2018
Budget aims for relief and growth Pension cuts out, Thessaloniki measures in as Brussels urges faster reforms The government submitted Greece’s first expansionary budget for many years this week... of the reforms it pledged. The budget, tabled in Parliament by Alternate Finance Minister Giorgos Houliarakis
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Tempe rail crash charges reignite debate about scrupulousness of investigation
PoliticsGreek Politicsrepresentatives and employees of the contractor were charged with instigation of subsidy fraud... signalling-telecommand systems, but the contractor attempted to construct an entirely new signalling system
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Budget primary shows deficit of 1.5 bln in Feb, above target by 1.23 bln
EconomyMacroeconomyThe budget primary balance recorded a deficit of 1.5 billion euros in the two month of 2021...) budget execution bulletin for February showed. The primary balance was above its target by 1.23 billion euros. Expenditure excluding interest payments and the public investment budget came to 8.19
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Budget primary deficit at 3.42 bln in March, above target by 941 mln
EconomyMacroeconomyThe budget primary balance recorded a deficit of 3.42 billion euros in the first three month... Ministry (MoF) budget execution bulletin for March showed on Thursday. The primary balance was above its target by 941 million euros. Expenditure excluding interest payments and the public investment budget
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Last-minute labour amendment, university asylum law fuel political row as third bill passes
PoliticsGreek Politicsemployees’ compensation rights. Also, firms are no longer responsible for ensuring that sub-contractors abide by labour regulations. The sub-contractor is responsible for ensuring workers’ rights...-contractors they use and employees having the right to take legal action against employers even
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Budget primary surplus at 5.33 bln in October, beating target on revised budget figures
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 5.33 billion euros in the first 10 months... Ministry’s (MoF) final budget execution bulletin showed on Friday. The primary surplus surpassed its.... The MoF notes that the newly released budget targets have been incorporated into the latest report
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Newsletter 188 -21/12/2018
Politics in flux amid rising tension Blast at Skai/Kathimerini, watchdog appointment and budget... of gaining a clear majority. In between these two developments, the 2019 budget was voted through... Union of Centrists, Yiannis Saridis, voted in favour of the budget. This was viewed as a sign
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Newsletter 176 -28/09/2018
Draft budget expected with interest All eyes on fate of pension cuts as pressure mounts on ANEL... be cleared up by then so it could submit the final 2019 budget to Greek Parliament by the end of November... of the European Commission reviewing the draft budget, which the Greek government is due to table
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Greek primary budget surplus eases to 1.95 bln on back of lower revenues in Aug
EconomyGreece’s budget execution showed the primary surplus narrowing to 1.95 billion euros in the 8-month... to a primary surplus of 1.57 billion in July. The weaker primary budget balance in August is attributed..., but well below the 6.04 billion recorded in July. The 8-month budget deficit amounted to 2.85 billion
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