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Newsletter 454 - 07/03/2025
, called on his colleagues to support the motion to help clear his name. The inquiry will examine... the accused to a special court. The committee’s recommendation will need to be approved... that Papageorgiou resigned to help ease the pressure on the government following the recent mass protests over
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Is a lack of spending hampering Greece's firefighting capabilities?
Societywill such generous donations help to prevent repeats of the disaster? Not austerity as we know it Although... forest. The contribution of austerity to this specific tragedy will need to be demonstrated rather... be wrong to over-emphasise austerity at the cost of ignoring more intractable structural forces that need
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Cyprus “success” preludes something bigger in European banking
Agorasure effect: To make you sweat and scale down your accounts to less than 100K, then run to find the most secure refuge possible for your (depreciating) savings. At first you will go for the core... your deposits, at least not all of them. It is only prodding you to move your savings
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UnLuCky for some: Another painful lesson from the euro crisis
Agorathe trade balance. Since there is no one to finance your excess imports you keep turning the screw until it is your exports that finance your imports and your trade is balanced. Disposable incomes were... your net foreign liability position has not improved at all this might act as a deterrent to inflows
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Direct taxes jump by 46 pct to help Sept. revenues beat target for third month in row
EconomyThe budget execution to September showed revenues beating monthly targets by 339 million euros for the third straight month in September, with the year to date shortfall further narrowing to 710 million from its peak of 1.61 billion euros at the end of ...
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EU subsidies help push Q1 primary budget surplus to 1.57 bln, well above target
EconomyGreece’s budget execution showed a primary surplus of 1.57 billion euros in the first quarter of 2014, three times higher than the 520 million recorded in the corresponding period last year, according to the preliminary data released by the Ministry of ...
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Services help increase Greek current account surplus to 1.37 bln in June
EconomyMacroeconomyGreece's June current account (C/A) balance showed the country’s surplus widening by 53 percent to 1.37 billion euros from 898 million last year, according to the Bank of Greece (BoG). The significant improvement mainly stems from an increase in the ser...
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The six reform proposals Greece hopes will help unlock more funding
PoliticsGreek PoliticsFinance Minister Yanis Varoufakis is expected to present six reform proposals to the Eurogroup on Monday. The content of these proposals has started to emerge. Government sources informed the media on Tuesday which six items would be chosen to be put be...
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Tsipras halts bid to help smaller parties amid opposition criticism
PoliticsGreek PoliticsPrime Minister Alexis Tsipras instructed parliamentary speaker Nikos Voutsis (also a SYRIZA MP) not to proceed with any changes to parliamentary rules that would impact on the privileges available to elected parties that are no longer able to muster a p...
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Budget primary balance at 823 mln in Feb, beating target with help of higher revenues
EconomyMacroeconomyThe budget primary balance recorded a surplus of 823 million euros in the first two months of 2018, down significantly against last year’s figure of 2.70 billion euros, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Friday. T...
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