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Strong public support for farmers adds to pressure on PM for more measures
PoliticsGreek Politicshas been in place for the agricultural sector for the last two years. Also, there will be a 10 pct.... The percentage of respondents who say they intend to vote for the conservatives has fallen to 30.5 pct... that the Mitsotakis administration has suffered considerable wear-and-tear over the last three months. However
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Demand for cost-of-living measures intensifies as opposition backs strike
PoliticsGreek PoliticsConfederation of Workers (GSEE) has called a general strike on Wednesday demanding the reinstatement of collective contracts and more forceful action on the cost of living. The protest has the support of left... will in its attempts to tackle inflation and address low earnings. Main opposition party SYRIZA has said
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Athens sees faster pace of progress in review talks but no final deal yet
EconomyProgrammepoints relate to the measures and the counter-measures to be implemented beyond 2018. The IMF has..., the government has submitted a series of proposals for growth-enhancing counter-measures worth 400-500... optimistic after Tuesday’s meetings noting that a “quite large agreement” has been reached on many
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EC sees resilience in Greek economy, urges additional measures in 2016 and 2017
Economyreview, the government has committed to ensure that the fiscal targets throughout the bailout... that the agreed fiscal policy measures are expected to deliver savings of up to 2 percent of GDP (3.5 billion... of GDP from pension and tax income reforms as well as expenditure rationalisation, further measures
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Fiscal obligations set out in sMoU, discussion on speeding up tax measures due in May
EconomyProgramme. On the expenditure side, a spending review has been initiated, and is expected to yield 0.1 percent... of the fiscal policy if the above measures lead to permanent fiscal over-performance of the programme targets... fiscal sustainability and help close the second programme review. Those measures also intend
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Budget primary deficit of 4.80 bln confirmed for May as Covid-19 measures hit
EconomyMacroeconomyexecution bulletin for May showed on Thursday. The budget for May has been widely considered... of tax relief measures such as the suspension of VAT payments and the assessed debts... the target of 18.74 billion euros. The MoF said that this was due to the impact of measures taken
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After Merkel, Samaras faces immediate challenges on domestic front
PoliticsGreek Politicsgovernment has to meet a series of challenges before the beginning of 2014 when the country takes over... has achieved a great deal, despite the ongoing friction with the troika. “Substantial progress... surplus. However, April is still a long way off for Samaras and Greece. The prime minister has
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New Democracy bewildered by ballot failure as Tsipras solicits consensus
PoliticsGreek Politicsmajority trimmed by two during last week’s vote on another set of bailout-related measures, it has... has to start spreading the political cost of a series of unpopular measures if he wants to remain... current leader Evangelos Meimarakis by late on Sunday night. He has probably chosen not to speak
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Parliament gears up for budget vote as auction concerns persist
PoliticsGreek Politics. While the opposition has focussed on the new measures that will be introduced next year, the coalition has attempted to draw attention to the prize of the programme exit next summer. Finance Minister... has legislation related to the prior actions to pass through Parliament in the coming days
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Prior actions and crucial meetings dominate agenda for rest of month
EconomyProgrammedeal with the institutions on June 21, as has been stated by European and Greek officials, or if more time will be needed and the deadline will be moved to the July 12 Eurogroup, Athens has its work cut... to provide an update on the progress the government has made at the Euro Working Group on Thursday
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