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Budget primary shows deficit of 7.01 bln in September
EconomyMacroeconomyThe budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus of 4.47 billion noted in September 2019, the final Finance Ministry (MoF... during the first nine months of the year. Personal income tax (PIT) was below target by 763 million
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Budget exudes fiscal stability, but hints at political complications
EconomyMacroeconomyLast week’s five-day debate on the 2025 budget concluded on Sunday without any complications for the government, and the economic plan is certainly in line with the Greek authorities’ narrative that stabilising the economy is one of the current administ...
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The first cut is the deepest? Greek pension reforms in context
EconomyFeatures– a look he has affected for well over a decade – adopts an alarmed look. The caption screams “NEW... the timestamp of any date from 2010 to the present day, as pension scaremongering has become... of Greece’s elderly. Although a burgeoning pension deficit has been the elephant in the room of Greek
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Newsletter 62 - 12/02/2016
Pensions remain central issue Positive hints from Eurogroup as IMF calls for more measures The Eurogroup on Thursday evening sent a relatively positive signal, noting that progress has been achieved... it has a tougher task in its negotiations with the lenders. TV licensing legislation passed Govt stands
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Newsletter 82 - 15/07/2016
hints at changes to electoral bill Govt at loggerheads with judiciary over Siemens trial suspension... electoral law. The premier’s less-than-confident statement highlights the difficulties the coalition has... the reform in order to give SYRIZA more power if it loses the next election. He argued that Greece has moved
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Greece's post-lockdown hubris
Agorathe general public has embraced the scientific guidance in the post-lockdown environment. What went... – flock. It is fortunate that the anti-lockdown or anti-mask message has not been consciously adopted... provided another forum for sceptics and conspiracy theorists of all stripes, whose stock-in-trade has
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The joke's on Greece
Agorahints at the self-destructive streak that has been a characteristic of the crisis era in Greece... fragile, self-denigrating frame of mind. After seven years of being pummelled by criticism, it has become... that predate the crisis but which have at times being exacerbated by it – play a role in this. There has been
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Newsletter 445 - 13/12/2024
contrast to the government’s position. Prime Minister Kyriakos Mitsotakis has made it clear... direct, methods of putting pressure on lenders with regard to their practices. It has been reported... on the matter. He argued that New Democracy inherited a severely damaged banking sector in 2019 and has
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Newsletter 486 - 28/11/2025
week has been dominated by payouts, protests and a memoir that hints at comeback. Prime Minister...’s book has reignited speculation about the former SYRIZA leader’s return. Farmers’ fury over... abolition of the “personal difference” that has long penalised retirees. The Prime Minister linked
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Mitsotakis tries to calibrate domestic message amid widening EU-US rift
PoliticsGreek PoliticsPM Kyriakos Mitsotakis has issued a cautious message on the rapid escalation in EU-US tension... of Venezuela’s President Nicolas Maduro earlier this month. The Greek PM has been struggling to maintain... partner of the United States and as a member of the EU, adding the country has fought to make
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