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Newsletter 133
, it appears that a solution has been found – much to the relief of the government in Athens... organisation’s demand for a new set of asset quality reviews (AQRs) to be conducted. The IMF has... for the government to navigate its way through the third review. However, the IMF has also called for the reduction
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Mitsotakis targets working class votes, centre-left struggles with leadership race
PoliticsGreek Politicsclass – a section of society where his party is competing for votes with SYRIZA, which has repeatedly... on Thursday that this was a deliberate choice as the area has been hit hard by unemployment... months. Two recent opinion polls have suggested that SYRIZA has started eating away at the big lead
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Newsletter 134
The government has acknowledged that the fiscal targets of the 2018 draft budget may be hampered by a tax-weary public. figure for 2018 has also been lowered from 52.94 to 52.49 billion euros... that it would wait until KAS's ruling has been published before it makes any decision. The consortium that has
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Athens rushing to reduce arrears and secure 800 mln in bailout funds
EconomyMacroeconomyof arrears has barely moved. In the case of tax refunds, the figure has actually increased from... to the private sector has jumped from 5.1 billion in June to 6.03 billion in August. In the draft budget..., which has accounted for a sizeable part of the ESM disbursements. A combined 4.3 billion euros has
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PM hopes to avoid stumbling blocks amid numerous outstanding review actions
PoliticsGreek Politicsof the year. This, however, means that his government has to move very quickly in the coming days... Naftemporiki newspaper that there has been significant progress on another 10-15 key deliverables... from the volume of work that has to be done over the next few weeks, the complexity of some
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Economic sentiment at 98.3 pts in October, consumer confidence drops -0.3 pts
EconomyMacroeconomyrepresents a drop of 2.3 points in the overall index month-on-month. ESI has been improving since May..., ESI has improved by 3.2 points since January and 5.1 points since May. Consumer confidence declined... points in October. On a year-to-date basis, the index has gained 13.8 points, having recovered from
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Tsipras eyes review conclusion, insists SYRIZA patience will pay off
PoliticsGreek Politicssuggested that the opposition party has yet to realise that the government is well on the way to achieving... and that it will be distributed among low-income social groups, as the government has promised. Further details were not provided... during the meeting although this was later denied by ministry sources. Mouzalas has long been
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Greece and Albania hold private talks to tackle longstanding differences
PoliticsForeign Policyfor the delineation of the Exclusive Economic Zone; an issue which has been pending from 2009. Since January... of war that has existed between the two countries since the Second World War. Athens, meanwhile, does not recognise the issue of the Cham community, which Albania has been raising since the 1990s
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Greece bottom of the list on EU social justice index
SocietyGreece has come last out of 28 European Union (EU) countries surveyed for the annual Social Justice...) survey. The survey looks at opportunities in the EU across 38 economic and social criteria and has... of downward movement. Greece’s score has been slowly improving since 2014, but when compared
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Broad support in Parliament for handouts amid mixed signals from polls
PoliticsGreek Politics. Conservative leader Kyriakos Mitsotakis has argued that any excess surplus should be used to reduce taxes, particularly the ENFIA property levy, which he has promised to reduce by 30 percent in his... move indicated in the University of Macedonia poll has not translated into a dip in SYRIZA’s rating
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