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PM tries to isolate protesting farmers, dismisses talk of reshuffle
PoliticsGreek Politicsfarmers will have received a total of 3.5 billion euros of funds, compared to 3.2 billion last year.... “There is a big distance between saying that you are going to set up a party and actually setting one
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PM unveils 300 mln support package, pairing economic relief with major defence upgrade
PoliticsGreek Politics. Prime Minister Kyriakos Mitsotakis outlined a set of four interventions aimed at absorbing the impact... participation by the Greek defence industry. The government has committed that 25 pct of the total value
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Brussels flags downside risks for Greece as conflict‑driven inflation surges
EconomyMacroeconomyin 2026 thanks to record RRF inflows. However, rising energy prices are set to reduce households’ real... position, with the budget expected to post a total surplus of 0.8% of GDP this year and 0.6
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New Democracy and PASOK challenged by arrival of new parties
PoliticsGreek Politicsold. The poll confirms the near‑total collapse of SYRIZA and New Left, both of which now register... of ELAS and Elpida has set off a chain reaction across the political spectrum. The government
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OECD's latest outlook sees stable growth, rising inflation
EconomyMacroeconomyis the RRF, with public investment set to peak in 2026. RRF‑related spending is projected to rise from... the evolving conflict in the Middle East. With net energy imports accounting for 93% of its total energy
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SYRIZA fractures further after direction shift as ND grapples with post-election scenarios
PoliticsGreek Politicslawmakers in total were said to be heading for the exit following the weekend’s controversial decisions... on constitutional reform set for August, this would leave the field open for elections as early as September
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From soup kitchens to school meals, demand for welfare in Athens is surging
Society, including soup kitchens, and the findings of its report provide further cause for concern about the social... the soup kitchens have started doing so in the last six months. Furthermore, 76 percent of those... per month. Six in 10 of those who attend at least one of the two soup kitchens a day are aged
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Macroeconomic fundamentals for Greece
Agoraof the labor force. Figure 3 indicates the assumption that the unemployment rate can fall further... 175 percent of GDP; a fiscal balance of around minus 3 percent; the interest bill around 2½ percent, and the primary balance around minus ½ percent of GDP (Table 3). This would reflect a notable
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Unpopular but effective property tax returns for another year
EconomyMacroeconomythat the total ENFIA amount due for 2016 will be kept stable, while parcels of land will be excluded from... findings on Greeks’ real estate wealth and tax payment. A total of 7.46 million taxpayers (including individuals and corporates) owned property value worth 698 billion euros. The total ENFIA due
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The key points from lenders' proposals to Greece
EconomyProgrammeprimary surplus targets of 1 percent of GDP for 2015, 2 percent for 2016, 3 percent for 2017 and 3.5... corresponding to 3 billion euros for 2015. The first key measure involves reforming VAT.... The Greek proposal included 3 VAT rates at 6, 11 and 23 percent, The lowest rate of 6 percent
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