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Greece and lenders far apart on foreclosures as housing NPLs keep rising
EconomyProgrammeThe protection of primary homes from foreclosures emerged as one of the key areas of significant difference between the Greek government and the institutions during the 3-day visit of the quadriga mission chiefs to Athens last week. The issue also came ...
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Greek tax wedge remained far above OECD average in 2015
EconomyMacroeconomyThe tax wedge in Greece remained well above the OECD average in 2015, according to the OECD Taxing Wages 2016 report released on Tuesday. OECD defines tax wedge on labour income as a ratio with the numerator equal to the sum of personal income tax plus ...
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IMF far more pessimistic than eurozone on Greek debt, urges significant relief
EconomyProgrammeThe International Monetary Fund's updated Debt Sustainability Analysis (DSA) sees Greek debt as being highly unsustainable and stresses that even with the full implementation of the policies included in the third eurozone bailout programme, both debt an...
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Primary surplus up to 3.9 pct of GDP in 2016, far above target
EconomyMacroeconomyGreece’s general government primary surplus climbed to 3.9 percent of GDP in 2016, according Hellenic Statistical Authority (ELSTAT) first notification published on Friday. The headline figure confirms recent comments made by the government and top euro...
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SYRIZA and ANEL: Far from picture-perfect
AgoraThe picture from the first meeting between Alexis Tsipras and Panos Kammenos in January 2015, after SYRIZA’s election victory was a sign of things to come. The pair’s idiosyncratic alliance is coming to an end now, having lasted longer than many observe...
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Survey finds only 60 pct of hotels operated in the year so far
EconomyFeaturesThe Hellenic Chamber of Hotels (HCH) has released a new survey of its members which shows the troubled state of Greece’s hotel sector in the midst of the coronavirus pandemic. It found that only 60 percent of hotels operated during the year to date. Reg...
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Watchdog's ruling in voter email leak prompts opposition calls for minister to resign
PoliticsGreek Politicson the Interior Ministry in connection to the leaked emails. They were found to have breached data... the time of the national elections. Someone from the Interior Ministry, who has not been identified... for the European Parliament elections next month. Interior Minister Niki Kerameus has stressed
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Central gov't cash surplus rises by 53.8 pct to 603 mln in January
EconomyMacroeconomyGreece’s central government net balance on a cash basis showed the surplus widening by 53.8 percent to 603 million euros in January from 392 million last year, according to the Bank of Greece (BoG). At the same time, the primary cash surplus rose to 812 million, up by 27.7 percent compared to last
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Greek primary budget surplus doubles to 835 mln in Jan but below target
Economyof 812 million incorporated in the 2014 budget. MoF sources suggest that an agreement with the troika
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Greece agrees with troika, looks to tranche release and redistribution of surplus
PoliticsGreek Politicsapparently settled at 2.9 billion, which is well above the 2014 budget estimate of 812 million and even
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