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Solid revenues, contained spending lead to primary balance beating target by 2 bln in Nov
EconomyMacroeconomyfor the period stood at 59.19 billion euros, beating the target by 223 million euros. Taxes beat
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Lest we forget
Agora“The people don’t forget, they hang fascists,” goes a chant that Greeks have been hearing for decades. This year, seeing the fascists being put behind bars will suffice for most. The slogan is born... rearing its head and feeding off this rotten system cannot be discounted. Even if things go
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You've heard the Greek crisis myths, now here are some truths
Agorawas on a sustainable path. Ex-Prime Minister Antonis Samaras must be vexed at hearing his former... years and seems to be rearing its head again, which is that Greece has not been through a gruelling
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End of troika in Greece would create new challenges for coalition
PoliticsGreek Politicsexits the bailout. “The memorandum is nearing its end,” he said last week. “The troika will have... elections, he spoke of “tearing up the memorandum, page by page.” Similarly, PASOK leader and Deputy
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Athens gearing up for new bond issue amid favourable market conditions
EconomyProgrammeGreek authorities appear to be working in parallel on the two goals Athens has set following the completion of the second post-programme review: To issue another sovereign bond and to pay off some of Greece’s debt to the International Monetary Fund befo...
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Making the extraordinary ordinary
Agorain harrowing circumstances. 4.1 Miles from The New York Times - Video on Vimeo. The film is a searing study
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Loans managed by servicers rise by 7.54 bln in Q4 2021, nearing 80 bln
EconomyBankingIn the last quarter (Q4) of 2021, loans managed by Credit Servicing Firms (CSF) stood at 79.74 billion euros, according to data released by the Bank of Greece (BoG) on Wednesday. This represents a 7.54-billion-euro rise quarter-on-quarter, from 72.2 bil...
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Public debt jumps by more than 6 bln in Q1, nearing 395 bln in total
EconomyMacroeconomyGreece’s central government debt increased by more than 6 billion euros in the first quarter of 2022 to 394.55 billion euros, from 388.34 billion euros in the final quarter of last year, the Finance Ministry's (MoF) debt bulletin showed on Thursday. The...
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New energy subsidy scheme nearing launch as public remains sceptical
PoliticsGreek PoliticsThe government submitted to Parliament on Tuesday an amendment paving the way for the latest energy subsidy scheme to be launched in the coming weeks, a programme New Democracy hopes will assuage the public and win back some of the support it has lost o...
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DIMAR faces struggle to survive in 2014, a year of elections
PoliticsGreek Politicstrying to get its bearings and decide whether it favours being a potential coalition partner for SYRIZA
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