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Athens prepares to send draft budget to Brussels, lines up next tax measures
PoliticsGreek PoliticsThe government is hoping to wrap up on Monday the budget negotiations it has been having over..., the government also has to take into account the recent rulings by the Council of State regarding.... The potential fiscal challenges ahead mean that the government has tempered its pledge
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Coalition ready to pass first legislation as agenda for lenders' talks grows
PoliticsGreek Politicsof those three measures stands at 200.3 million euros and the government has identified savings in two... that the government is under extreme pressure to meet its commitments. It has to pay 950 million euros... banks. However, the government has been forced to gather the cash reserves of various public
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Newsletter 244 -20/03/2020
Democracy has a cash buffer of more than 30 billion euros at its disposal, which it inherited from... on Reddit. Its accuracy has not been confirmed. It should also be pointed out that although the restrictive..., as well as the rate of increase, seems to be relatively low for now, there has also not been extensive
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Amid Eurogroup stalemate, Athens focusses on extra liquidity available after ECB move
Economyto cover medical costs, but should come with conditions if they are used for economic support. It has... available. The European Investment Bank has also proposed guaranteeing up to 200 billion euros of loans... of this budget has to come with some form of conditions. — Wopke Hoekstra (@WBHoekstra) April 8, 2020
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After an international agreement comes the domestic politics
Agora) counterpart Zoran Zaev will hold. In the short-term, Zaev has committed to putting the deal to a referendum... on both sides. Skopje has apparently accepted that it will have to change the country’s name from..., in other words domestically and internationally. Furthermore, Zaev has agreed to review his country’s
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IMF report sees a number of risks lying ahead for Greece
EconomyProgrammeloan tranches for Greece totalling 3.41 billion euros. The report underscores that Greece has gone... percentage point (pp) each. In addition, lower privatisation has increased the projected debt ratio by 0.4... has been primarily achieved through shrinking imports. The IMF stresses that exports excluding oil
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Newsletter 115 - 21/04/2017
be highlighted that the IMF has insisted for some time that the measures taken so far by Greece... that Greece will have to follow from 2019 onwards. The IMF, including Lagarde, has reiterated its position... for the return of the missions to Athens next week, was that this issue has now been settled
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New overdue taxes rise by 610 mln in May, total stock remains above 100 bln for fourth month
EconomyMacroeconomymillion, data from the Independent Authority of Public Revenues (IAPR) has shown. The aggregate figure... the total number of tax debtors has stayed under 4 million. The total for legacy tax arrears (i.e.... entirely driven by an increase in new debt. Total debt has remained above the 100-billion mark for four
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New overdue taxes rise by 377 mln in July, total stock above 102 bln for second month
EconomyMacroeconomyof 428 million euros, data from the Independent Authority of Public Revenues (IAPR) has shown... of 80 million month-on-month, which was almost entirely driven by rises in new debt. Total debt has... 88.6 percent in June. The aggregate rate of collectibility came to 81.4 percent. The IAPR has set
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Greeks less optimistic in face of second Covid-19 wave, survey finds
Societyrelatively well. Since then, as lockdown measures were eased, the country has found itself...Thinktank diaNeosis has released a survey tracking the reality of life in Greece during.... The pandemic has altered many aspects of how Greeks live their lives now. The majority of respondents
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