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Coalition optimistic about pension cuts deal as it readies reduction to contributions
PoliticsGreek Politicsthe Prime Minister’s Office, which accused Ta Nea of publishing fake news. Ta Nea has been a fierce... Marinakis, has soured amid a number of serious court cases involving the businessman, who also owns... has moved out of the MoU era and is able to use the greater freedom available to shape its economic
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Newsletter 229 -22/11/2019
of 3.5 percent of GDP in 2020. The EC has an overall favourable view of its cooperation with the new... interest rate environment for Greek debt that has manifested itself throughout this year, with the caveat.... As such, the steady interest state assumptions have remained unchanged. To capture this the EC has introduced
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Additional public health, economic actions to counter coronavirus impact
PoliticsGreek Politicscentres in the effort to carry out more tests. Assistance Finance Minister Christos Staikouras has... and their employees. The government has already announced it will partly subsidise paid leave for working parents... as a result of the virus outbreak. Staikouras has also promised to speed up the payment of state arrears
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Newsletter 257 -07/07/2020
with the corresponding amounts. Rather than silencing the critics, however, the information has opened up a fresh round... remains strong but that its big lead over SYRIZA has been eroded slightly. According to the Marc..., which SYRIZA has edged up by a meagre 0.2 points. This may indicate that some of the enthusiasm shown
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Newsletter 262 -04/09/2020
advantage the Finance Ministry has in its calculations so far is that it does not need to replicate.... This followed reports in the local media that Greece has agreed to 18 Rafale fighter jets from... expenditure over the coming years also has to be seen in the fiscal context. This year, the Greek primary
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New bid to curb Covid-19 raises demand for more economic support
PoliticsGreek Politicson the national health system has also increased, with a record 114 patients intubated in ICUs across Greece... the support package it has put together for the economy. Announcements are expected at the start... economy is expected to reach 11 billion euros this year. Almost 8 billion euros has come through tax
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PM appeals to Brussels over high prices, sparking opposition scorn
PoliticsGreek Politicswith the government. Over the last few days, Mitsotakis has placed multinationals and their practices in his..., but the government is moving ahead with plans to publicise the issue further. The Greek PM has now... itself as one of the strongest performing centre-right groupings, while Mitsotakis has also
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Government defends tax-cut package against opposition criticism
PoliticsGreek Politics. This is the criticism that has stung the government the most, with ministers rushing to defend the 1.76-billion..., the government has taken to claiming credit for their policies which it says have resulted in Greece offering..., as the opposition has pointed out, the potential benefits may be too diffuse to make a real difference to voters
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Unemployment unchanged at 25.6 pct in Mar but number of employed still falling
EconomyMacroeconomyby 16,100 MoM to 3.52 million, which is the lowest reading since April 2014. In addition, there has been.... This is the lowest reading since May 2012. The jobless figure has almost tripled over the last... for a job. It is the fourth straight month this figure has risen. After a sharp drop by almost 30
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Alpha Bank posts net profits of 53 mln in 2018
EconomyBanking. The bank noted that since 2016, NPE stock has declined by 5.7 billion euros. The quarterly reduction in NPE... funding that the bank currently has on its books. Since 2016, Eurosystem funding has been reduced by 14.9... measured at fair value through other comprehensive incomes. The bank noted that their tangible book
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