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PM announces extensive measures to build on recovery, counter inflation and put govt on track
PoliticsGreek PoliticsProjecting the message that “Greece is changing,” Prime Minister Kyriakos Mitsotakis set out a range of measures at the Thessaloniki International Fair (TIF) on Saturday that he hopes will allow his government to turn a new page and build new momentum on the road to the next general elections
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Greece to sign augmented defence deal with US, buy more Rafale jets
PoliticsForeign PolicyIn a significant development for Greek foreign policy, Athens and Washington look set to renew their Mutual Defense Cooperation Agreement (MDCA). Greek diplomats argued that the deal takes on even greater significance due to the current geopolitical conditions, not just in Greece’s neighbourhood
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ND eyes more tax relief as early elections come into play
PoliticsGreek PoliticsVAT on animal feed. Reports suggest that more communications set pieces of this type can be expected
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RRF injection pushes primary balance above target, but regular tax revenues short by 504 mln
EconomyMacroeconomyThe budget primary balance recorded a deficit of 6.39 billion euros in the first eight months of 2021, compared with a deficit of 5.48 billion in the same period last year, the preliminary Finance Ministry (MoF) budget execution data showed on Thursday. The primary balance was above the target set
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Newsletter 308 - 17/09/2021
PoliticsPM’s handouts spark snap poll expectationsGreek politics was dominated this week by the measures set out by Prime Minister Kyriakos Mitsotakis, which involved a fiscal package so substantial that it immediately sparked fresh and substantial speculation that the prime minister is considering
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Food delivery boycott prompts SYRIZA to argue against labour deregulation
PoliticsGreek Politicsrelevance to what would otherwise would have been a well-rehearsed set piece. Labour Minister Kostis
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Banks moving at pace on road to recovery
EconomyBankingthe criteria of Minimum Requirement of Eligible Liabilities (MREL) set by the Supervisory Board of the ECB
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PBO highlights exceptional factors supporting recovery, cautions against complacency
Economy. There is a further set of encouraging macro data, with unemployment down by 3 percentage points at 14.2 pct
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Budget deficit of 6.38 bln in Aug confirmed; target beaten due to one offs
EconomyMacroeconomyThe budget primary balance was confirmed at a deficit of 6.38 billion euros in the first eight months of 2021, compared with a deficit of 5.48 billion in the same period last year, the final Finance Ministry (MoF) budget execution data showed on Monday. The primary balance exceeded the target set
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ND walks tightrope with 2022 budget, looks for answer to inflation
PoliticsGreek Politicsthat has been set aside for this purpose is increasingly looking like having a limited impact as gas prices
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