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After pension dispute with lenders, coalition faces domestic unease
PoliticsGreek Politicsout its excess surplus. New Democracy has been the most active in trying to compound the government..., who has a stronger connection with the party’s traditional right-wing supporters than conservative leader Kyriakos Mitsotakis, has had a more prominent role in the last few weeks – a sign
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Opposition pressures SYRIZA by refusing to support bills ANEL dodges
PoliticsGreek Politicsand ANEL has been iron-clad as far as MoU-related measures are concerned but has run into complications... a Muslim, rather than Turkish, minority in northeastern Greece and has refused to allow the union..., which has an ultra-conservative stance on social issues, will support the bill. The stance taken
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Coalition stresses positives, expects full support for multi-bill
PoliticsGreek Politicsamong left-leaning voters. As a result, it has been desperate to stress some of the more voter-friendly measures included in the draft legislation. The increase in child benefits has been top of the government’s list in its efforts to paint a more positive picture of what has been agreed
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Athens and creditors place immediate focus on remaining key deliverables
EconomyProgramme. Greece has included these measures in its growth strategy, along with plans for the creation... much progress the Greek government has made in completing the 88 prior actions of the current review... be ticked off the list. One of the prior actions that has trouble the government most
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How 'clean' can an exit be? Athens snared between Rome and Berlin
Agorahas created costs and given rise to negative feedback loops in other countries. The “Italian crisis... newly appointed German colleague Heiko Maas how well Greece has developed. Meanwhile the latter’s... even consider such a move, capital markets would trounce Greek government bonds. A cash buffer has
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SYRIZA prepares for final bailout vote, seeks to highlight benefits
PoliticsGreek Politicshas yet to be completed, and the looser form of surveillance have been stressed repeatedly... will hope that as the government conveys this message to MPs and voters, some of the support SYRIZA has... to the prime minister. It suggests that the gap between New Democracy and SYRIZA has narrowed slightly so
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Card transactions in Greece experience boost due to capital controls
EconomyBankingof 2015 were cited as a key driver for the jump in card payments in Greece, where cash has... data has been made available, the figure had jumped to 12.1 percent, only 2.7 percentage points (pps... lifting capital controls. The Ministry of Finance has been stepping up efforts towards the lifting
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Disposable income grows by 3.3 pct in Q2
EconomyMacroeconomyincome has remained in positive territory for five consecutive quarters, with the latest rate..., disposable income has fallen by 21.2 percent, or by 8.28 billion, as salaries were cut during a wave... percent, and stood at 15.88 billion. Employee compensation has fallen by 16.5 percent over the last seven
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After 2019 budget, lenders turn attention to Greek post-MoU reform tasks
EconomyProgrammesettled most of the legislation relating to the “positive measures” it has promised voters..., Greece has approximately 8.8 billion euros in bonds maturing in 2019, while the repayments to the IMF... in the final budget, the finance ministry has earmarked over 9 billion euros from the cash reserves
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Disposable income rises by 4.1 pct YoY in Q3, final consumption grows 1.8 pct
EconomyMacroeconomyStatistical Authority (ELSTAT) data released on Thursday. The YoY change in disposable income has... of 0.4 percent in social contributions. Since 2011, disposable income has fallen by 17.2 percent.... Employee compensation has fallen by 14.8 percent over the last seven years due to a sharp rise
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