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At sidelines of UNGA, Mitsotakis talks up Greece’s prospects as energy, tech hub
PoliticsGreek Politicsconsumption-driven, the PM explained Moving beyond tourism’s 3 percent share of GDP, Mitsotakis set... already allocates over 3 percent of GDP to its military, upgrading F-16s, acquiring F-35 jets, and taking... eclipse 100 percent on windy, sunny days, the PM noted. Greece is courting investment in storage
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Final 2026 budget foresees stable growth and strong tax performance
EconomyMacroeconomy, from 3 and 2.8 percent respectively this year. Employment growth slows further to 0.4 percent, from 0.7..., from 9.15 billion in 2025. Interest payments are estimated at 3 percent of GDP, or 7.71 billion... sees bonds exceeding 100 billion euros, at 100.76 billion euros, from 100.76 billion euros in 2025
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Tsipras issues rallying call to progressive camp as ND slides in polls
PoliticsGreek Politicsfor the government, expressed by 71 pct, up 3 percentage points since March, while the negative views of PM Kyriakos Mitsotakis are also on the increase, up 3 percentage points to 69 pct. The top concerns... of the Golden Visa, blamed for the housing crisis, and a 100 pct tax on properties by non-EU residents
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Collapse in revenues brings 2014 primary surplus to 1.9 bln, 3 bln short of target
EconomyGreece’s budget execution displayed the primary surplus significantly narrowing by 1.64 billion month on month (MoM) to 1.93 billion at the end of 2014 from 3.57 billion in the 11-month period, according to the Finance Ministry (MoF) preliminary budget ...
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Cash primary surplus for Jan-Jul close to 3 bln on improved revenues
EconomyMacroeconomyGreece’s central government primary cash surplus improved by 23.3 percent to 2.99 billion euros in the 7-month period of 2015 from 2.42 billion last year, according to the Bank of Greece (BoG). It should be noted that last year’s figure incorporated one...
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Economic sentiment reaches 101 pts in Dec, highest in more than 3 years
EconomyMacroeconomyGreece’s economic sentiment (ESI) had one of its most marked improvement of 2017 in the final months of the year, when it edged up by 2.6 points to 101 from 98.4 in November, European Commission (EC) figures revealed on Monday. December was the second t...
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Almost 1 in 3 jobs in private sector are part-time, average full-time salary at 936 euros
EconomyMacroeconomyThe Unified Social Security Fund (EFKA), which has since last year seen all the main social insurance funds in Greece come under its umbrella, released on Wednesday its latest employment data. The data has a significant lag since the most recent availab...
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The Agora Podcast - Episode 3 (Europe in recovery mode)
AgoraThe European Commission has presented its proposal for a recovery fund to help EU countries stimulate their economies and overcome the impact of the coronavirus. In this episode of The Agora, Nick Malkoutzis speaks to John Springford and Christian Odend...
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Tales From the Region #3
AgoraThe founders of the European Project dreamed of a united Europe: a continent of peace, solidarity and common prosperity. Europe without borders and divisions and diverse population. A Europe that will be "stronger together". Do Europeans today cherish t...
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Budget primary deficit reaches 9.09 bln for H1, up almost 3 bln on 2020
EconomyMacroeconomyThe budget primary balance was confirmed at a deficit of 9.09 billion euros in the first half of 2021, compared with a deficit of 6.1 billion in the same period of 2020, according to the final Finance Ministry (MoF) budget execution bulletin for June re...
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