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Lenders appear at ease with Tsipras pledges, cautious on pension cuts
EconomyProgrammeThe institutions have begun poring over Greece’s budget execution data as part of the first post-programme inspection, which will also include a close look at the pledges made by Prime Minister...-Claude Juncker’s spokesman Margaritis Schinas noting that Greece’s 2019 budget would be examined
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Tsipras confident on pension cuts, reticent on snap elections
PoliticsGreek Politicsthat this figure will be achieved, and the statistics show that it will, we will submit the 2019 budget... added. The state of play in Greek public finance, along with the 2019 budget, were due to be part
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Primary cash surplus up to 16.76 bln in Aug on improved revenues and cash buffer disbursement
EconomyMacroeconomyBudget (PIB) balance showed a deficit of 146 million euros in August, improving on the deficit... for the same time last year. The preliminary budget execution figures released by the Finance Ministry
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Privatisation revenues edge upward as end-of-year deadline looms
EconomyFeatures. According to the final budget figures up to August that were released by the Ministry of Finance (MoF... of the year. The government's draft budget report lists a total of 13 privatisations due
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FinMin sets out how it would alter policy mix to prevent pension cuts
EconomyMacroeconomyIn its efforts to avoid the politically sensitive issue of cutting pensions further, the Finance Ministry presented in the draft budget this week an alternative scenario consisting of a significantly... budget that was submitted to Parliament on Monday night, the fiscal space that will keep Greece
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Coalition hopeful on pensions, looks to maximise impact of limited relief measures
PoliticsGreek Politics. It is noticeable that since Monday’s Eurogroup, which coincided with the tabling of the draft 2019 budget... government more than one on December 3 as the final version of the budget has to be submitted
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In updated forecasts, IMF sees Greece meeting fiscal targets and debt falling
EconomyMacroeconomysees the overall budget balance in a surplus of 0.5 percent of GDP, which extends the streak.... For 2019, the Fund sees the budget in complete balance, leaving its estimates unchanged from the previous
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Primary cash surplus at 17.96 bln in Sept as expenditure for the month falls
EconomyMacroeconomyfell by 1.24 billion euros. The Public Investment Budget (PIB) balance showed a deficit of 60... to a deficit of 500 million for the same time last year. The preliminary budget execution figures
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Athens edges towards compromise on pension cuts but may have to plug fiscal gap
EconomyProgrammeBrussels on Friday, Prime Minister Alexis Tsipras appeared optimistic that Greece’s draft budget... apparently believe that the projections in the 2019 budget leave a gap that must be plugged, either
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Pensions spending stable but early retirees burden system
EconomyMacroeconomythe fiscal space to forgo this measure. The 2019 budget submitted to the European Commission... optimistic that the budget would be accepted without any changes. The latest cuts aside, the country’s aging
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