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Newsletter 219 -13/09/2019
the government’s tax cuts with the 3.5 percent of GDP primary surplus target for next year, which...) figures showed during the week. The current quarter’s rate is the lowest the unemployment rate has.... The current quarter’s movement was driven largely by a fall in the number of unemployed by around 102,000
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Mitsotakis brushes off latest strike, opposition sides with protesters
PoliticsGreek PoliticsThe government shrugged off Wednesday’s strike – the second in as many weeks – as the action... minimal and was lower in comparison to last week’s protest, the first major opposition faced... was referencing in particular the government’s intention to introduce electronic voting for union members
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Energy bill also unveiled as legislative activity intensifies
PoliticsGreek PoliticsDemocracy’s pledge to prevent labour unions, which have been severely weakened during the crisis... and international projects. The government’s aim is for the state’s share of 65 percent in the first two companies to be sold to a strategic investor. The international projects subsidiary will take over DEPA’s
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Newsletter 232 -13/12/2019
the committee stage earlier. Following the approval from the European Commission’s competition authorities..., Wednesday’s vote was considered historic by the Greek media because it is rare to have such a broad... the crisis will be negatively dispossessed towards the older parties, especially as Greece’s
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PDMA sets 2020 goals to build on improving conditions for debt
EconomyGreece’s Public Debt Management Agency (PDMA) issued on Tuesday its funding strategy for 2020 after... in unfavourable conditions as Greece is not included in the European Central Bank’s QE scheme and Greek banks have a ceiling on GGB holdings. The yields on Greece’s debt have dropped significantly throughout
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Public investment under spotlight amid arguments over budget execution
EconomyMacroeconomy. Wednesday’s statement by Skylakakis appeared a response to SYRIZA’s attempt earlier in the week to criticise..., especially since boosting investment was one of New Democracy’s key election pledges. SYRIZA’s spokesman Alexis Haritsis presented data on Monday to support the opposition’s argument that, due to its
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Perceived corruption in Greece wanes but remains above global average
Societyfor highly corrupt to 100 for highly clean. Greece’s score in the 2019 report was 48 out of 100..., Greece’s score has improved by 12 points since 2012, the report noted. The average score of countries... globally. Greece's figure improved by three points compared to 2018. Conversely, the country’s rank
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ND under attack from all sides over handling of football wrangle
PoliticsGreek PoliticsCommission found that there are ownership links between last season’s champions, PAOK, and a smaller club... authorities, that suggested both clubs should be thrown out of Greek football’s top division. This prompted... of relegation for PAOK and the about-turn by the government with Wednesday’s amendment left ND
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ND targets NGOs in latest bid to bring migration under control
PoliticsGreek PoliticsDemocracy’s efforts to get to grips with the migration challenge, the volatile nature of which... as well, but has not provided tangible evidence to back up the theory. During Tuesday’s debate... the creation of a network of deep-rooted interests that took advantage of people’s pain
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Govt takes up fiscal requests with EU as pressure over min wage, main homes mounts
Politicshomes from foreclosure. The visit is Gentiloni’s first to Greece since he took up his post..., Stournaras argued that if Greece’s fiscal target is reduced to 2.2 pct, this would not adversely affect the country’s debt sustainability, but could help boost growth. Lower fiscal targets will allow
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