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SYRIZA rebels poised to launch new group after split
PoliticsGreek Politics“Umbrella” group led by former finance minister Euclid Tsakalotos and the more moderate “6+6” faction
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Mitsotakis hopes tax bill tweaks will calm reactions in push to jump-start stalled reform agenda
PoliticsGreek Politicsunavoidable. The Finance Ministry has offered to make concessions on its original proposal to levy
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GDP unchanged on quarterly basis in Q3, up by 2.1 pct YoY
EconomyMacroeconomyAccording to the latest Finance Ministry estimates included in the final budget for 2024, growth
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Unpopular tax bill set to become law despite objections
PoliticsGreek PoliticsNew Democracy’s legislation against tax evasion looks set to clear the final hurdle today in the teeth of strong objections from opposition parties and legal concerns raised by Parliament’s scientific council. Prime Minister Kyriakos Mitsotakis threw his weight behind Finance Minister Kostis
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Budget debate begins as poll highlights opposition's weakness
PoliticsGreek PoliticsThe debate over next year’s budget began in Parliament on Wednesday, ahead of this Sunday’s vote. Although the government is coming under attack over the cost of living and taxation, this political pressure is still not translating into any substantial shift in public opinion. Finance Minister
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Newsletter 406 - 15/12/2023
in public opinion. Finance Minister Kostis Hatzidakis brushed off the criticism from the opposition
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Mitsotakis aims for faster reform process in 2024
PoliticsGreek Politicsthe tax burden on businesses and households. Reports suggest that the Finance Ministry is working on 28
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Primary surplus confirmed at 5.83 bln in Nov on back of spending under-execution
EconomyMacroeconomyThe budget primary balance in November was confirmed at a surplus of 5.83 billion euros, compared to a deficit of 1.09 billion euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Wednesday. In the eleven months of the year, the budget
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PM gambles on toned-down marriage equality proposal to win over right-wing objectors
PoliticsGreek Politicsas Deputy Finance Minister, became the 12th MP to leave the party, citing a drift to the right
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Timing factors, underspend lead to budget outperformance of 4.54 bln in 2023
EconomyMacroeconomyThe budget primary balance came to a surplus of 3.69 billion euros for the full year in December, compared to a deficit of 6.65 billion euros in 2022, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday. In 2023, the primary balance outperformed
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