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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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Backpay for civil servants gets "positive" measures rolling for government
Economyof the vote on the budget. Fiscal impact The reduction in the ENFIA property tax is seen having a fiscal... budget. It has been suggested in the local media over the past few days that the government might have
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Council of Europe report warns over austerity-inflamed inequality in education
Societythis year. The report noted that the state budget for the Ministry of Education was significantly... professionals,” the Commissioner’s report said. As budget cuts hit, schools closed and merged
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Coalition closing in on goal of cancelling pension cuts
PoliticsGreek Politics. The fiscal impact of the entire package is estimated at 766 million euros in the draft budget. Going... programme. The preliminary budget execution Jan-Oct data published on Wednesday showed that on a year
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Fresh reminder about pending reforms for Athens, which remains confident on goals
EconomyProgrammeare spending from the fiscal space in the budget in social sectors where Greece has the lowest spending... in the budget for this winter’s heating fuel subsidy. He also said that if he remains in office in the coming
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Newsletter 187 -14/12/2018
to the Finance Ministry’s (MoF) monthly gg bulletin. Overall, the state budget primary balance showed a rise... projection in the budget sees the HICP rising by 0.8 percent in 2018. Q3 wages index up by 2.8 pct QoQ
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S&P keeps B+ rating and positive outlook, stresses factors for stronger growth
Economyfor a more cautious approach. S&P sees a stabilising economic outlook, which is coupled with solid budget... at the end of adjustment programme last summer. On the budget commitments, S&P sees a risk
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