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OECD lowers 2022 growth forecast to 2.8 pct as challenges mount
EconomyMacroeconomysustainability. The OECD notes the limited direct impact that the Ukraine conflict has on the Greek economy... were only 1.1 pct of Greek travel receipts last year. The global environment, which has been... yields, although the ECB has pledged continued support in the event of market fragmentation. The path
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Exit from enhanced surveillance nears, but fiscal commitments bind Greece until 2060
EconomyProgrammehas undertaken the completion of a set of outstanding reforms until the end of the year, which... months until it has repaid 75 pct of its loans, and will have greater policy flexibility although..., for a total of 190.6 billion euros. Within this context, Greece has a long-term goal of securing
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Meeting of Greek, Turkish foreign ministers raises hopes for constructive dialogue
PoliticsForeign Policy– their dispute to the International Court of Justice. But, as history has shown, this will depend... of years, Ankara has also unilaterally put on the table air space issues, the demilitarisation... political atmosphere is conducive to a definitive resolution and that in Athens the government has
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Budget overperformance in Aug fuelled by VAT and income tax, spending significantly contained
EconomyMacroeconomymillion. Overall, the PIB balance landed at a deficit of roughly 3 billion euros. Greece has also... standards. It adds that there has been already a supplementary budget of 700 million euros spending right after the elections, the second supplementary budget that was tabled last week has 600 million
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VAT and income taxes buoy revenue performance as primary surplus target is beaten in Sep
EconomyMacroeconomymillion. Overall, the PIB balance landed at a deficit of roughly 3.3 billion euros. Greece has also... be attributed to certain timing and accounting standards. It added that there has been already a supplementary... supplementary budget that was tabled last week has 600 million allocated to spending tied to the damage
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Tempe rail crash charges reignite debate about scrupulousness of investigation
PoliticsGreek Politics, signed in 2014, for completion by 2016 – known as ‘Contract 717’. This contract has been... the rough start endured by New Democracy to its second term in office, there has been no direct... Party general secretary Dimitris Koutsoubas, who has a positive rating of 25.1 pct.
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Diplomatic and defence developments encourage Athens to seek greater geopolitical role
PoliticsForeign Policyon the cost of the deal, which, he noted, has not been finalised, Mitsotakis argued: “Greece always has an obligation to spend more than other countries on its defence because of its position.” Athens has... the confidence-building measures. The meeting will also prepare the ground for Mitsotakis’s visit
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Fiscal data for 2023 indicates that 2.1 pct of GDP goal is within reach
EconomyMacroeconomythis outperformance in handouts of support measures. Greece has committed to a primary surplus... came to 1.9 pct of GDP, from a balance in 2022. The fiscal picture over the period has improved... the surplus from the assumed 1.1 pct of GDP for 2023. If the performance of 2023 has structural
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SYRIZA consumed by new leadership drama as PASOK rubber stamps candidacies
PoliticsGreek Politicsof SYRIZA’s central committee members to oust Stefanos Kasselakis as the party president has set in motion... politics. Since Kasselakis’s victory last year, the party has allowed itself to become something of a soap... opportunity has arisen for the social democrats to steal a march on their leftist rivals and establish
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Mitsotakis dangles promise of further tax relief but opposition questions VAT revenue bonanza
PoliticsGreek Politicsremains ahead of the pack with 27.6 pct of voting intentions, ahead of PASOK, which has now edged up... for Famellos and 11.4 pct for Polakis. Kasselakis has been excluded from running by a decision of the party’s central committee; however, he has a final shot at reinstating his candidacy at the party
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