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Athens prepares final 2019 budget after green light to ditch pension cuts
EconomyProgrammepartners. “The IMF no longer has a financial arrangement with Greece so we are not engaged in the details.... “They are really issues for the Greek government and for the Europeans now in the framework that has been... clear where the extra money has been allocated but it was suggested over the past few days
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Pension deal rekindles speculation about election date
PoliticsGreek Politicswill no longer be included in next year’s budget, has rekindled speculation about when Alexis Tsipras..., for the last few weeks it has seemed more likely that he would opt to call elections a few months earlier... the end of May. The indications are that no firm decision has been taken so far and that the issue
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European Commission approves 2019 budget, urges focus to meet end of year reform goals
EconomyProgrammethe continuation, completion, and delivery. The first surveillance report concludes that Greece has presented... has been finalised and meets the agreed primary surplus target with the overall budget balance next.... Spending under-execution has contributed to budgetary over performance in recent years, even though
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Developments, poll data spark new round of speculation over elections
PoliticsGreek PoliticsThere has been renewed speculation in the Greek media over the past few days about the timing... that SYRIZA has not been able to gain any traction since Greece exited the third programme in the summer.... The speculation also comes in the wake of several opinion polls which indicate that SYRIZA has not been able
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Tsipras points to tax cuts as example of bailout exit benefits
PoliticsGreek Politicsof the interventions is felt and as SYRIZA has a chance to get its narrative across, the political balance... the timing of next year’s election until he has a clear picture of how the “positive measures” are shaping... of reduction, according to the data provided by the government. The government has also prepared
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New Democracy increases pressure on potential supporters of Prespes Agreement
PoliticsGreek Politicsa deal that has little public support, but to also make it difficult for MPs, including opposition... for the agreement. New Democracy has already made overtures to two of the party’s MPs, Grigoris Psarianos... the agreement being approved in Parliament. SYRIZA has 145 MPs and cannot rely on its junior coalition
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Unemployment at 18.6 pct in September as unemployed decline by 11.1 pct year-on-year
EconomyMacroeconomyrate came to 20.8 percent. September’s figure marks the sixth consecutive month that unemployment has... employment reached 3.88 million people, marking the fifth time that the figure has exceeded 3.8... and came to 23.4 percent. This figure has been in decline since the high of 31.6 percent in May 2013
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Tsipras visit to Moscow confirms thaw in relations with Russia after diplomatic spat
PoliticsForeign Policycapital was the reintroduction of a proposal that Athens has been pushing over the last couple of years... to transfer Russian gas to the European market. Bulgaria has also expressed an interest and so far Moscow has been keen to examine this alternative route. However, Putin did not exclude the possibility
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Chasing investment, the Greek dream
Agorabillion in the latest quarter of this year. Reviving investments in Greece has become the Holy Grail... and international organisations that monitor the Greek economy. Investment spending has a strong multiplier... on transport, equipment, information and communications technology and weapon systems, has dropped from 5.8
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To Potami tries to quash speculation about stance on Prespes Agreement
PoliticsGreek PoliticsTo Potami has attempted to douse speculation about whether it will support the Macedonia name deal when it comes to Greek Parliament, although the centrist party has not completely ruled out... Amyras and Grigoris Psarianos, remain opposed to the pact. “Our decision has to take into account
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