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VAT and income taxes buoy revenue performance as primary surplus target is beaten in Sep
EconomyMacroeconomyThe budget primary balance in September was confirmed at a surplus of almost 6 billion euros, compared to a surplus of 52 million euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Wednesday....
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Brussels talks inconclusive, Tsipras has tough sell at home if deal reached
PoliticsGreek Politicsdefeat on changes to VAT rates. Athens had wanted to minimise the impact of changes, keeping three.... The other two brackets are 13 and 23. The change in VAT will be the biggest single revenue raiser from.... The government had been insisting over the last few days that it wanted this deal to act as a bridge
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Newsletter 78 - 17/06/2016
approval from the ECB’s Single Supervisory Mechanism (SSM). The budget execution for the 5-month... for “No” convinced them that “the system” was trying to scare them into voting “Yes” because it wanted... punch bag for Cameron when he wanted to score political points at home, not too much unlike how
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Newsletter 269 -16/10/2020
shows deficit of 7.01 bln September figures show decline in revenues On a monthly basis, net revenues... primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared
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One night in Cannes
Agoraof the G20 summit in Cannes on November 2. The former wanted Greece’s membership of the eurozone... increasing the likelihood that Greece would be forced out of the single currency. At that moment... rework the demanding terms of Greece's second bailout. It was hardly a shining moment for the single
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Newsletter 9 - 30/12/2014
below 700 euros gross, abolish the single property tax and replace it with a new tax on large..., which the largest opposition party Syriza wanted at all cost and which the governing coalition did... in real time how political partisanship and single mindedness in Athens cloud any attempt to formulate
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Which way now, Mr Tsipras?
Agorathe euro against the stringent demands of those who will decide whether Greece stays in the single... will be sent tumbling out of the euro. Schaeuble may not have got what he wanted at the weekend summit, where... position within the single currency without being concerned about overstepping the mark. By all
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Greece's 2009 deficit makes for a good conspiracy; shame about the numbers
Agorawent bust because its 2009 fiscal figures had been inflated by dark forces that wanted to put... Greece had put its house in order and had brought the deficit down to single digit figures... a single opportunity to affirm how inadequate it is to lead this effort. *You can follow Yiannis
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Learning the lessons of Greece's toxic decade
Agora-wing politician wanted to lead the resistance and scoop up all the political gains. At the time... to the conservative politician. SYRIZA was polling in single digits in early 2012 and was promoting some radical ideas... of this disregard for learning and improving. During every single significant event that defined
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Political wrangling instead of vaccines
Agoraacknowledged their irresponsibility. "If we wanted to act like a state, we would have procured the vaccine... of Roma do, without a single document, invisible to the state? How much are their lives worth? In other... and their families. B&H still does not have a single campaign to promote vaccination. Citizens are informed
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