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Significant revenue outperformance drives budget primary surplus to 4.4 bln in 2016
EconomyMacroeconomyincludes the payment of 630 million for one-off support to low-income pensioners. In addition, 2016... overperformance by 2.41 billion, including the one-off payment of 630 million (0.36 percent of GDP... to the 2017 budget, gg primary surplus (excluding the one-off payment of 0.36 percent of GDP) was expected
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Tsipras facing more media intervention claims after changes at newspaper
PoliticsGreek PoliticsMoulopoulos held editorial positions at To Vima, one of DOL’s newspapers, in the past, the timing... outlet, and one that was critical of the SYRIZA-Independent Greeks administration. Tsipras has accused... group. This may require an amendment to be passed in Parliament, which is one of the reasons
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Newsletter 104 - 27/01/2017
, 220 million below target and also including a one-off payment of 630 million to support low-income... for 8th straight quarter Overall, disposable income has tumbled by almost one third in the last seven... in the current taxes on income and wealth by 19 percent. Overall, disposable income has tumbled by almost one
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Newsletter 105 - 03/02/2017
a decision on whether and in what capacity the Fund should be involved in the Greek programme. One... to be the one that takes Greece out of the crisis. He also appeared to soften his tone with regards... month. Around one third of the overdue taxes from 2016 stemmed from four key taxes: VAT, personal
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Greek-Turkish rift puts strain on Cyprus reunification talks
PoliticsForeign Policy. But I do think that if all of us play our cards well, we might actually see Cyprus as one arena... on Cyprus. “We do not think it will be the last meeting, we think it is important to have at least one..., one day before his meeting with the Greek foreign minister, met with the ambassadors of the UK
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Tsipras's choices are becoming clearer but not any easier
Agorafrom a cut to spending on existing pensions. This is a tall order for the Greek coalition. Even if one... if the current one is cast aside. A programme-less Greece with close to 8 billion euros of debt and interest... the 3.6-billion-euro total, this could form one element of a compromise. The other aspect that needs
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Effort begins to secure SYRIZA support for deal with institutions
PoliticsGreek Politicsfrom being fiscally neutral, any final package should appear socially just and one that tackles... be one of the key areas of negotiation in the upcoming talks in Athens. At this stage, Manios’s comments cannot be interpreted as an outright rejection of the government’s efforts but he will be one
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The joke's on Greece
Agorato an economic conference. The German ends up being the only one that defends the Greek position. It may sound... involves some Greeks blaming everything on others but let’s lead that one aside for the time being... to the single truth. One of the consequences of this process is that it has drained the belief Greeks
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New attempt to get Cyprus talks back on track
PoliticsForeign Policythat "no one is talking about or seeking Enosis." It seems that the Greek-Cypriot side is trying... last week. The Cyprus issue is usually one of the top items on the agenda when a Greek foreign minister... communautaire. One crucial issue that may be discussed in Brussels this week is Turkey's recent war
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After raising labour concerns, back to grind of talks for Tsipras
PoliticsGreek Politicsbut pointed out that there is no “one-size-fits-all” system that can be applied in all member states... regarding labour reforms. This issue seems to be one of the last remaining obstacles in the discussions... been one of the gains the prime minister wanted to walk away with but the IMF seems adamant
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