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SYRIZA targets pensions boost as New Democracy builds on poll lead
PoliticsGreek PoliticsThe possible cancellation of next year’s pension cuts and steps to increase the minimum wage are among the main issues that the government is focusing on as it seeks to claw back New Democracy’s..., Labour Minister Efi Achtsioglou referred to the potential EFKA surplus as helping the government’s
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Greeks seen working longer, until July 18, to meet annual tax bill
SocietyGreece’s tax freedom day falls on July 18 this year according to data collected by the Dragoumis... this year only to meet their tax obligations. This year’s tax freedom day is expected to fall 12 days... to the state. The think-tank based its calculations on the government’s tax revenue projections for 2018
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More changes needed to unlock private sector's potential, report says
EconomyFeatureson Wednesday, is authored by the institute’s Alexander Kritikos, Lars Handrich, and Anselm Mattes... nature of Greece’s crisis, focussing particularly on the fact that before the recession began the economy.... “A breakdown by company size illustrates that the sharp decline in the business economy’s gross value
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Government bolsters aid package as questions mount over deadly fires
PoliticsGreek Politicswith reported links to Pratto, Foreign Minister Nikos Kotzias’s political movement. Beyond that, there are also... the government about being blamed for the disaster is an announcement from the prime minister’s office... of the fires and in questioning the government’s role. Ostensibly, the government’s objection was a comment
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Coalition's attempt to defend handling of fatal blaze fails to stem criticism
PoliticsGreek Politicsin Friday morning’s newspapers and the response by opposition parties, the news conference did little... with the public mood. This was certainly the tone of New Democracy’s response, which described the press briefing as a “show” aimed at shirking the government’s responsibility. “Greece has again come face
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Putting right everything that went wrong in Mati
AgoraWhen dozens of people burn to death a few metres from the sea, less than an hour’s drive from... to Monday’s disaster requires a broad approach. “The Greek state has been unable over time to effectively protect the lives and possessions of its citizens,” he said as he suggested that the country’s
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Athens taking more time to consider 2019 measures ahead of budget talks
EconomyProgrammeApart from its effect on the government’s cohesion and political outlook, the recent wildfire on the outskirts of Athens is also having an impact on the preparations for next year’s budget. The government’s plan for Prime Minister Alexis Tsipras to choose from a package of expansionary measures
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Fitch upgrades Greek rating to 'BB-', three notches from investment grade
Economythe outlook was updated to stable from positive. Fitch is now ahead in Greece’s credit score compared... upped to positive in July, while Moody’s is at ‘B3’, which is the equivalent of ‘B-‘ and is now well... gross financing needs (GFN) or finance investments. Fiscal performance The country’s finances have
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Mitsotakis prepares to unveil economic plans, leave imprint ahead of elections
PoliticsGreek PoliticsThis weekend will mark Kyriakos Mitsotakis’s turn to try to impress voters as he takes to the stage... Democracy will use for its leader’s appearance in northern Greece will be “We can,” as he unveils... Mitsotakis has claimed that he will try to negotiate lower primary surplus targets with Greece’s lenders
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Lenders set to keep coalition waiting for answer on pension cuts
PoliticsGreek Politicswhether its request for next year’s pension cuts to be shelved will be accepted by the country’s... for proceeding with the measure. The IMF’s spokesman Gerry Rice was very clear about this point during... will indeed stay on track with reforms,” he said. The strength of Rice’s statement appears to have surprised
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