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Feeling weight of measures, SYRIZA seeks way to re-connect with voters
PoliticsGreek Politicsbailout tranche in half a year, things on the domestic political scene are starting to hot up as a result... in September last year to shift the economic burden onto the shoulders of those Greeks who had voted... with Greek workers. The coalition has clearly alienated many of those who backed it in last year’s two
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Rise in new tax arrears slows further to 694 mln in April, total reaches almost 88 bln
Economy. The aggregate figures for the 4-month period this year show they reached 4.33 billion euros by the end of April, implying a rise by 3 percent compared to the corresponding period last year. Meanwhile... categories) reached 14.2 percent against a full year target of 23 percent. The revenue collection
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Crisis management policy: the sad lesson of the Greek case
Agorawas over 10 percent of GDP each year from 2006 to 2009, the deficit in public finances turned out... growth, averaging four percent a year up to the outbreak of the financial crisis – a growth rate... potential by about three percent – on average of one percent a year – in the three year period from
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Uncomfortable parallels: The Greek and British referendums
Agoralast year, when it was much easier for those arguing that voters should say “no,” so in the UK, those...) is a worse place now than it was at some foggy point in the past where we achieved peak Blighty.” Last year..., and often shameless, appeals to emotion carry immense power. As we saw last year in Greece
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Brexit leaves Greece dangling precariously
Agorato the economic impact from Brexit. Almost 2.5 million British tourists visited the country last year... sixth largest export market), which are worth around 1 billion euros a year, could be affected. Overall... a rounding error but for Greece, which is in line for a 0.3 percent of GDP contraction this year
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Newsletter 79 - 24/06/2016
last year. The improvement largely reflects a decline in the goods deficit, attributed to a higher drop... of this year, the C/A deficit shrunk by around 28 percent to 3.08 billion, mainly on the back of a reduced... not show any improvement on last year. In specific, travel receipts decreased 7 percent in April, pushing
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Economic sentiment stable at 89.7 pts in June, consumer confidence rises again
EconomyMacroeconomyconfidence has improved by 5.7 points. But this only trimmed the year to date losses, which currently... for the second successive month to 4.7 in June. However, the year to date performance still shows... of 6.9 points in May. Since the beginning of the year, this indicator has also recorded gains of 9.3
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Tsakalotos confident on meeting fiscal targets, sees capital controls being gradually relaxed
EconomyProgrammeTsakalotos appeared confident this year’s primary surplus target (0.5 percent of GDP) will be met and the fiscal brake would not be triggered next year or in the coming years. He also claimed that each... by September, while the new fund will be fully operational by the end of the year. In addition, he
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Newsletter 81 - 08/07/2016
Minister Euclid Tsakalotos stressed that Greece will meet this year’s primary surplus target of 0.5 percent... in the first 5-month period of 2016, from 463 million in the corresponding period last year, according... in the previous month. Overall, arrears increased 1.06 billion this year to reach 7.03 billion
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New tax arrears climb by 1.25 bln in May, total stock rises to 89 bln
Economydisplay new unpaid taxes jumped to 5.58 billion so far this year, up by 6.7 percent from the corresponding period last year. At the same time, legacy tax arrears (i.e. those created before 2016... the full year target stands at 23 percent. The revenue collection rate from tax audits on large corporates
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