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PM adds minimum wage hike to pre-election promises, with hints of more to come
PoliticsGreek PoliticsThe turn of the year gave Prime Minister Kyriakos Mitsotakis an opportunity to reinforce the message that the government will continue to provide relief for hard-pressed households, as elections loom ever closer on the horizon. In what has become a patt...
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Mitsotakis hints at post-election policy tweaks to address economic concerns
PoliticsGreek PoliticsWith the cost of living and the economy dominating much of the public debate in the run-up to next week’s EP elections, Prime Minister Kyriakos Mitsotakis has started to sketch out several specific interventions that the government is mulling for after ...
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Budget exudes fiscal stability, but hints at political complications
EconomyMacroeconomyLast week’s five-day debate on the 2025 budget concluded on Sunday without any complications for the government, and the economic plan is certainly in line with the Greek authorities’ narrative that stabilising the economy is one of the current administ...
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Tsipras hints at June launch for new party as poll suggests disruption potential
PoliticsGreek PoliticsFormer PM Alexis Tsipras took a significant step towards forming a new political party with a public speech on Monday, in which he hinted at a June launch. Tsipras addressed an audience at a gathering organised by a northern Athens citizens' initiative ...
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ND snared in row over jobless benefits as Kasidiaris hints at return after prison release
PoliticsGreek PoliticsThe government’s efforts to promote the measures Prime Minister Kyriakos Mitsotakis set out recently at the Thessaloniki International Fair, while trying to also pick apart those put forward by its main opponents – PASOK and ELAS – suffered a setback th...
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Revenues at 4.77 bln in Oct, beating target for fourth straight month
EconomyThe final budget execution to October confirmed preliminary figures, released by the Ministry of Finance (MoF) on November 13, showing revenues beating monthly targets by 763 million euros for the fourth straight month. The year-to-date previous revenue shortfall, which peaked to 1.61 billion euros
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Primary cash surplus widens to 2.85 bln in Q1
EconomyMacroeconomyGreece’s central government primary cash balance improved to 2.85 billion euros in the first quarter (Q1) of 2016 from 1.19 billion last year, Bank of Greece (BoG) figures showed on Wednesday. In March, the primary cash surplus widened by 11.1 percent to 763 million from 687 million
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Budget primary surplus at 4.66 bln in 11-month as expenditure falls, revenues rise
EconomyMacroeconomyof 763 million euros, landing above target by 1.58 billion euros. Revenues Gross revenues edged down
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Newsletter 144 -15/12/2017
. The budget balance in the first 11 months of 2017 recorded a deficit of 763 million euros, landing
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BoG sees central gov't primary surplus to May at 1.06 bln on cash basis
EconomyMacroeconomyGreece’s central government net balance to May on a cash basis showed the deficit narrowing by 74.4 percent to 1.88 billion from 7.32 billion last year, according to the Bank of Greece (BoG). The 5-month primary cash balance exhibited a similar pattern posting a surplus of 1.06 billion in 2014 from
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