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Parliament's budget office highlights economic challenges beyond bailout
EconomyMacroeconomyThe economic challenges that Greece faces should it conclude the first bailout review with the institutions are outlined in the latest quarterly report of the Parliamentary Budget Office (PBO... to be addressed relate to the chronic problems of the Greek economy’s institutions and mechanisms, PBO stresses.
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Troika inquiry: talk to the organ grinder, not the monkey
Agora. How much time and financing would Greece get to bring its budget under control? Should its debts... and money to shrink such a massive budget deficit. Germany said no. The financing limit dictated... diplomacy to manage the crisis. For the MEPs, the problem with the troika is that it’s an ad hoc
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Newsletter 56 - 18/12/2015
performance, according to market sources. From surplus to deficit The budget primary deficit was 184... emphasizing “alternatives” to the prevailing framework of budget austerity and an ever-expanding list... to the central liability problem on banks’ balance sheets, namely non-performing loans (NPLs
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An unsettling role-reversal for Greece and Germany
Agorawith a serious logistical and humanitarian problem on its hands. Apart from the pressure it could put... the eurozone, with the idea of an ample budget, funded by a common tax, to boost investment and cushion... the problem,” Lindner told Bloomberg in August. “Greece gets a debt cut, the money is gone
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Will the Covid-19 crisis undermine the EU Green Deal? A view from Europe's periphery
Agora. Concretely, the EU budget dedicated to the Green Deal amounts to no more than 0.3% of annual EU GDP...” but a reshuffling of EU budget lines. The philosophy behind the plan is for these funds to leverage additional... larger protection of their economic sectors during the pandemic. The problem with the current crisis
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Mitsotakis dismisses poll speculation, promises swift housing relief and rural support
PoliticsGreek Politics: “There is a problem of inflation in the country, especially for citizens who are renting.” While... “surprise” in the upcoming 2026 budget debate, suggesting that additional relief measures may... quick fixes. “There is no magic solution to the traffic problem,” he said, noting that new roads cannot
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Tsakalotos states case on pension cuts in bid to overcome lenders' reluctance
EconomyProgrammeproblem in having its request to scrap the measure will be convincing all the eurozone member states... this summer when its MPs on the Bundestag’s budget committee put on hold the approval of the final... for the Greek government is that the Bundestag’s budget committee will not approve the return
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Greek budget outperformed targets by 3.9bn euros to August, preliminary figures show
EconomyBudget execution to August showed revenues outperforming monthly targets by 490 million euros... significantly boosted by cumulative Public Investment Budget (PIB) revenues of 2.2 billion. Moreover, a Jan-Aug primary surplus of 1.42 billion and a budget deficit of 3.94 billion continued to outperform
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Greek primary budget surplus rises to 2.53 bln at end of September
EconomyGreece’s budget execution showed the primary surplus widening to 2.53 billion euros in the 9-month... compared to August. The 9-month budget deficit stood at 2.29 billion euros, also displaying a better... reflects lower MoM interest payments in September. Both 9-month primary and budget balances continue
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Primary budget surplus 923 mln short of target in Jan as revenues fall by 18.4 pct
EconomyGreece’s final budget execution data confirmed preliminary figures released on February 12.... Similarly, the budget balance posted a surplus of 367 million, down 40.7 percent from last year’s... a slightly lower rise by 5 percent to 941 million. Note that the 2015 budget envisaged primary
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