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Mitsotakis eyes tax cuts to jump-start economy, also seeks unity but not with SYRIZA
PoliticsGreek PoliticsNew Democracy leader Kyriakos Mitsotakis took his turn at the Thessaloniki Expo (DETH) on Saturday to present a plan of tax cuts, but also to send a more conciliatory message than Prime Minister...) rather than a loose set of measures aimed at attracting votes. The main pledges made by Mitsotakis
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Card transactions in Greece experience boost due to capital controls
EconomyBankingrevenue would rise by 21 percent, or 3.3 billion euros, which is more than the revenue generated... card payments as part of Greece’s payment culture rather than a phenomenon brought about by capital
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Hirings balance in August turns negative by 7,748
EconomyMacroeconomyThe employment balance slipped into negative territory in August with 7,748 more departures than hirings during the month, data from the Labour Ministry’s Ergani information system revealed. August’s.... In the aggregate period, the employment balance showed 281,813 more hirings than departures. Ergani noted
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VAT revenues up in 2016 but rate hikes fail to close gap of 29 pct
EconomyFeaturesThe European Commission's VAT Gap report has revealed that high rates of VAT in Greece appear to have fed tax avoidance rather than close the gap between expected and actual revenues. Out..., general government revenues came to 87.37 billion euros, 589 million euros higher than the figure
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Budget surplus confirmed at 3.16 billion in August
EconomyMacroeconomyof the year, expenditure increased by 1.6 percent to 31.61 billion, lower than the target by 304 million... better than the target.
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ANEL leader under scrutiny due to party unrest, questions over refugee funds
PoliticsGreek Politicsabroad. The allegations that the Defence Ministry used funds in a less than transparent..., the lower the percentage needed to gain more than 150 seats in the House.
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Draft budget contains two scenarios on pensions, charts course within agreed fiscal targets
EconomyMacroeconomypercent in 2018. Imports will grow by 2.1 pps less than initially estimated, while public consumption... by just 0.2 percentage points. Exports are expected to rise by more than assumed in the MTFS, by 5.8
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Eurogroup suggests there is scope for pension cuts to be called off
EconomyProgrammesituation of Greece today looks much better than 18 months ago, precisely when this fiscal decision.... Nevertheless, Monday’s comments are significantly more encouraging for Athens’s hopes than other recent
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Newsletter 177 -05/10/2018
situation of Greece today looks much better than 18 months ago, precisely when this fiscal decision... be a final decision on this issue earlier than expected. He pointed to an extraordinary Eurogroup
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Migration troubles move up political agenda as probe into use of fund is launched
PoliticsGreek Politicsare less than a year away. In a press conference in Arta, northwestern Greece, on Monday, New Democracy... sensitive than others about the plight of migrants but now being content to “pile up people in camps
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