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Multi-bill details how Greece aims to raise 1.6 bln from indirect taxes
EconomyMacroeconomythat Greece has to make by 2018 as part of the first programme review. The bulk of the latest set... fuel is increased as of the beginning of 2017. This has estimated annual revenues of around 700... from personal income tax has been altered. This has estimated annual revenues of 91 million
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Tsipras sails through multi-bill vote, looks to disbursement and debt relief
PoliticsGreek PoliticsThe government breezed through the multi-bill vote on Sunday and has put the ball in the lenders... for Tsipras, who has now survived two very challenging votes in Parliament (including the recent ballot... this year to pay it back. This drew intense criticism, particularly because SYRIZA has made a point
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IMF sets out stall ahead of crucial Eurogroup by proposing immediate debt relief
EconomyProgrammein some areas, the report stresses that the government has not been able to mobilise political support... as the slow pace of tackling restrictions in product and service markets. Overall, the IMF has lowered its... relief has to be implemented before the end of the programme in 2018, which runs counter
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Mangling the truth
Agorato a state of war. Certainly, one could safely say that accuracy has taken a severe battering during... the bailouts have failed simply because Greece has not implemented reforms. There was an interesting example... incompetence and the hostile environment it has created. “This is not a good development at all,” tweeted
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Athens sweats on outcome of UK referendum
PoliticsForeign Policyon the outcome. The possibility of an extraordinary EU council on Saturday has not been ruled out. The normal summit is scheduled for June 27-28. Clearly, Tsipras backs the “Remain” campaign but has... has been the most prominent issue for the Brexiters and there are fears that this could act
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Coalition wants next review to be swift despite labour reform complications
PoliticsGreek Politicsin the coming months. Alexis Tsipras’s government has a stretch of relative calm ahead of it after... that it contains have already been a subject of fevered discussion. There has been substantial... that the prime minister’s comments were also designed to coincide with a visit by the committee that has
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Economic sentiment stable at 89.7 pts in June, consumer confidence rises again
EconomyMacroeconomy) figures displayed on Wednesday. The ESI has hovered close to the 90-point mark since March. It has... confidence has improved by 5.7 points. But this only trimmed the year to date losses, which currently... 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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Piraeus port sale setback troubles Tsipras ahead of China visit
PoliticsForeign Policythe first time that draft legislation has to be changed at the last minute but the size... has been openly opposed to OLP’s sale and has been widely accused of trying to obstruct the process... has shown a reluctance to make any changes to his cabinet, despite the fact some ministers
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Industrial production up again in May with 2.9 pct increase
EconomyMacroeconomyproduction has risen by 0.8 percent compared to a 0.7 percent increase for the same 5-month period last..., the drop in electricity production has reached 3.3 percent and water supply is 1.8 percent lower. Only manufacturing production has expanded, by 3.5 percent, compared to the Jan-May period of last year
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Tsipras faces challenge in turning promise of China trip into reality
PoliticsForeign PolicyThe week in Greek politics has begun with Prime Minister Alexis Tsipras getting back down... be adept at attracting foreign investment, it has shown a gradual realisation of the importance in bringing money from abroad to Greece. This has been emphasised by the completion of several
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