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Development bill adopted as ND targets investment and growth
PoliticsGreek Politicsfor society,” said SYRIZA’s Nikos Voutsis, the former parliamentary speaker, during Thursday’s... Democracy’s “friends, customers and sponsors.” Former economy minister Yiannis Dragasakis accused the conservatives of abandoning SYRIZA’s “holistic” growth plan, which the leftists argued were in line
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Athens hopes IMF prepayment go-ahead aids case for lower fiscal targets
EconomyProgramme. The ESM/EFSF board of governors is expected to agree to Greece’s request to prepay the expensive part... and will improve the country’s debt profile, reducing the debt-to-GDP ratio by 3 percentage points until 2060... government said it would make the prepayment. The previous administration’s plan was abandoned, though
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Govt rebuffs uncomfortable reports on money laundering, unpaid contributions
PoliticsGreek PoliticsMacedonia’s chances of being allowed to start its European Union accession process, a far cry from New Democracy’s fierce opposition to the Prespes Agreement just months ago. A report in the Financial Times...-right party’s effort to return to power. The government’s response, initially via State Minister Giorgos
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PM to oversee tweaks to tax bill as constitutional revision enters final round
PoliticsGreek PoliticsAfter a tense few days around Sunday’s commemorative protest march in Athens, the government... activity, the government is likely to be pleased that Sunday’s march commemorating the bloody student... law and order message to its voters mainly via the police’s fervent activity in the centre of Athens
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Amid hiring controversy, ND focusses on new round of tax cuts in latest bill
PoliticsGreek Politicsto the International Monetary Fund’s proposals. Over the last few years, the IMF has persistently called... to Greece. Despite reservations from the country’s lenders, the bill pushes ahead with the government’s... to the significant rise in the number of undeclared short-term lets boosting Greece’s tourism industry, the bill
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Government opts for modest tax relief, but who will benefit?
EconomyFeaturesto measure them against New Democracy’s campaign promises. We can also start to form a picture... according to its cloth. The tax measures could not be allowed to jeopardise Greece’s tight fiscal targets... to be approved in the context of the regular annual budget and the country’s debt relief agreement
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Speculation about snap elections in 2020 refuses to die down
PoliticsGreek Politicsto capitalise on New Democracy’s complete dominance in the opinion polls, where it maintains... it has adopted and plans to implement in the coming months, while taking advantage of SYRIZA’s inertia..., effectively, turn New Democracy’s four-year term into a five-year stint, which would give the party
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GDP rises by 0.6 pct QoQ in Q3, increases by 2.3 pct YoY
EconomyMacroeconomyGreece’s seasonally adjusted (SA) GDP increased by 0.6 percent quarter-on-quarter (QoQ... and services to rise by 4.1 percent in 2019 and 5.2 percent in 2020. Outlook According to the MoF’s 2020 budget, Greece’s GDP is expected to grow by 2 percent this year and 2.8 percent in 2020. The IMF
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Athens steps up drive for fiscal space as fifth post-MoU review continues
EconomyProgrammeMonday’s Eurogroup in Brussels will provide the first opportunity for the Greek government to sound... related to the fiscal space the government is likely to have in the coming years. The government’s asks... mechanism that would allow the transfer of unused surpluses from one year’s budget to the next
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A virus is spreading across China, but so is the demand for transparency
Agora, namely South Korea. The social consequences of preventing millions of one’s own citizens to move.... The consequence of this dire situation will have to be a root and branch evaluation of the country’s... and Taiwan-related developments during the past months. This health crisis emerged on China’s home turf
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