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Athens prepares 2019 draft budget amid pension cuts dilemma
EconomyProgrammewill go down badly among the eurozone member states and could lead to Germany and others freezing
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Newsletter 176 -28/09/2018
in the draft budget will go down badly among the eurozone member states and could lead to Germany and others
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Retail turnover in July up by 4 pct as volume rises 2.5 pct
EconomyMacroeconomyGreece’s retail sales index increased by 4 percent in July after June’s figure was slightly revised down to 3.1 percent, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The headline index has remained positive for five straight months so far. Apart from the negative reading
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Question mark over pension cuts in 2019 draft budget as Athens looks to lenders
EconomyProgrammewill cost 270 to 320 million euros. Bringing down corporate tax from 29 to 28 percent will cost
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Draft budget contains two scenarios on pensions, charts course within agreed fiscal targets
EconomyMacroeconomyassumption for investment spending stays unchanged. It is seen growing by 11.9 percent, revised down
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FinMin sets out how it would alter policy mix to prevent pension cuts
EconomyMacroeconomyof the MTFS commitment. Also, active employment policies are down to 103 million euros, in the form
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Coalition hopeful on pensions, looks to maximise impact of limited relief measures
PoliticsGreek PoliticsThe Greek government is becoming increasingly optimistic that it can avoid next year’s pension cuts and is starting to focus on how it can maximise the positive political impact of the pared down compensatory fiscal measures it will be able to implement if European lenders agreed to Athens’s
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General govt primary cash surplus at 3.51 bln in August, arrears fall by 306 mln
EconomyMacroeconomywent down by 6 million. Since the start of the year, total arrears have fallen by 298 million
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Falling bank shares prompt coalition to take closer look
PoliticsGreek Politicsdown 8.78 percent after recovering some of the losses made earlier in the day, when it had dipped
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Despite ongoing row with SYRIZA, Kammenos not preparing for early departure
PoliticsGreek Politicsin bringing down the government to prevent it from finishing its task, rather than to stop the name deal
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