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Strong set of 2024 fiscal data provides space for voter-friendly handout package
EconomyMacroeconomyELSTAT published on Tuesday the latest fiscal data for the 2021 to 2024 period, recording a significant primary surplus that was accompanied by an announcement from PM Kyriakos Mitsotakis of a surprise handout package worth 1.1 billion euros in support ...
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Clarity over fiscal space clears way for next set of relief measures
EconomyMacroeconomyGreece’s fiscal outlook has become clearer along with the ability of the Greek government to implement more voter-friendly policies as it attempts to restore its relations with the electorate. The European Commission last week activated the national esc...
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Housing costs, food prices set limits to impact of tax cuts
EconomyThe Greek government’s efforts to shift the narrative and change its political fortunes are crashing against the realities on the ground as reflected in the frequent data releases from Eurostat and ELSTAT. Months of communications build-up around the Th...
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Unpaid taxes for September fall to 1.03 bln but up 56.5 pct so far this year
EconomyMacroeconomyindicators evolved within 2014. The first indicator relates to the target set by the Ministry of Finance (MoF) cfor legacy debt collections to reach 1 billion euros in the first half of 2014 and 2 billion..., and remain well below the annual targets. Those targets were set as a percentage of collections
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Greek PM offers no more incentives for presidential vote, braces for snap elections
PoliticsGreek Politicsand a date for snap elections – most probably February 1 – will be set.... to Greek state TV channel NERIT on Saturday, Samaras repeated the concessions he had set out almost
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Newsletter 10 - 09/01/2015
, but the leftists still look set for a victory, albeit one that is likely to leave them needing... tax obligations for the month, including an estimated 1 billion for road tax, and instalments... an entirely different set of approaches to policy making from SYRIZA. The misplaced focus on Grexit
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What next Greece?
AgoraIt is easier to write down big questions on Greece’s future; harder to answer them: (1) Will Syriza...? Would it be managed or chaotic? One thing we can be sure about though. The scene is set... to the inescapable fact that the Troika’s Greek programme has never set out to decisively restore debt
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Greece makes new proposals in search for deal acceptable to lenders and MPs
PoliticsGreek Politicsoffer would still be short of the target of 1 percent put forward by lenders last week. For 2016... Greece to qualify for the QE as the country threshold set by the ECB will no longer apply in this case... efforts to pass the latest set of measures through Parliament. It would allow him to argue that he has
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What capital controls will mean for Greek banks, customers and the economy
Economyeuros per card, which is much lower than the 300-euro daily cap set in Cyprus two years ago. Press... to the limit set by the card issuer. However, the Finance Minister may restrict the withdrawal limit... of ELA liquidity by the ECB. However, since Greece will not be under a programme as of July 1
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Newsletter 33 - 03/07/2015
the target was set (by the previous government) at a high level of 6.43 billion, which also incorporates... income declarations have already been submitted, while the deadline, initially set for 30 June... a short-lived rise by 1 percent in March. The highest decline was posted by automotive fuel (-10
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