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Greece gets new finance minister but old guard dominates cabinet reshuffle
PoliticsGreek PoliticsGikas Hardouvelis being appointed Yannis Stournaras’s successor at the Finance Ministry. Hardouvelis’s... from the finance minister there were no notable new faces in the lineup. The cabinet consists mostly... at Piraeus University and as Eurobank’s chief economist to take up the job at the Finance Ministry
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Greece's new finance minister lines up for a marathon (and several short sprints)
PoliticsGreek PoliticsThe naming of economist Gikas Hardouvelis as Greece’s new finance minister took most observers... not to change the two deputy ministers at the Finance Ministry – Christos Staikouras and Giorgos Mavraganis... economist to take up the job at the Finance Ministry. The new finance minister cannot say he is unaware
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Finance Ministry, Stournaras disagree over fiscal space for expansionary measures
EconomyProgrammein Parliament, Finance Minister Euclid Tsakalotos attempted to deflect with humour the reported concerns about... a testy relationship with SYRIZA from his days as finance minister in the government of Antonis Samaras... that Stournaras must have been looking at the budgets he was responsible for when he was finance minister, noting
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Finance Ministry faces balancing act as it starts to draft 2020 budget
EconomyProgrammeThe Finance Ministry is getting down to the business of drafting the first version of the 2020.... The challenge for Finance Ministry official is to find a way to ensure that all of the numbers add up... and in 2020. The government has denied that there will be any fiscal gap in either year, but former Finance
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Finance Ministry costs new support package, but questions remain over electricity subsidies
EconomyFinance Ministry officials held a press conference on Monday to provide additional details about... International Fair. Finance Minister Christos Staikouras and his colleagues made sure... previously, with growth slowing to 2.1 pct next year. The finance minister noted that investments have
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Greek SMEs struggle most for finance versus eurozone peers
EconomyMacroeconomyThe latest ECB semi-annual survey on the access to finance for enterprises in the euro area... hurdles among their eurozone peers. Access to finance was mentioned by 27 percent (from 24 percent... higher than the euro area average of 9 percent. Access to finance was considered the least important
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Finance Ministry grapples with escalating cost of pandemic
EconomyFinance minister Christos Staikouras announced on Monday that the cost of support measures... on Wednesday cited Finance Ministry in estimating that Tuesday evening’s announcement that retail stores... euros, according to the Finance Ministry. Parliament In its announcement on Monday, Staikouras
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Finance Ministry scrambles to correct property tax after error-strewn debut
EconomyMacroeconomyand left the Finance Ministry with plenty of revision work to do. This tax is due to replace... billion but the Ministry of Finance (MoF) aims to rake in 2.65 billion, which corresponds... the Finance Ministry did not take into account the discounts for specific categories of households
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Commission points to poor access to finance, slow reform as hampering Greek competitiveness
Economyimportant drivers of firm growth such as access to finance, innovation, efficiency of public... that in 2013 32 percent of Greek SMEs identified access to finance as their most serious issue... questions about the role of the troika, particularly in terms of access to finance and public sector
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Among euro area SMEs, Greeks face most problems with access to finance
EconomyAlmost one third of Greek small and medium-sized enterprises (SMEs) named “access to finance... in Austria (7 percent) and Germany (9 percent). When asked how pressing “access to finance..., such as Ireland, Spain, France, Italy and Portugal, access to finance has become a less pressing
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