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Bank of Greece warns of dangers in failure to reach deal with lenders
EconomyMacroeconomyIn its biannual Monetary Policy report published on Wednesday, the Bank of Greece (BoG) makes clear its belief that it is of paramount importance that the Greek government conclude an agreement with official lenders, describing it is a “historical imper...
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Newsletter 277 -11/12/2020
PM rebuffs Covid-19 criticism Mitsotakis defends govt stance but is forced to extend some measures until Jan After being forced to extend Covid-19 restrictions into January, Prime Minister Kyriakos Mitsotakis tried to defend this week his, and his gover...
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EP president visit and winding up of rail crash inquiry cast spotlight on rule of law concerns
PoliticsGreek PoliticsAn official visit to Athens by the President of the European Parliament Roberta Metsola gave Prime Minister Kyriakos Mitsotakis an occasion to hit back at the recent resolution passed by European lawmakers expressing concerns about the rule of law in Gr...
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Budget deficit of 6.38 bln in Aug confirmed; target beaten due to one offs
EconomyMacroeconomyThe budget primary balance was confirmed at a deficit of 6.38 billion euros in the first eight months of 2021, compared with a deficit of 5.48 billion in the same period last year, the final Finance Ministry (MoF) budget execution data showed on Monday....
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VAT and income taxes buoy revenue performance as primary surplus target is beaten in Sep
EconomyMacroeconomyThe budget primary balance in September was confirmed at a surplus of almost 6 billion euros, compared to a surplus of 52 million euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Wednesday....
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Newsletter 57 - 08/01/2016
miracle worker, or “Harvard-educated free-market reformer”, as the Wall Street Journal describes him.... The Wall Street Journal writes that Mitsotakis won “respect from Greece’s creditors for his efforts... by the government at the beginning of the week. Finding a formula to achieve pension cost savings
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Holding out for a (reformist) hero
Agorapotential miracle worker, or “Harvard-educated free-market reformer”, as the Wall Street Journal... bureaucracy and weak political will have to be overcome. The Wall Street Journal writes... position as he got closer to power and, after winning the June 2012 elections and heading a new three
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Equivocal Macedonia name referendum leaves Athens hanging on as views differ
PoliticsGreek Politicssettlement in the months to come or whether the process has hit a brick wall as a result of the turnout... Agreement may hit a brick wall. If Zaev somehow manages to make headway, the prospect of the pact... constitution, although that level is for binding votes. The defence minister suggested that he had been
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Greece looks for leverage as Rubio visit coincides with GSI standoff, other pressing issues
PoliticsForeign PolicyKimberly Guilfoyle, following a Wall Street Journal investigation that has triggered controversy.... The Wall Street Journal reported recently that during a dinner in Athens in March, Guilfoyle had... the Turkish‑occupied northern part of Cyprus. Diplomatic efforts are therefore focused on finding
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Tempe rail crash charges reignite debate about scrupulousness of investigation
PoliticsGreek Politicsrepresentatives and employees of the contractor were charged with instigation of subsidy fraud... signalling-telecommand systems, but the contractor attempted to construct an entirely new signalling system
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