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Central government debt rises to 345.38 billion in Q2
EconomyMacroeconomyin bonds, including both domestic and foreign-issued bonds. FSM loans continue to make up the lion’s... showed that T-bills made up 60.2 percent of all government borrowing, followed by ESM loans (27.5 percent... maturity showed that long-term (over 5 years) debt made up 76 percent of the total, while short-term
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SYRIZA readies itself for election battle, Mitsotakis pledges pension overhaul
PoliticsGreek PoliticsKyriakos Mitsotakis has been fleshing out his policies as Greece’s parties gear up for what... for the prime minister to freshen up his ministerial line-up and prepare his team for the long election... that have been lined up for next year after being demanded by the lenders. Several government officials
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Tsipras pledges array of tax cuts, hopes for break on pensions
PoliticsGreek Politicsincrease to the minimum wage. Most of these measures had been leaked to the media in the build-up... weeks. Reforms Tsipras talked up the economic recovery, underlining six consecutive quarters of growth... reductions of up to 50 percent. The reduction to the tax will happen in two stages. The first
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Greek leaders' contrasting visions all a blur
Agorathe government cozied up with big business and the media, allowing its friends to benefit from an artificial... rate of income tax for those with annual incomes up to 10,000 euros from 22 percent to 9 percent... responsibilities would diminish) and provide an immediate pick-me-up for the economy. There are doubts
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SYRIZA eyes gains from case developing against ex-defence minister
PoliticsGreek Politicsafter Akis Tsochatzopoulos to end up in jail. Tsochatzopoulos, recently released on grounds of ill... to separate its actions from those of its predecessors is designed to firm up the message to voters... major weaknesses going into the next elections. Despite his attempts to freshen up the conservatives
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Greece's never-ending election campaign
Agorato pick up the campaign trail. For many months prior to the bailout exit, SYRIZA’s strategy was based... old habits of sharing the wealth amongst the few, mostly those who cosy up to the ruling party... up the work carried out a by a cross-party parliamentary committee that investigated alleged
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General govt primary cash surplus at 5.21 bln in September, arrears fall by 411 mln
EconomyMacroeconomyof the figures showed that in the first nine months of the year, revenues edged up by 1.9 percent YoY... governments (+24 million euros). At just under 32 percent, arrears of SSFs made up the majority of arrears... billion to 21.21 billion, making up 6 percent of the total. In the year-to-date, repos have risen
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Hospital report gets ball rolling in coalition effort to target former governments
PoliticsGreek Politicsinto the case as it seeks to keep up the pressure on the opposition over alleged malpractice... a report claiming that hundreds of files had been found hidden away behind a bricked-up storage space... documents ended up where they were found. Path to elections The focus on such alleged scandals
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Appeals over past pension cuts sow confusion about potential fiscal impact of backpay
Economy, while supplementary pensions experienced scaled-up cuts that started from 10 percent to 20 percent... the concept of “personal difference” that in many cases calculated that up to 2010 groups.... The general premise was that as the economy picks up, this difference would gradually narrow
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Central government debt increases by 10.7 bln to 356.03 bln in Q3
EconomyMacroeconomy(-0.72 million). FSM loans continue to make up the lion’s share of overall loans, accounting... of the composition of new borrowing for the first nine months of the year showed that ESM loans made up 54.3.... The debt breakdown by residual maturity showed that long-term (over 5 years) debt made up 77.6 percent
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