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PM's Washington visit looms over domestic politics, review schedule
PoliticsGreek Politicsyear’s budget following the slip in revenues this year, and the launch of the electronic platform... and to simplify licence procedures. He said that 120,000 new jobs could be created per year based
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Energy, defence high on agenda as Tsipras prepares for US visit
PoliticsForeign Policy, the agreement for the use of Souda recently signed by the two countries is limited to one year before it has to be renewed. The Americans had been aiming to sign a five-year agreement. One... year. Multidimensional policy The Greek government has repeatedly placed emphasis on what it calls
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CPI rises for ninth straight month in Sept with 1 pct increase
EconomyMacroeconomyforce behind the year-on-year growth in September is a rise in prices for alcoholic beverages... this year, while the IMF and OECD are projecting a slightly higher growth of 1.3 and 1.4 percent
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Eurosystem funding falls by 3.58 bln in September
EconomyMacroeconomymonth this year except for February, when a marginal rise of 334 million was recorded, which... banks, taking into account private sector deposit flows,” the BoG noted. On a year-to-date basis... for the third successive month this year. However, it is still roughly 7.37 billion above the November 2014
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Despite talks in US, review still looms large
PoliticsGreek Politicsto help conclude the review before the end of the year. Review The discussion on Saturday appears... of GDP primary surplus next year, which is short of the 3.5 percent that is set as a target... lenders are equally sanguine about next year’s fiscal prospects. The September budget execution data
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Trust in Greek banking system shaky, survey suggests
EconomyBanking2015, from just 30 billion in November of the previous year. Several knock-on effects have been noted... for several business sectors in August this year to further boost revenues captured, and capital controls... that the new measures resulted in the total withdrawal amount across a full year being 300 euros lower
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Sub-tranche released but PPC poses key challenge in review
EconomyProgrammethe third review before the end of the year. The instalment was released by the ESM in the wake... in determining whether this is something that can be achieved this year will come at the end... by then, it is likely to stretch into early 2018. A decision on what will be done with this year’s excess
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SYRIZA feeling internal pressure due to handling of refugees
PoliticsGreek Politicsliving conditions this winter compared to a year ago. The coalition came under severe criticism last year over the inadequate protection for the people housed at island hotspots and other sites, many.... In total, the UNHCR has recorded nearly 24,000 arrivals by sea to Greece this year up to October 29
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Tsakalotos stands ground on taxes, finalises social dividend plan
PoliticsGreek Politicsfrom New Democracy that this year’s primary surplus, which is expected to exceed the 1.75 percent... that this year’s overperformance is due to the fact that 250,000 more people are in employment... to help the less well-off. This is why the redistribution of part of this year’s excess surplus
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Coalition seeks to remove review obstacles, turn up pressure on opposition
PoliticsGreek Politicsconcluded this year. Tzanakopoulos said that the details of the so-called “social dividend” would be made... this year’s fiscal overperformance as the primary surplus is expected to reach 2.8 percent of GDP against... property tax by 30 percent over two years (a pledge he first made last year in Thessaloniki), lower
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