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Primary surplus confirmed at 6.44 bln in October on revised budget targets
EconomyMacroeconomyprovided for October to incorporate the Greek government’s new budget figures which were confirmed... to the previous month’s figure of 5.60 billion. On an aggregate basis, gross revenues came to 43.59... year, privatisation proceeds had reached 1.27 billion. The MoF’s latest budget figures target
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Tsipras points to tax cuts as example of bailout exit benefits
PoliticsGreek Politicsof this year’s “social dividend” and the reduction to ENFIA property level and corporation levy... the timing of next year’s election until he has a clear picture of how the “positive measures” are shaping... in one go. The other measure announced yesterday is this year’s “social dividend” – the disbursement
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Mitsotakis treads carefully as pupils protest Macedonia name deal
PoliticsGreek Politicsthat he appreciates people’s frustration with the Macedonia name deal but warned that “healthy... and always respecting our country’s democratic institutions.” The intervention by the conservative..., the pact will lead to Greece’s neighbour changing its name to North Macedonia. Seeing the strong
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Athens moves quickly to scrap pension cuts as Eurogroup inches forward on euro reform
EconomyProgrammefor next year being cancelled. Eurozone finance ministers gave Greece’s 2019 budget the green light..., Eurogroup president Mario Centeno confirmed that the eurozone ministers gave Greece’s budget the green light... in 2019,” he said. It’s the third year in a row this happens. This shows that the Greek authorities
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Unemployment at 18.6 pct in September as unemployed decline by 11.1 pct year-on-year
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate stayed under 19 percent for a second... Statistical Authority’s (ELSTAT) data showed on Thursday. For the same time last year, the unemployment rate came to 20.8 percent. September’s figure marks the sixth consecutive month that unemployment has
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CPI up by 1 pct in November
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) rose by 1 percent in November from a rise of 1.8 percent... early in 2018 with negative readings of -0.2 percent in January and March, with January’s drop being the first negative reading since November 2016. November’s reading marks eight straight months of price
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Parties trade blows over name deal, corruption claims in fraught atmosphere
PoliticsGreek Politicsthe product of an exchange between the government and Greece’s lenders over the pension cuts that were due... that Tsipras will raise the matter at the next European Council. On Wednesday, the prime minister’s office... no intention of climbing down in what is set to be an escalating dispute. Mitsotakis’s decision to up
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Chasing investment, the Greek dream
AgoraThe component of Greece’s gross domestic product (GDP) that experienced the most precipitous... effect as each euro spent on investment boosts household consumption and the economy’s overall growth... including speedy procedures, transparency and a stable tax regime. Greece’s main opposition party
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PDMA sets out plans to build on recent market forays with bond issues in 2019
EconomyGreece’s Public Debt Management Agency (PDMA) issued this week its finance strategy for next year, which also outlines how the country’s market access since the summer of 2017 has been progressively built and gives a detailed profile of Greece’s current debt structure. Moving towards the end
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SYRIZA states intention to continue as minority govt after ANEL leaves coalition
PoliticsGreek Politics. Kammenos’s stance means that SYRIZA seems assured it will be able to remain in power despite... would allow the leftists to continue as a minority government. “There is no sign that Parliament’s trust... of the corruption that was rife in previous administrations and which paved the way for Greece’s crisis
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