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Pension deal rekindles speculation about election date
PoliticsGreek Politicswill no longer be included in next year’s budget, has rekindled speculation about when Alexis Tsipras... to see out his four-year term, which ends next September. In fact, he said that he will use... to be shared out from this year’s excess fiscal surplus have provided renewed hope to Tsipras and his team
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Developments, poll data spark new round of speculation over elections
PoliticsGreek Politicsto the polls early next year would mean the coalition could avoid having to tap the cash buffer due... the end of the government’s four-year term next September, in order to hold elections. An opinion poll... early next year, when voters have had time to digest the package of measures put forward
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After 2019 budget, lenders turn attention to Greek post-MoU reform tasks
EconomyProgramme. This includes the scrapping of next year’s pension cuts, as well as legislating a 400-million-euro housing... accumulating from budget year 2017. The disbursements are scheduled to reach Greece in equal amounts, semi... this remains subject to market conditions and possibly the timing of general elections next year.
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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... are expected to see small rises in the amounts they received from the beginning of next year. Earlier... in 2019,” he said. It’s the third year in a row this happens. This shows that the Greek authorities
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Trade deficit drops by 0.6 pct in October with aggregate increase at 1.4 pct
EconomyMacroeconomyGreece’s trade deficit edged down by 0.6 percent year-on-year (YoY) in October compared to a sharp increase of 39.1 percent in September, according to data from the Hellenic Statistical Authority... figure for the first 10 months of the year showed a rise of 1.4 percent in the trade deficit
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Fresh reminder about pending reforms for Athens, which remains confident on goals
EconomyProgrammeof the year, and what will replace it, he said that the government is looking for a new framework... extended by another year, until the end of 2019. The Economy Ministry is said to be working on a plan... year in a row, of the capital gains tax on property transfers. Parliament also approved on Tuesday
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Mitsotakis pledges more benefits, new faces as election build-up intensifies
PoliticsGreek Politicssocial dividend that is being paid out from this year’s excess surplus. As of Friday, total of 675... of renewal and preparing for next year’s elections, which many expect to be held before... exchanged the name settlement in return for the institutions allowing him to scrap next year’s pension
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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.... The last market access was in February this year, with the issuance of a 7-year benchmark of 3... times between now and 2037 and again from 2052. For next year, the PDMA highlights
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Private sector employees increase in 2018 along with average wage rise of 4.6 pct
EconomyMacroeconomyby firms electronically into Ergani and is released to summarise activity each year. The report... were employed by more than one firm. Compared to last year, the number of companies has risen by 10,077... percent were females, also remaining mostly unchanged from the previous year. The majority of employees
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SYRIZA states intention to continue as minority govt after ANEL leaves coalition
PoliticsGreek Politicsresurfaced after a lengthy hiatus. Early last year, a political storm was caused by the statements... to clarify matters. When the alleged scandal surfaced last year, it created a toxic atmosphere in Greek... a significant impact on public opinion heading into the general elections due later this year.
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