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SYRIZA lines up more relief measures to entice voters
PoliticsGreek Politicsto consult with the institutions as this year’s limited fiscal space has already been accounted... of the national elections, the government has tried to pull out all the stops in terms of measures... Eurogroup. “Mr Tsipras has signed the reduction of the tax-free threshold, which we voted against
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Glimmer of hope for efforts to negotiate over tax-free threshold, but not primary surplus
EconomyProgrammewith the pension cuts. The Commission has been open minded and if there is fiscal space... for Greece’s programmes. Although last year’s fiscal space has been taken up by various measures... until 2022. Conservative leader Kyriakos Mitsotakis has suggested that he would first seek to show
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Detailed SME study shows crisis impact and business evolution
EconomyFeatures) has illustrated the challenges faced by SMEs in recent years and called for measures to support... of businesses during Greece’s crisis. The data used has been captured in two periods, from 2008... exports part of their products and services. The Greek business landscape has long been characterised
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Retail turnover falls by 2.3 pct in Feb, volume drops by 3.3 pct
EconomyMacroeconomy. The headline figure means that the index has remained negative for three consecutive months so far.... As with the retail index, the volume index has stayed negative for three consecutive months. Compared..., consumer confidence has improved notably by 20.5 points.
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PM aiming to unveil expansionary fiscal measures after Easter
PoliticsGreek Politics“social dividend” that the government has been paying out before Christmas each year. They also suggest... to their constituencies for the Easter break. However, adopting the measures now also has the added... taxes after national elections later this year. Opposition leader Kyriakos Mitsotakis has made
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S&P keeps rating at 'B+' and highlights obstacles to competitiveness
Economyagreement in June last year when the parameters for the debt relief were agreed but has kept... its view that Greece has one of the most advantageous debt profiles of all its rated sovereigns... tied to further debt relief measures in the near term and in the future has put in place enough
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New overdue taxes rise by 1.37 bln in Feb, total reaches 104.4 bln
EconomyMacroeconomythe Independent Authority of Public Revenues (IAPR) has shown. The aggregate figure for the first... million month-on-month, which was for the large part driven by rises in new debt. Total debt has now.... The IAPR has set a goal for the collectability rate to reach 81.5 percent in the first quarter of 2019.
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Athens revises projections in Stabilty Programme, sees more fiscal space in coming years
EconomyProgramme. Although Greece has committed up to 2022 for a primary surplus of 3.5 percent the current policy... translates into roughly 5.5 billion euros of fiscal space. It is reported that the Finance Ministry has been... benefits or handouts. The main objective will be to reduce some of the tax burden that has
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Turkey's actions in Cypriot EEZ put Athens, Nicosia on alert
PoliticsForeign Policyside has already tabled relevant documents at the United Nations claiming that the Turkish... of the sea area where Fatih is expected to drill until September has been chosen carefully as Athens.... Traditionally, this has been a period during which the two sides avoid dogfights. This development was a blow
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Building permits drop by 5.1 pct in Feb
EconomyMacroeconomyhas remained subdued in recent years as both private and public construction projects were halted due... permits, the total for 2018 has surpassed the total for 2017 by 1,478 permits. However, the total... points to -49.5 from -48 in March. Compared to the same month last year, construction confidence has
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