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ND faces fiscal balancing act and more challenges over spying scandal
PoliticsGreek Politicsto 200 euros if they meet the income and wealth criteria. This will require the Finance Ministry to submit a new supplementary budget in the autumn, while it also makes it an even tougher challenge for officials to find a way for next year’s fiscal targets to be met. Moving back to a primary budget
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Government presses ahead with legislative work by delivering on some economic pledges
PoliticsGreek Politicsthe fact that the bill envisions a bigger budget for the My Home scheme, which aims to help young Greeks obtain their own properties. The budget is being roughly doubled to 375 million euros, according...-majority (200 out of 300) so the new rules can apply immediately, meaning they would be in effect
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Samaras expulsion casts shadow over New Democracy as SYRIZA prepares for leadership polls
PoliticsGreek PoliticsKostis Hatzidakis tabled the 2025 budget, which is due to be debated in Parliament in the second week... consider voting against the budget, commenting that, “anyone who knows [him] would never entertain... in favour, a total of 200 out of 300 MPs. Furthermore, this is traditionally a free vote, meaning
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Moody's upgrading Greece to investment grade puts an end to painful 15-year cycle
Economymaintained a strong policy stance, generating substantial primary budget surpluses. Moreover... to maintain primary budget surpluses of 2–2.5 pct of GDP through the medium term. Greece has also... downgraded to selective default due to its massive 200 billion euros debt restructuring that haircut
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Newsletter 475 - 12/09/2025
into “French-style” austerity. New Democracy loyalists argue that sustained budget surpluses are the only safe... with one child will benefit from the reform by 400 euros, if earning 20,000 euros, and 200 euros... belt since the debt crisis broke out in 2010. Last year, personal income tax brought in the budget
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Newsletter 492 - 23/01/2026
to national and European elections. To take effect in 2027, the reform requires a supermajority of 200... in 2028. This week, the final budget execution data for December was released, showing tax revenues... euros. A study published by the Parliamentary Budget Office estimates that, under the new fiscal
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Crumbling Greek pension system threatens big fiscal gap, budget derailment
Economyto the 2016 draft budget tabled on October 5, the Finance Ministry expects SSFs to record a cash primary... contributions, increased main pension expenditure by 167 million compared to last year’s budget... included in the 2016 budget relates to the implementation of the Council of State decision that ruled
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Addressing some misconceptions about Greek budget revenues and unpaid taxes
AgoraThe evolution of budget revenues and unpaid taxes are among the main topics of discussion in the context of Greece's fiscal consolidation but are also often open to misinterpretation. In 2015, a year... that budget revenues would miss their targets. Indeed, the latest budget execution bulletin showed
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Budget primary surplus to Sept surges to 5.44 bln on solid tax revenues
EconomyMacroeconomyGreece’s budget primary surplus surged by more than 77 percent to 5.44 billion euros in the 9-month period of 2016 from 2.27 billion a year ago, according to the Finance Ministry (MoF) final budget...) and higher revenues (by 1.54 billion), while the Public Investment Budget (PIB) balance fell short
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Jan-Nov budget primary surplus surges to 7.4 bln on solid revenue performance
EconomyMacroeconomyGreece’s budget primary surplus jumped to 7.42 billion euros in the 11-month period of 2016, up by almost 71 percent from last year’s figure of 4.34 billion, the Finance Ministry (MoF) final budget.... This is attributed to revenue outperformance (by 1.28 billion), a notably lower Public Investment Budget
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