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Govt pleads with firms to absorb inflation as surveillance claims prompt calls for accountability
PoliticsGreek Politicsin passing on rising prices to consumers, as the latest budget figures show the gains from economic... relief and emergency subsidies on energy bills have created a 7.2-billion-euro budget deficit in the first ten months of the year, while borrowing has driven the debt ratio up to the region of 200 pct
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PM seeks to leave ICU controversy behind as Tsipras ups stakes with snap election call
PoliticsGreek Politicsleaders set out their position on Saturday, before the vote on the 2022 budget, which passed with the 158... his criticism on the budget, which he described as “conservative” and likely to lead many small... million euros. The tax credit extension is seen at 200 million and another 60 million comes from reduced
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Govt presents menu of energy proposals in Brussels as power subsidy cost balloons
PoliticsGreek Politicssubsidy programmes skyrockets, threatening to cut further into the budget. In August the government... to 0.15-0.17 euros per KWh. This means that the scheme will cost 337 euros per MWh compared to 200 euros... hinting that the rest may have to come from the regular budget. The wholesale electricity price
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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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