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ND aims to show progress at Eurogroup but QE unattainable for now
EconomyProgrammeFinance Minister Christos Staikouras was due on Friday to take up the government’s drive... the ECB reinvestment programme as it gradually climbs up the ratings scale. Greece is three notches... and with its reform drive will be able to speed up its credit ratings upgrades and become eligible
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Government looks to review visit for nod on tax package
EconomyProgrammeThe scheduled visit by the institutions for the fourth post-MoU review will wrap up on Wednesday... calculations, which could in theory free up some fiscal space. The annual benefit from Greek bond... 22 to 9 percent for incomes up to 10,000 and cutting marginal tax rates by one percentage point
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New waste strategy dials down recycling targets, promises to address landfill problems
PoliticsGreek Politicsending up in landfill, there are at least 53 recorded illegal waste sites currently operating across... landfill on the island of Andros, prompting a hurried local clean-up effort. Launching the new plan..., farming and construction activities which together make up over 80 percent of total waste volumes
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Deaths continue to outpace births in latest demographic warning
Societymarriages made up 91.4 percent of the total in 1991. At the start of the year, data analysed... 135,000 up to 140,000 in the worst case scenario, Greece will still be recording around 40-45,000... migration of zero is assumed for Greece, the country’s population in the best case will be up to 800,000
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Newsletter 222 -04/10/2019
four systemic banks on Thursday as the government appears to be stepping up its efforts to secure... to 4.68 percent in August, up 11 basis points (bps) from the rate of 4.57 noted in July, data from... on deposits from households with an agreed maturity of up to one year decreased by 3 bps to 0.54 percent
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Despite ongoing budget talks, ND eyes more relief measures in coming months
PoliticsGreek Politicsto come up at the sidelines of the Eurogroup on Wednesday and the Ecofin meeting on Thursday... will not be formed to come up with an initial finding in two months. Papangelopoulos rejected the claims and was supported by SYRIZA leader Alexis Tsipras, who claimed that New Democracy is trying to cover up its
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SYRIZA launches membership drive but still struggles with 2015 backwash
PoliticsGreek Politicsovershadowed by the dragging up of the party’s problematic past. The party has launched a website..., depended on the outcome of the negotiations with the creditors and was not just up to the leftists... that was prepared to stand up to the creditors and remain true to the goal of overturning austerity
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ELSTAT confirms third consecutive year or fiscal surplus in 2018
Economydebt in 2018 grew to nearly 335 billion euros, at 181.2 percent of GDP, up from 317.48 billion... 2.2 billion in short-term loans. Government revenues in 2018 were up to 88.57 billion, or 47.95... percent, and debt is marginally up by an equal amount.
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New asylum strategy to centre on relocation to closed camps, enhanced border protection
PoliticsGreek Politicsthe Aegean islands of up to 37,000 migrants and refugees who have been stranded there awaiting... pledged to speed up deportations of failed asylum seekers. An increase in new arrivals over recent... to Greece they will end up losing it.” Alongside efforts to manage migration domestically
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Eurobank net profits at 56.3 mln in Q3 from continued operations
EconomyBankingEurobank recorded net profits of 56.3 million euros in the third quarter (Q3) of 2019, picking up... months of the year (9M) came to 82 million euros, up by 1.5 percent year-on-year (YoY). The bank... for our clients as the Greek economy picks up and both households and businesses adapt to a post-crisis
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