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Greece seeks better relations with Albania as wariness of Turkey grows
PoliticsForeign PolicyGreece is stepping up its efforts to improve relations with neighbours such as Albania so it can... Minister Panos Kammenos publicly claimed that the two could face up to 15 years in prison. The Prime..., Athens is trying to tie up loose ends with its other neighbours. Apart from the ongoing
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New overdue taxes jump by 2.01 bln in Feb, total stock climbs to 101.12 bln
EconomyMacroeconomystands at 2.78 billion euros, up by 6.6 percent against the figure for the same time last year (2.62... lenders have also stressed the importance of stepping up collectability rates this year. Earlier... up 89.2 percent, or over 89 billion, of the overdue tax balance. It was also noted in the report
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Budget primary surplus confirmed at 2.37 bln in March, above target by 1.27 bln
EconomyMacroeconomymonths of 2018, up significantly against last year’s figure of 1.07 billion euros, the Finance Ministry... balance in the first three months of 2018 recorded a surplus of 454 million euros, up substantially..., and beating the target by 1.27 billion euros. Revenues Monthly gross revenues edged up by 0.3 percent
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Extra taxation did not increase revenues in 2017
EconomyFeatures(ELSTAT) provisional fiscal data for the period from 2014 up to 2017, showed that general government... in revenues from social security contributions which went up by 1.03 billion year-on-year to 25.94 billion... investment budget will be 3.56 billion, up from 3.18 billion in 2017. Expenditure will be significantly
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Which way to the exit?
Agoraabsence of prudent liability management, had allowed debt maturities to pile up during the most... is removed from the picture, debt maturities up to 2025 barely exceed 10 billion euros annually... to significantly high primary surpluses of 3.5 percent up to 2022, which translate into a figure of over
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Coalition's feud with shipowner shows no sign of de-escalation
PoliticsGreek Politics. As mentioned previously, the theme of the SYRIZA-ANEL government being made up of outsiders who are being undermined and targeted by a corrupt establishment has cropped up repeatedly in the government’s... Mitsotakis’s lead by following up his call for snap elections later this year with one of her own
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Greece’s unstable and confusing tax system failing to deliver results
EconomyMacroeconomy, up from 12.7 percent of GDP in 2008. Income taxes and insurance contributions also increased... that while incomes fell, taxation was bumped up dramatically and the tax-free threshold trimmed... not make it into state coffers due to them being eaten up in bureaucracy and wasted time and resources
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New Democracy proceeds with renewal, puts centrists under pressure
PoliticsGreek Politicspromising since being elected with a shake-up of its local representation. Some 155,000 members voted... to a government proposal for the breaking up of the vast Athens “B” and Attica voting districts by suggesting... sown up a deal with Tsipras as “fake news.” He insisted that his party’s primary goal at the next
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Fourth review talks move along but some obstacles yet to be cleared
EconomyProgrammewrap up on Saturday. According to Energy Minister Giorgos Stathakis, there was an agreement... on Saturday to come up with a formula acceptable to all sides. A senior Finance Ministry official told... are the pension cuts lined up for 2019 and the lowering of the tax-free threshold in 2020. The new objective
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Whether an "early" or "clean" exit, it's the same old story for Greece
Agora, this time with a mandate to implement the third MoU rather than to rip up the second, as was the case... to present to voters. He came up with the “early” exit, announcing in September of that year that his... of development that scares the Greek political system into action. If the leaders were able to look up from
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