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EC warns budget not on track due to handouts, advises against further underspend
EconomyProgrammeProgramme submitted by the Greek authorities to the Commission earlier this year projected ample fiscal... where Greek authorities have spent less than initially planned, either by choice or because spending..., there is a significant divergence over the assessment of the latest expansionary package. Greek authorities have
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From a tsunami of debt to some sense of normality
Agorabetween the European Union and Italy over the latter’s budget, led to Greek yields rising after the new.... This was due to the fact that the Greek state had built up a sizeable cash buffer of more than 25... repayments of roughly 2 billion over the next three years. Greek government bonds after the PSI
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PMI rises to 54.6 in July, sentiment highest since July 2012
EconomyMacroeconomyto the latest data from Markit PMI. This represents a three-month high for the Greek manufacturing sector... among Greek manufacturers was the highest since the series began in July 2012. Employment rose as well... commented that good sales continued to drive the health of Greek manufacturing as output rose along
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Support for euro grows in Greece, strong mistrust of EU easing
Society, the survey found that Greek respondents have a persistently negative view of the bloc, while still..., Greek trust in the EU gained 6 pps. Historically, trust for the EU among Greeks began to decline... overtook positive sentiment among Greek respondents. Sentiment slowly began to recover in 2016
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Newsletter 218 -06/09/2019
to The Hague, where he held talks with Dutch Prime Minister Mark Rutte. The Greek leader focussed on issues... brief summer holiday, the Greek prime minister has stressed his government’s efforts to make Greece... (IMF) view… is excessive and is putting undue pressure on the recovery of the Greek economy,” she
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ND aims to show progress at Eurogroup but QE unattainable for now
EconomyProgrammeEurogroup meeting, the Greek finance minister is also expected to officially request permission... issues and specifically for the effort to get Greek bonds back to investment grade. The open-ended nature of the purchases gives the Greek government some encouragement that with the right policy mix
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Mitsotakis eyes Christmas handout, tries to rally support for diaspora vote proposal
PoliticsGreek Politicsfiscal space at the end of the year “to support the weakest” in Greek society. His comments came ahead... Christmas handout made headlines across the Greek media, which speculated about the funds that might... MPs, Mitsotakis will have to gain the backing of centre-left KINAL, ultra-nationalist Greek Solution
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Newsletter 224 -18/10/2019
surpluses The Greek government overcame a considerable hurdle this week as it appeared to reach... to the previous estimates that were released in April. The IMF sees the Greek economy growing by 2 percent.... The latest growth estimates are in contrast to the view of the new Greek administration, which sees
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Turkey's move in Mediterranean puts Mitsotakis under pressure domestically
PoliticsGreek Politicsout the space to its south. The Greek government appears to have been surprised by the pact, which... deal broke, Mitsotakis dispatched Foreign Minister Nikos Dendias to Cairo, where the Greek diplomat... and Prime Minister Zoran Zaev calling snap elections, the Greek government has been beset by concern about
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Govt delivers diaspora vote, leads polls but receives Hellinikon complaint
PoliticsGreek PoliticsA rare moment of consensus has led to Greek Parliament allowing Greeks living abroad to vote... was considered historic by the Greek media because it is rare to have such a broad consensus among..., New Democracy is expecting that the change will work in its favour as the Greek diaspora tends
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