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Athens warned about missing fiscal targets rather than changing them unilaterally
EconomyProgramme. “Greece has overachieved on fiscal targets so far,” he said. “We expect the commitment with the Eurogroup... and spending policies,” he added. “That said, under the enhanced surveillance procedure Greece has... to the IMF, indeed I said at our last meeting in Bucharest that I support that because it could
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Newsletter 74 - 20/05/2016
. In addition, the new privatisation fund, whose title has been officially translated as the Hellenic Company... funding. The vote on Sunday represents the final hurdle that the prime minister has to clear...-off fund in which Greece’s lenders have a considerable say and which has access to a vast array
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PM lines up talks with farmers, faces questions over housing crisis
PoliticsGreek Politics. Mitsotakis has been called to Parliament by PASOK leader Nikos Androulakis to answer questions... subsidies and compensation that has led to farmers ramping up their protests over the last few days... concessions on farming fuel tax and electricity subsidies, according to reports. The fact that the PM has
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Athens angling for tougher EU stance on Turkey ahead of summit
PoliticsForeign PolicyThe Greek government has launched another series of diplomatic contacts ahead of the European... Aksoy stressed that “Turkey has been in favour of dialogue with Greece without preconditions. In fact... on December 1. Government sources say that the two men assessed the current situation. Paris has recently
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Mitsotakis targets inflation on path to elections in 2023
PoliticsGreek Politicsa reduction in VAT as one of those options. Development Minister Adonis Georgiadis has been pushing... reductions are concerned. Reducing the tax burden on households and businesses has been one of New... to unveil the revamped ENFIA property tax in the coming days. The process has been delayed by reported
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Govt treads carefully on economic relief measures, hoping normality is near
PoliticsGreek Politicsto a surplus next year. Also, given that this is a measure that has not been adopted for bigger European... million euros. Together with the measures already announced to subsidise energy bills, the government has... to the fiscal limitations since Greece has to return to producing primary surpluses from next year
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Greeks tending to shop less often and opt for local products
Societyand Economics showed that the crisis has made Greeks more inclined to prefer products made in Greece. It’s the latest sign that the prolonged crisis in Greece has had an impact on the way in which... unemployment. According to the survey, the average monthly spend at supermarkets has fallen to 274 euros
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Back from the brink: What next for Greece's property market?
EconomyFeaturesin 2013. The trend has been decelerating since 2016, with the rate of -2.4 percent being the slowest... continued to come from overseas property buyers flocking to buy holiday homes at discount prices..., properties denominated in euros become less affordable. The result has been that estate agents in some
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Troika returning to Greece but key decisions still months away
PoliticsGreek Politics. The completion of the review, though, is just one piece of the Greek jigsaw that has to fall into place over... and 2015 and what form further debt relief might take. Our Q&A attempts to answer the key questions....” The troika has fully adopted the OECD’s recommendations and made it clear to the Greek government
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Greeks' working hours among highest in EU, annual leave below average
SocietyAn annual review for the working rights of workers in the European Union has found a divergence..., and work-related education and training. The report also looked at how many days of annual leave workers... take the measures necessary to ensure that every worker is entitled to paid annual leave
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