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Final budget execution data for Sep highlights overperformance in most tax categories
EconomyMacroeconomybillion euros. The budget balance up to September came to a deficit of 4.22 billion euros, from... income taxes were up by 1.51 billion euros. Excise taxes were short of target by 125 million euros... of roughly 3 billion euros. Up to September, RRF intakes were 1.72 billion euros and all
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Surveillance claims continue to bug New Democracy
PoliticsGreek Politics, former intelligence agents and businessmen to set up a spying ring that made use of the Predator... in the setting up of the espionage network, but that many of the victims also seemed to have a poor... of Predator, targeting journalist Thanassis Koukakis, was flagged up some six months ago.
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Record FDI flow into Greece raises bar, but is it sustainable?
EconomyFeaturesof large upfront payments, they are generally followed up by investment programmes which are in many... setting up subsidiaries in Greece or acquiring packages of non-performing loans. Finally... as the pipeline of scheduled privatisation deals inevitably dries up, and how the unintended
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Pension rises approved as public opinion teeters ahead of election year
PoliticsGreek Politics, decreasing to 28.9 pct. SYRIZA’s backing has edged up from 20.7 to 20.9, while PASOK has dipped from 11.9... the enhanced proportional representation system that awards the winner up to 50 bonus seats. This tallies... will bolster this relationship. The rises will also be held up as further examples of the effort
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Budget primary deficit at 1.13 bln in Nov as taxes continue to outperform
EconomyMacroeconomyThe budget primary balance up to November 2022 came to a deficit of 1.13 billion euros, compared... that the primary balance now beats the target by 1.11 billion euros. The overperformance up to last... to 5.55 billion euros, 190 million below the target. Expenditure Up to November, overall expenditure
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PM offers shopping bill subsidy as surveillance scandal threatens to spill over into judicial crisis
PoliticsGreek Politics. The 6-month scheme, for which 650 million euros, has been budgeted will see up to 10 pct of each... for the wiretapping probe to be stepped up. The PM called on the opposition leader to “let the justice... that Mitsotakis might seek to speed up next year’s elections, holding them as early as February rather than
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Budget primary balance to Nov beats target by 1.15 bln as taxes outperform
EconomyMacroeconomy. This means that the primary balance now beats the target by 1.15 billion euros. The overperformance up... up to November came to a deficit of 5.65 billion euros, from a 12.27-billion-euro deficit... balance landed at a deficit of roughly 4 billion euros. Up to November, RRF intakes were 1.72
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ND turns tables on SYRIZA over sleaze, tweaks stance on ex-king's funeral
PoliticsGreek Politicsof the permits with the aim of setting up a SYRIZA-friendly broadcaster. On Thursday, reports suggested... to journalists and others who would be involved in setting up the channel, which was never launched... come up regularly over the last few years and is one of the examples New Democracy turns to when
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HFSF sets out bank divestment strategy, marking final chapter in turbulent story
EconomyBanking-up stress test conducted by the BoG in cooperation with Blackrock. All banks opted for a share... the turbulent first six months of the SYRIZA government that ended up in the summer of 2015 with banks closing..., essentially the current holdings that are up for divestment. Greek banks have experienced a rather
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Opposition irate over watchdog briefing as govt hints at "rogue network" behind surveillance
PoliticsGreek Politicsaffair over what they claim is a concerted attempt by the government to cover up a politically... cover-up. Katrougkalos said the minority on the committee would use its ability under parliamentary... briefing has clearly rattled the government, as it appears to back up press reports that New Democracy
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