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Tsipras tries to entice voters with VAT cuts and pension bonuses
PoliticsGreek Politicseuros would be shared out among Greece’s pensioners, in the form of a bonus. Those earning pensions... at Tuesday’s news conference, alongside Finance Minister Euclid Tsakalotos and Labour Minister Efi...-free threshold for incomes will not be reduced. When one of the journalists present at Tuesday’s press
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Athens moves ahead with expansionary measures as it waits for lenders' response
EconomyProgramme. Finance Minister Euclid Tsakalotos is expected to get a cool reception at Thursday’s Eurogroup due..., Tsakalotos insisted that these measures had been planned since Greece’s exit from the third programme..., according to the government’s initial plans. He said, though, there is no fiscal space to reduce VAT
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SYRIZA tries to build on "positive" measures but polls yet to register bounce
PoliticsGreek Politics,” is the party’s slogan for the elections, summing up the message that the leftists want to convey... that the government’s 13th pension, which will result only in low-income pensioners receiving an extra full-month’s pay, is a pre-election gimmick. In a speech in Larissa, central Greece, on Wednesday
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Top spots in judiciary spark new clash in build-up to snap elections
PoliticsGreek PoliticsThe government’s final cabinet meeting will possibly be held this Thursday, before snap elections... will remain in power and if it should have the ability to appoint the country’s top judges before the July 7 elections. SYRIZA’s political secretariat was due to meet on Wednesday in the latest attempt
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Alpha Bank posts net profits of 27.5 mln in Q1, ELA eliminated
EconomyBankingformation of around -80 million euros. The bank’s NPE reduction plan going forward.... Alpha Bank’s CEO Vassilios Psaltis said that a focus on cost reduction and impairment charges had delivered profitable results in Q1 despite the challenging profile of the bank’s loan book. He noted
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Lenders set to highlight reform delays, leaving fiscal gap concerns until after elections
EconomyProgramme, highlighting that recent fiscal interventions by the government have cast doubt over whether this year’s... to Greece’s creditors. Due to the report being issued at the start of the campaign period... reading for Athens. The government’s assertion that the pension bonus and VAT reduction announced
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Institutions warn of fiscal target being missed, reforms slowing
EconomyProgramme, highlighting concerns about the fiscal impact of the government’s expansionary measures and noting... surplus target agreed with the country’s lenders for 2019 and beyond. “As outlined in the assessment..., suspended or is unsuccessful. No action has been taken so far to address these issues.” The economy’s
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Apartment prices up by 4 pct in Q1 for highest increase since 2007
EconomyMacroeconomyquarters of 2018 was 1.2 percent and 2.2 percent, respectively. The latest quarter’s increase..., the household lending sector’s net monthly movement showed negative movement of -202 million euros compared... to 55.79 billion euros. The BoG’s annual non-performing exposures (NPEs) report showed that in 2018
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Mitsotakis focuses on investment and taxes as ND launches election campaign
PoliticsGreek Politicsfocussed on investments and tax cuts, which are considered two of his party’s strongest cards in its... and that this process would be overseen by the Prime Minister’s Office. He also said that if there are appeals.... Mistotakis’s repeated calls over the last few years for tax cuts and a more business-friendly
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New Democracy on course for clear majority, opinion polls suggest
PoliticsGreek Politicsthat led to Greece’s neighbour being renamed North Macedonia. Reports suggest that Mitsotakis plans an extensive tour of northern Greece, where he hopes to capitalise on the party’s opposition... percent. According to MRB’s projection, if six parties make it into Parliament, New Democracy will get
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