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Parliament's budget office rings alarm bell on economic prospects
EconomyMacroeconomyThe Greek economy deteriorated in the first half of 2015 and the country has entered again into a recessionary trajectory, according to the quarterly report of the Parliamentary Budget Office (PBO). The key rationale lies with the uncertainty that stemmed from the extended deposit outflows
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Parliament's budget office sees risks and rewards in third bailout
EconomyMacroeconomyThe elimination of uncertainty related to economic policy and the implementation of reforms and privatisations is a key condition for faster and sustainable economic recovery, the quarterly report of the Parliamentary Budget Office (PBO) stresses. The issues that have emerged from
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Parliament's budget office highlights economic challenges beyond bailout
EconomyMacroeconomyThe economic challenges that Greece faces should it conclude the first bailout review with the institutions are outlined in the latest quarterly report of the Parliamentary Budget Office (PBO). The report notes that based on the latest available information, the negotiations with the institutions
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Parliament's budget office sees risks to economic recovery
EconomyMacroeconomyIn its latest quarterly report, the Parliamentary Budget Office (PBO) calls for swift and consistent implementation of the third bailout programme since it concludes there is no alternative route to economic growth. On the labour market reforms that are part of the second programme review
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Greek 2017 budget reveals size and source of extra tax burden
AgoraThe 2017 budget tabled in Parliament on Monday revealed that the bulk of the estimated incremental fiscal performance in 2017 will stem from additional revenues since 2.45 billion of the 2.6 billion in total interventions will be on the revenue side. The Finance Ministry forecasts that five revenue
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Budget debate begins as poll highlights opposition's weakness
PoliticsGreek PoliticsThe debate over next year’s budget began in Parliament on Wednesday, ahead of this Sunday’s vote. Although the government is coming under attack over the cost of living and taxation, this political pressure is still not translating into any substantial shift in public opinion. Finance Minister
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Coalition tweaks draft electoral law in hope of clinching supermajority
PoliticsGreek Politicschances of gaining the votes of at least 200 MPs so that new system can apply immediately. Interior... the 3 percent threshold remaining in place. If the coalition can get more than 200 votes..., the government would be very close to the 200 votes it needs. SYRIZA and Independent Greeks will supply 153
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The case of SYRIZA's fiscal performance
AgoraThis blog is about the Greek general government overall budget balance since 2013 (after the most... for the following reason: we recommend that Greece follow (roughly) a balanced budget objective. Then a gradual..., in euros, would stay constant—consistent with a balanced budget that requires that existing debt
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Newsletter 81 - 08/07/2016
the supermajority it is looking for hanging in the balance until then. If the government can secure 200 out... immediately rather than after the next general elections. When the bill was tabled, it appeared that 200... votes of securing the 200 votes it is aiming for as the Union of Centrists have said they will vote
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Newsletter 224 -18/10/2019
Draft budget details agreed Athens submits 2020 plan to Brussels as IMF sees lower growth, primary... an agreement with the European institutions over next year’s draft budget, settling differences over...-September budget execution figures showed that there was a strong fiscal outperformance
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