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Fourth review talks conclude with fiscal differences remaining
EconomyProgrammeeuros they cover the entirety of Kyriakos Mitsotakis’s pledges. Related to the fiscal debate... conservative view, in line with the European Commission’s current estimate of 2.2 percent growth... as possible to the finished article. Greece will be discussed in today’s Euroworking group, specifically
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ND unveils steps to address migration issue amid political pressure
PoliticsGreek Politicssteps aimed at tackling the situation: More sea patrols to protect Greece’s Aegean borders... around the country. Citizens Protection Minister Michalis Chrysochoidis outlined at Monday’s meeting... will be to root out those who are not eligible for asylum as quickly as possible. The government’s goal
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Parties gear up for clash over escalating migration challenge
PoliticsGreek Politics, undermining the Greek government’s efforts to decongest the Moria centre on Lesvos in particular... or other forms of danger. Migrants v refugees In the wake of this comment, two of ND’s prominent right... are Syrians, who are eligible for asylum. Almost 39 percent of this year’s arrivals were from Afghanistan, 9.5
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Athens sets out debt management strategy for 2020, reopens 10-year bond
EconomyThe draft budget submitted to Parliament on Monday gives some broad guidelines regarding Greece’s... reserves of state bodies have smoothed Greece’s debt profile, which is now characterised by low financing...’s credit rating to investment grade as soon as possible. For 2020, the authorities plan to follow
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Greece tugged down in WEF competitiveness ranking by financial system, institutions
EconomyFeaturesThe World Economic Forum’s Global Competitiveness Index (GCI) for 2018 has shown that Greece fell... from 0 to 100. Under this system, Greece’s overall score out of 100 was 62.6 percent compared to 62.1... preceding Greece in this year’s report were Brunei Darussalam (56), Colombia (57) and Azerbaijan (58
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PBO highlights areas of uncertainty for 2020 budget
EconomyMacroeconomyhas committed to its official creditors is met. The Budget Office’s detailed breakdown shows... of expenses and revenues worth 80 and 134 million each, and the lion’s share come from higher revenues... registered low percentages of electronic purchases so far. The cornerstone of the new government’s
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IMF revises fiscal outlook, sees lower primary surpluses in coming years
EconomyMacroeconomythe estimates it published in the previous Fiscal Monitor in April. The IMF sees Greece’s overall fiscal..., reaching a deficit of 1.6 percent in 2024. In April’s monitor, Greece was expected to reach.... In April, the Fund expected full compliance with Greece’s commitment to its official creditors up
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Latest T-bill auction highlights shift in Greek yield curve
EconomyThe flow of positive news in Greece’s sovereign debt market continues as the Public Debt Management Agency (PDMA) announced the results of Wednesday’s 26-week T-Bill auction in which the yield dropped to zero. This came just a few weeks after Greece’s debt managers managed to roll over 13-week T
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Changes to primary residence protection proposed in bid to draw more applications
EconomyFeaturesby the Commission earlier this year, Greece’s banks adjusted their mortgage frameworks to account for inclusion into the scheme. A recently launched online platform, created by the country’s four systemic banks, connects applicant’s details to the General Secretariat of Private Debt, which
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Athens formulates response to Turkey-Libya maritime deal it deems null and void
PoliticsForeign Policywith Turkey’s President Tayyip Erdogan on Wednesday, the MoU is by null and void, and only creates greater... to the agreement Turkey made with the Libyans. Ambassador expelled Athens has decided to expel Libya’s... by the Libyan Foreign Minister and that is why the country’s ambassador is being expelled and no action
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