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Mitsotakis shrugs off scandals to hit back at foreign policy critics
PoliticsGreek Politicswas the Thessaloniki International Fair in the autumn. The government has been building up expectations... for compromising the safety of the railways in the run-up to the accident. Asked whether Karamanlis would... for distributing EU farming subsidies. The PM stressed the government’s efforts to clean up the payments
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Economic sentiment improves in July, consumer confidence continues to slide
EconomyMacroeconomythe rolling 12-month period, July’s ESI is up by 3 points from August 2024. The average ESI in the EU stood... in the previous month. Consumer confidence is up by just 0.5 points on a 12-month rolling basis.... Since August 2024, industry confidence is up by over 12 points. The services index was marginally
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Government adamant snap polls are not under consideration
PoliticsGreek Politicsin such interventions is being lined up for the Thessaloniki International Fair next month... from a small percentage of net state revenues. Individuals can donate up to 20,000 euros per year to a party, and up to 5,000 per year to a candidate. In 2020, Greek political parties received
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PM prepares to finalise relief package as talk of electoral tweak gathers pace
PoliticsGreek Politicsthat government officials are trying to release as many funds as possible to beef up the package of relief... firmly refusing to partner up with the conservatives and smaller parties drifting in unpredictable... percent, plus one extra seat for every 0.5 percent up to a total of 50 seats at 40 percent) never
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Significantly contained spending pushes July primary surplus 4.36 bln above target
EconomyMacroeconomyThe budget primary balance produced a surplus of 7.96 billion euros up to July, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday. The primary.... The budget balance up to July showed a surplus of 2.19 billion euros, from a 139 million euros deficit up
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Consumer and retail confidence deteriorate further in Aug due to cost of living
EconomyMacroeconomypoints, from -47.6 points in the previous month. Consumer confidence is up by 2.5 points... points in the previous month. The EEI is up by just over two points on the rolling 12-month period... September 2024, industry confidence is up by over 3 points. The services index was marginally lower
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Government defends tax-cut package against opposition criticism
PoliticsGreek Politics. On Monday, Finance Minister Kyriakos Pierrakakis focussed on the raft of tax reforms which make up... is critical to arresting the slide in its fortunes, therefore it was deemed necessary to come up... months, signalling instead his determination to see through his second term without letting up the pace
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Growth treads water as PM targets relief for households
EconomyMacroeconomyby Eurostat was distributed in the form of two main handouts, a rent refund for up to 900 euros.... Young taxpayers up to the age of 25 will pay no tax on their first 20,000 of income, while those... of Greek earnings, at least as they are captured in income declarations. Taxpayers earning up to 15,000
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PM under fire for foreign policy handling after Erdogan snub
PoliticsGreek Politicsbattle. At home, the government still faces accusations of a cover-up over the Tempe rail crash... in the build-up to the meeting. Leader Nikos Androulakis said Mitsotakis’s team was guilty of amateurism... continue to expose the government to accusations of a cover-up over the causes and the handling
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Access to housing market slipping away for young Greeks
Societykept up with property prices. The study finds that low-income households need to allocate 60 pct... prices up by 30 pct. In the same period, real wages have grown by just 6 pct, being impacted... is that the pressures in the property market and incomes have been building up over a number of years and it has now
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