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Signs of recovery, improved tourism season visible in Sept budget data as revenues beat target by 943 mln
EconomyMacroeconomyThe budget primary balance up to September landed at a deficit of 5.96 billion euros, compared with a deficit of 7.01 billion in the same period last year, the preliminary Finance Ministry (MoF) budget execution data showed on Friday. The primary balance was above the target in the 2022-2025 Medium
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Primary cash deficit reduced to 5.72 bln in Sept as revenues climb
EconomyMacroeconomybillion euros in the first nine months of 2021, compared with a deficit of 7.01 billion in the same
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Greece gets new finance minister but old guard dominates cabinet reshuffle
PoliticsGreek PoliticsEnding days of speculation, the new Greek cabinet was named on Monday, with Eurobank economist... at Piraeus University and as Eurobank’s chief economist to take up the job at the Finance Ministry... due to take place after the summer even more significant. It will be a test for the economist’s
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Understanding the German approach towards Greece
Agoraovercome its economic depression. *Christian Odendahl is the chief economist at the Centre... of the euro crisis. However, many German economists, policy-makers, journalists and hence, voters... of a weak hand? Economists believe in the force of a good argument, both empirical and theoretical. Some
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Eurozone periphery condemned to low wages, demand, EC study suggests
EconomyA research paper by an economist at the European Commission’s Directorate General for Economic and Financial Affairs (DG ECFIN), which was initially published online this week by accident, withdrawn.... However, economist Jan in ‘t Veld is clear in his criticism on the euro area opting to simultaneously
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Greece's new finance minister lines up for a marathon (and several short sprints)
PoliticsGreek PoliticsThe naming of economist Gikas Hardouvelis as Greece’s new finance minister took most observers by surprise but the big challenges awaiting him are no secret. Hardouvelis’s appointment caught many off... economist to take up the job at the Finance Ministry. The new finance minister cannot say he is unaware
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Stomach for the fight
Agorathat, the only major change was at the Finance Ministry, where economist Gikas Hardouvelis replaced..., though, about how someone like Hardouvelis, a US-educated economist used to moving to technocratic
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Tsipras hopes to muddle through, avoid internal clash for now
PoliticsGreek Politicsin 2013. SYRIZA continues to be split over how the government should progress. Marxist economist Yiannis... agreement. Fellow economist, and MP, Kostas Lapavitsas continues to publicly advocate a euro exit
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Varoufakis and his friendly fire
Agoraof a button,” as the economist described it. While some people have interpreted the ex-finance minister’s.... “Being a good economist doesn’t mean you are also a good politician,” Tsipras told public broadcaster
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Parliament will not probe 2015 bailout negotiations but issue unlikely to disappear
PoliticsGreek PoliticsFinance Minister Yanis Varoufakis and US economist James Galbraith, who served as his adviser... with the outspoken economist. Varoufakis, though, shows no signs of wanting to let sleeping dogs lie
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