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Budget execution improves significantly in Oct, primary surplus reaches 4.53 bln
EconomyMacroeconomy, up by almost 71 percent compared to last year’s figure. In addition, the year to date balance... by 14.3 percent to 2.19 billion euros with VAT up 10.6 percent to 1.46 billion and consumption taxes
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On the road to realpolitik with Alexis Tsipras at the wheel
Agoraand talked up the prospects of Greece and Israel working together, particularly in the energy sector... from ANEL but refusing to give up his parliamentary seat. In contrast, one of Tsipras’s closest aides
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Pension reform wrangle prompts Greece to consider going own way on contributions rise
EconomyProgrammepensions, which could lead to reductions of up to 30 percent in some auxiliary retirement pay... on income criteria and that lower replacement rates ranging from 55 percent for high salaries and up to 65
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SYRIZA fails to make any friends with new public sector wage grid
PoliticsGreek Politicsand built up ties with public sector unions by embracing PASOK members who abandoned the Socialist party. However, the SYRIZA-led coalition is in no position to live up to its pledge of substantial
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Coalition wants to push own bills through as well as negotiate with lenders
PoliticsGreek Politicsmatters up for discussion with the institutions are pension reform, tax reform and the fiscal gap... is doing differently to previous administrations and why voters should put up with further austerity.
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Greece stands on fault line between vicious and virtuous cycles for 2016
Agoralinked to primary residences. These are combined with the drawing up of a Medium Term Fiscal..., turning into a cumulative deficit of 1.3 billion euros up to March. (Cash balance state budget and Primary
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Coalition poised to unveil pension reform proposals, hoping to avoid cuts
EconomyProgrammeand granting of pensions. 2) The final pension amount will be made up by the national and the main... proposing that these rates should range between 55 percent for high-salary up to 65 percent for low
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Mitsotakis win gives New Democracy chance for renewal but creates fresh risks
PoliticsGreek Politicsshake things up within New Democracy as Meimarakis had been unofficially supported by former party... on overhauling his party and living up to his pledge for renewal and greater meritocracy
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Holding out for a (reformist) hero
Agorahad dreaded. However, his decision to sign up to a third bailout and his political durability despite.... Also, the WSJ’s assessment does not seem to tally up with the International Monetary Fund’s assessment
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Unpaid social security contributions almost reach 15 bln
Macroeconomyamount of 3.38 billion making up 23 percent of the total debt. The largest debt bracket includes... allowed up to 100 installments. KEAO figures show that 83.6 percent of those debtors chose
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