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EC recommends symbolic closure of deficit procedure as Athens mulls bond issue
PoliticsGreek Politicspercent threshold set out in the Stability and Growth Pact. Brussels went on to note that Athens... a decision on the Greek programme on July 20, which is seen as a cut-off point if Athens is to tap
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Mitsotakis pledges tax cuts and reforms, hopes for lower fiscal targets
PoliticsGreek PoliticsIt was New Democracy leader Kyriakos Mitsotakis’s turn to step into the spotlight at the Thessaloniki International Fair (TIF) last weekend and set out his proposals, which included lower taxes... percent, cut ENFIA property tax by 30 percent over two years (a pledge he first made last year
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Newsletter 132
at the Thessaloniki International Fair (TIF) to set out some of his policy ideas. He said that his... be made for 10 years. He also pledged to reduce corporate tax from 29 percent to 20 percent, cut
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Athens braces for review headwinds due to IMF demands, Berlin changes
PoliticsGreek Politicssuggested that Wolfgang Schaeuble is set to leave the position, with an FDP politician, possibly party... to be implemented in 2019, rather than 2020. This is also the year that pensions have to be cut by 1
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Final budget sees strong growth, fiscal overperformance in 2018
EconomyMacroeconomyStability Mechanism programme is set to be completed in August next year. According to the documents... billion euros next year from 12.22 billion in 2017, social spending will be cut substantially, from
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Newsletter 141
will be cut from 21.04 billion this year to 19.44 billion. Operating expenses will also be reduced. Interest... spending will stay stable at 6.75 billion. The pace of privatisations is set to intensify with completed
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Speculation about timing of next general elections intensifies
PoliticsGreek Politics-year term expires. The date of the next regional and municipal vote has not yet been set... to public opinion before deciding whether he should cut his losses and seek a respectable defeat
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Newsletter 168 -29/06/2018
his economic policy ideas to German Finance Minister Olaf Scholz, including plans to cut... fiscal balancing act. Last Thursday’s Eurogroup outlined the set of commitments that the Greek
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Mitsotakis plans cuts to pension contributions, aims to add private element to system
PoliticsGreek PoliticsNew Democracy leader Kyriakos Mitsotakis has set out some of the policies he plans to unveil at the Thessaloniki Expo in the coming days as the competition between the government and the opposition... that the SYRIZA leader will match New Democracy’s promise to cut the ENFIA property tax by 30 percent
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Athens edges towards compromise on pension cuts but may have to plug fiscal gap
EconomyProgrammeIt appears that the institutions are set to grant the Greek government’s request regarding the cancellation of the pension cuts that were due to kick in next year, but reports suggest that Athens... of the lenders, the International Monetary Fund, have agreed that Athens will not have to cut pension
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