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Notable increase in grants to social security sector leads to budget primary deficit in Nov
Economythan offsetting a revenue shortfall of 1.43 billion. November revenues and primary expenditure exceeded... billion lower than target. Expenditure As already evident in the preliminary figures, primary... by 1.7 percent to 42.49 billion, 2.34 billion better than target. The latter also reflects notably
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New Democracy counts down to Sunday's leadership vote
PoliticsGreek Politicsof areas. According to the Pulse poll, 38 percent of voters think Mitsotakis would be better than... their faith in Meimarakis. Meimarakis, however, does better than his opponent when voters are asked... levels of the party may prove more potent on Sunday than Mitsotakis’s active campaign, which included
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Search for solutions, not scapegoats in EU's refugee crisis
Agorayear (more than 850,000 arrived in Greece compared to 43,500 in 2014 – an almost 20-fold increase... on trying to find ways to pass around responsibility rather than to come up with a plan to respond... member states have been slow in providing personnel, rather than anything to do with Greek reluctance
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Multiple crises fence in Greece
Agoratheir anger by choosing to raise their social security contributions rather than cut existing pensions... the European Union average but has risen from less than 12 percent since the beginning of the crisis due... has fallen to 3.6 million, which is less than the 2.6 million pensioners and 1.2 million unemployed
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Declining flow of refugees gives struggling government some hope
PoliticsForeign Policybeen an average of 996 refugee arrivals per day. This is substantially lower than the daily average... on Monday, there are no more than 5,300 people (out of a total of just over 50,000) at the reception... arrivals for March appear well down on February's, they are far higher than the figures for last
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Asking Greece to stack more austerity measures ignores past failings
Agorawill need to implement 3 percent of GDP, more than 5 billion euros, in further austerity measures up... could find in the markets better rates than those charged by the IMF, justifying the government plan... an upwards-revised surplus of 705 million euros. This meant the target was missed by more than 2
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Newsletter 73 - 13/05/2016
reducing the tax-free threshold for taxpayers with fewer than two children or none, while the tax... unlock more than 5.7 billion euros, which will not only cover financing needs but also fund... Mouzalas to “Macedonia” rather than the Former Yugoslav Republic of Macedonia, coalition partner
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Budget primary surplus of 2.38 bln by April, continues to beat target due to restricted spending
EconomyMacroeconomymillion), more than offsetting an underperformance of the Public Investment Budget (PIB... slipped 1.3 percent to 14.11 billion, 325 million higher than target. Expenditure Primary expenditure edged up 1.7 percent in April to 3.12 billion euros, which is 472 million lower than target
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General gov't primary cash surplus for Jan-Apr quadrupled to 2.6 bln, arrears stable at 6.7 bln
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus more than quadrupled to 2.6 billion euros..., albeit lower than last year. The breakdown of the key figures showed gg revenues increased by 2.52... increase of more than 700 million in the preceding two months. Since the beginning of the year
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Crisis management policy: the sad lesson of the Greek case
Agoraworse than necessary. This is particularly evident in relation to the 2015 agreement, which was reached... thereof. However, there is no reason to believe that the 6–7 percent could be reduced to lower than 4... to achieve a more rapid debt reduction thereby than otherwise. But this is unfortunately very doubtful
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