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Coalition hails multi-bill as start of clean break, opposition sees more of the same
PoliticsGreek Politicsreductions and increases to welfare spending. The coalition has also not given up... the repayment of its debts. New Democracy accused the government of trying to cover this up
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Multi-bill passed, sub-tranche released but debt relief expectations dwindling
EconomyProgrammea prolongation of up to 15 years but Greek Finance Minister Euclid Tsakalotos suggested recently.... The overall package that seems to be shaping up seems not to match the Greek government’s hopes. Apart from
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Political turbulence due to name deal creates election doubts
PoliticsGreek Politicswill intensify about how long ANEL will be able to prop up the coalition. Given that the next elections... on this sentiment by creating a new nationalist party. The aim of such a new movement would be to pick up
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Mistrust in news reporting persists amid chaotic media landscape
Society). Greeks had the highest usage of ad blockers among countries surveyed at 42 percent, up by 6 pps since... said that they had been exposed to a news story which was completely made up, after Turkey where 49
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Industrial turnover rises by 6.7 pct in April for fourth positive reading
EconomyMacroeconomywas driven by a 2.4 percent increase in manufacturing, while the index in mining and quarrying edged up... (-18.4 percent). Both of these categories make up relatively minor weightings on the index
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EC sees relief measures securing debt sustainability despite poorer growth, market access prospects
EconomyProgrammefor a surplus of 3.5 percent of GDP up to 2023, with the target decreasing gradually by 0.5... that Greece will use some of its cash reserves that were built up per the Eurogroup agreement to service its
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Eurosystem funding falls by 716 mln in May
EconomyMacroeconomyand deposit inflows. The composition of Eurosystem funding for May revealed that ECB funding made up... by 5.64 billion euros, while that for the ECB edged up slightly by 60 million euros. The BoG figures also
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IMF's Article IV conclusion outlines progress and remaining risks on road to recovery
EconomyProgrammea secondary NPE market, there is a need to accelerate the clean up of balance sheets and banks need to build up capital buffers along with further steps to mitigate liquidity and funding risks. The IMF has
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New overdue taxes rise by 610 mln in May, total stock remains above 100 bln for fourth month
EconomyMacroeconomy-on-month, very slightly up from the previous month’s increase of 243 million. This rise was almost... debt (excluding non-tax categories) picked up to 16.9 percent in May compared to a rate of 14.4
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BoG report outlines benefits of surveillance and scenarios for debt
EconomyBankingup to 2022, reforms in the public administration, prudent labour market changes, improvements in tax policy and keeping up the pace of privatisations. Debt In its own DSA, once all measures of debt
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