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Reshuffle and handouts put on ice as New Democracy closes ranks ahead of local elections
PoliticsGreek Politicsbudget were given by Finance Minister Costis Hatzidakis in an interview with ANT-1 TV on Wednesday... for measures that were “unfair or likely to cause social unrest”. According to government sources, finance... that will be financed by voluntary contributions from big business and high-income taxpayers. This is rumoured
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Cyprus cable dispute and Crete mafia case cast fresh clouds over TIF reset agenda
PoliticsGreek Politicsby his finance minister, Makis Keravnos, who claimed earlier in the day that independent studies... time that reservations have been so clearly expressed. Cyprus’s finance ministry was expected..., adding that “it cannot be financed by Greek taxpayers alone”. At a moment seen as critical
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Greece sets out broad reform plan for lenders' approval
EconomyProgrammeof 1.5 billion and 800 million respectively, according to the Alternate Finance Minister Dimitris... Finance Ministry target to collect more than 3 billion euros from unpaid tax obligations... of the society, and particularly the well-off, contribute fairly to the public finances. That said, a wealth
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Commission slashes 2015 Greek growth forecast to 0.5 pct, sees debt rising
Economybefore. The EC growth estimate for 2015 is lower than the latest Finance Ministry forecast of 1.4... finance projections. The EC notes that given the existing uncertainty about the timely... weighing on public finances. The EC also highlights that its new estimates are subject to a high
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OECD sees growth picking up, warns about society and financial sector
EconomyMacroeconomypercent in 2018, from a modest 1.4 percent growth in 2017. The Greek Finance Ministry’s latest... percent growth that the Greek Finance Ministry anticipates. Growth is expected to be more subdued... part-time employment and jobs that pay only the minimum wage, improved personal finances will lead next
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Newsletter 429 - 28/06/2024
forecast of the Finance Ministry. Greece’s central bank notes that the estimates are subject to downside... on the basis that the spending ceiling could rise by 3 pct per year, per the latest SGP rules. Finance... to the government. He identified sorting out the party’s finances, holding a congress to rewrite
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Greek debt: A case of learned helplessness?
AgoraFinance Minister Yannis Stournaras admitted he was told by his German counterpart Wolfgang Schaeuble when... debt relief have run out of meaningful arguments. The German finance minister certainly does not want... about the pace, the intensity and the mix of austerity but the necessity to restore Greece’s finances
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Greece's key pledges and requests at the Eurogroup meetings
PoliticsGreek Politicsfinance ministers, which could discuss what kind of terms are acceptable to both sides, remains... by Greek Finance Minister Yanis Varoufakis at the two previous Eurogroup meetings. We present below... in their specific areas of expertise and competence. We are committed to sound public finances. Greece has made
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Eurogroup leaves Tsipras with difficult but not impossible deal to sell at home
PoliticsGreek PoliticsFinance Minister Yanis Varoufakis walked away from Friday’s Eurogroup with the promise of a four... did in a lengthy news conference after the Eurogroup. There are three key factors that the finance... finances are going to be extremely tight for the next few months. The shackling of the government’s
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Coalition ready to pass first legislation as agenda for lenders' talks grows
PoliticsGreek Politicsto its election pledges. Prime Minister Alexis Tsipras and Finance Minister Yanis Varoufakis both... of their pre-election programme. Talks with lenders There were reports that German Finance Minister... that creditors have insisted they want a full briefing on the state of Greece’s public finances before
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