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Eurogroup confirms third review almost done but e-auctions still a concern
EconomyProgrammepresident Mario Draghi during Monday’s meeting of eurozone finance ministers. The report claims that his intervention drew a sharp response from Greek Finance Minister Euclid Tsakalotos, who asked... and finances involved. It is expected that both of the prior actions will be addressed in the coming
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Pension cuts dominate discussion as eurozone prepares to release final bailout tranche
EconomyProgrammeat the Finance Ministry to deliver to Tsipras by the end of July a set of proposals for the 700 million... being examined by Finance Ministry officials include lowering the basic rate of income tax from 22... finances in the coming months. The official in Brussels was much clearer on the issue of the reduced
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Lenders set to keep coalition waiting for answer on pension cuts
PoliticsGreek Politicsof finance ministers seems the most likely point at which a decision will be taken. This is something... Athens. Just a few hours earlier, Finance Minister Euclid Tsakalotos suggested that the Fund might... finances or on whether the pension cuts need to be implemented or not. The European Stability Mechanism
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OECD sees 2.2 pct growth in 2019, stressing importance of reform adherence
EconomyMacroeconomygrowing by 2.2 percent in 2019 from a previous forecast of 2.1 percent for 2018. The Greek Finance... are expected to grow 8.8 percent in 2019. The Greek Finance Ministry anticipates private consumption... in place, the OECD expects that Greece will be able to contain new risks to public finances and growth
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Athens warned about missing fiscal targets rather than changing them unilaterally
EconomyProgramme. Eurogroup president Mario Centeno said that the eurozone finance ministers were informed about the measures... of the past. We don’t need you anymore.” On Thursday, Alternate Finance Minister Giorgos Houliarakis... finances. “There is no fiscal space for handouts,” Stournaras told the FT. “The government is unlikely
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Tsipras ramps up fiscal pledges as elections draw closer
PoliticsGreek Politicspensioners in a new form, as suggested by Finance Minister Euclid Tsakalotos a few days ago. Responding... and EPP head and EU presidency candidate Manfred Weber, while the German Finance Minister Olaf... to quell lenders’ concerns about the state of public finances as the Council of State, Greece’s highest
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Tax cuts spearhead Mitsotakis's message in Thessaloniki
PoliticsGreek Politicsthan being included in the 2020 budget being drafted by the Finance Ministry. One of the most... in a segregated account and “will be used to reduce gross financing needs or to finance other agreed... that New Democracy is attempting to correct this. On the subject of whether public finances
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EU's temporary framework for state aid in response to Covid-19 outbreak
Legalis intended to provide (only) short term repayable finance (six months). Given the limited admissible time.... It provides a long term injection of finance on non-commercial terms. The Commission approves... society, entrepreneurship and public finances through stimulating liquidity and safeguarding
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Leaders clash over economy as PM looks on bright side of Eurogroup assessment
PoliticsGreek Politicshours earlier. Eurozone finance ministers agreed to release 748 million euros to Greece, mostly made... identified by the eurozone finance ministers include: The implementation of Greece’s arrears clearance... appropriate checks to ensure that the true state of each borrower’s finances and wealth is known.
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Trouble from Turkey prompts plans for extra defence spending after years of cuts
PoliticsGreek Politicsto be Turkish provocations in the Aegean. This discussion gathered pace on Monday, when Finance... the weekend suggested that the Finance Ministry was aiming to present a balanced draft budget for 2021... a tight rein on public finances despite the difficulties created by Covid-19. Debate Defence spending
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