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Tsipras reaches settlement with church, aiming to subdue critics
PoliticsGreek Politicsspends on priests’ wages (roughly 200 million euros a year), which will not increase if there is a rise... on wages. The price that the government has agreed to pay for this is to transfer the roughly 200 million.... In effect, the church has agreed to receive 200 million euros a year in compensation in return
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Pandemic takes heavy toll on Greek workers, study finds
EconomyFeaturesan increase in the number of persons receiving less than 200 euros per month. In Q2 2019, only 1 percent of employees had a net monthly income of 200 euros. This rose to 12 percent in Q2 2020. During the same period, those earning between 200 to 1,200 euros decreased by 11.3 percentage points
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Newsletter 176 -28/09/2018
Draft budget expected with interest All eyes on fate of pension cuts as pressure mounts on ANEL... be cleared up by then so it could submit the final 2019 budget to Greek Parliament by the end of November... of the European Commission reviewing the draft budget, which the Greek government is due to table
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Newsletter 278 -14/12/2020
Budget adopted, recovery targeted Govt looking to investments and Covid-19 vaccine to underpin growth in 2019 Having secured the adoption of the 2021 budget in Parliament this week, the government... was passed with the votes of all its 158 MPs as all the opposition lawmakers voted against the budget
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Newsletter 445 - 13/12/2024
PoliticsAndroulakis raises stakes ahead of budget voteAs the government and the opposition geared up for this weekend’s vote on the 2025 budget, thereby essentially bringing an end... the stops to help Greek households. The socialists attempted to upstage the government ahead of the budget
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Newsletter 229 -22/11/2019
budget is tabled Completing the fourth enhanced surveillance review proved smooth sailing for the Greek... Greece’s draft budget as it complies with the post-programme fiscal commitment of a primary surplus... report subsided on Thursday as the government submitted to Parliament the 2020 budget, which also
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Newsletter 233 - 20/12/2019
ND intent on sticking with formula Govt pledges more tax cuts and strike legislation as 2020 budget is adopted The 2020 budget was approved by Parliament on Wednesday, marking a brief pause... the impact on public transport from strikes and work stoppages by employees. Although the budget only
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Newsletter 281 -22/01/2021
phase will need to be finalised in the summer and included in the 2022 budget, when the ministry... to redesign the budget after being forced to spend 6.5 billion euros of its 7.5 billion emergency allocation... the retail sector would save the budget 1.5 billion euros per month. Paring back the support
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Newsletter 354 - 07/10/2022
topped 13 billion euros, which is a considerable sum for the Greek budget and a sign of how Mitsotakis... disgruntled voters. It is also one of the reasons that the draft budget for 2023, which was tabled...-election.EconomyDraft budget tells clear fiscal storyThe draft budget for 2023 that was tabled in Parliament
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Here's why Greece's fiscal difficulties will dominate the agenda
EconomyProgrammeThe budget execution for January revealed a revenue shortfall of almost 1 billion euros, mainly reflecting... taxes or shortfall created by other revenue sources. The breakdown of the key budget items in the first half of the year, according to the 2015 budget, shows revenues in March will be lower than
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