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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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OECD adds to strong recovery forecasts, sees 6.7 pct growth this year and 4.8 pct in 2022
Economywith the Finance Ministry and other organisations, with investments jumping by 17.3 pct in 2022 and exports... and productivity”. The forecasts are broadly in line with the Finance Ministry’s latest estimates included... than double from the 2.1 pct of 2021, to 4.4 pct next year. Public finances will enter a recovery
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Mitsotakis unveils property tax reduction, searches for pre-election narrative
PoliticsGreek Politicsreview. Finance Minister Christos Staikouras has been stressing the need to keep public finances under.... The Finance Ministry has been working on the details of the revised ENFIA over the past few months
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Govt unveils new round of energy subsidies as fiscal space narrows significantly
PoliticsGreek Politicstheir energy costs. Also speaking on Wednesday morning, Finance Minister Christos Staikouras told... million euros. The finance minister did not completely rule out the government making further... finances. The fact that conservative officials are discussing this matter publicly every day, trying
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