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Draft budget sets ambitious growth target of 2.8 pct in 2020, plugs fiscal gaps
Economypercent, and the lower social security contributions of full-time employees by approximately one... for the fiscal gap and achieve the committed surplus target, hoping to get the sign off from the official... growth in private consumption is very optimistic, provided that the latest available data for 2019 point
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Newsletter 238 -07/02/2020
Scheme (APS), known as Hercules, which is expected to let them lift a significant amount of bad loans off... of growth was in line with that seen one year ago. To meet growing demand, firms increased... percent, staying at very similar rates to the previous month. The average interest rate on overnight
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ECB makes Greece eligible for up to 12 bln in bond purchases amid market frenzy
Economypct ceiling during Wednesday’s trading as investors went into a complete risk-off mode following... of the new 15-year bond that attracted strong demand and a very competitive yield. The pain over the last... to upgrade Greece in January to ‘BB’, just two notches from investment grade. S&P is one notch behind
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PM joins forces with some eurozone partners to lobby for "corona-bond"
PoliticsGreek Politicssupported the idea of a one-off issue. Countries from the eurozone’s north rejected the proposal..., benefit from a tail-wind domestically, given the very vocal calls for a joint fiscal response
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Newsletter 255 -26/06/2020
percent, it does underline that many Greek businesses will have to weather at least two very difficult... their tax pre-payment returned. This is one of the measures the government has adopted to help... percent and almost no new bookings. Banks are preparing to head off a new wave of defaults from
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PM eyes pre-election prize as enhanced surveillance draws to conclusion
PoliticsGreek Politicsin a brief address that exiting the enhanced surveillance regime was one of three goals New Democracy had... has to some extent been unable to shake off the negativity surrounding its haphazard handling... since 2018 contrasts very favourably with SYRIZA’s. Perhaps, the exit from post-programme monitoring
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Mitsotakis turns to 2015 contrast again as MEPs give PM bumpy ride
PoliticsGreek Politicsin 2015 – his speech to the European Parliament on Tuesday did not pass off as smoothly as he would... of the landscape in Greece and that the vast majority of outlets are very supportive of ND and the premier... indicate that New Democracy would benefit from a surge in support, but not necessarily one
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Blinken visit highlights Greece's growing role as key regional partner
PoliticsForeign Policypartner, and an energy hub is paying off. The fourth round of the Strategic Dialogue held in February... to invest in Greece’s very significant move toward renewables”. For the US, Greece occupies... throughout Greece, making the country one of the most important allies in NATO’s southern flank, especially
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Newsletter 379 - 05/05/2023
longer term plans to bring key utilities and at least one bank under direct state control, increase... elections after the Tempe accident appears to be paying off. The ruling New Democracy party appears.... Even if ND comes just short of this target it will be in a very strong position to negotiate
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Kasselakis returns as SYRIZA squabble turns into full-blown infighting
PoliticsGreek Politicsstepped in directly to the row that has broken out since she lost the run-off vote to become party leader... Kasselakis appointed as the party’s coordinator and is one of the new leader’s closest advisors... in the local media and gives voters the impression that the main opposition party is a very long way
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