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Tight schedule to approve multi-bill, tick off remaining milestones
EconomyProgrammeMPs are to begin debating on Monday the multi-bill containing draft legislation that will conclude some of the prior actions Greece has to wrap up to secure its next bailout sub-tranche of 2.8 billion euros. The omnibus bill was submitted to Parliament ...
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Tsipras in tight spot over debt deal but QE access may hold key to compromise
PoliticsGreek PoliticsThe Greek government seems intent on trying to forge a better deal with its lenders than the one proposed at the May 22 Eurogroup, with access to the European Central Bank’s QE scheme perhaps holding the key to an agreement at the next gathering of euro...
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SYRIZA in tight spot over strikes but poll deficit still closing
PoliticsGreek PoliticsThe imminent visit of Turkish President Recep Tayyip Erdogan means that the main focus of the Greek government for the rest of the week will be on foreign policy issues. This could represent a welcome break for Prime Minister Alexis Tsipras and his cabi...
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Tight schedule ahead for Athens and lenders in build-up to MoU exit
EconomyProgrammeThe Greek government has denied that Athens and the institutions are considering extending the third programme, which ends in August. The Finance Ministry responded to a report in Fileleftheros (Liberal) newspaper, which claimed that Greece and its cred...
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Govt in tight spot as opposition questions lockdown easing priorities
PoliticsGreek PoliticsThe mantra of “Easter in the village” seems unlikely to become a reality for Greeks next month, as comments from government and church officials suggest that travel between regions will not be allowed in time for Holy Week next week. With a series of ot...
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New medium term plan to 2028 sees tight fiscal path, moderate growth once RRF concludes
EconomyMacroeconomyThe Finance Ministry presented on Monday the latest Medium Term Fiscal Plan for the 2025-2028 after negotiations with Brussels within the context of the new SGP rules. The new fiscal framework in the eurozone is based on mutually agreed spending ceiling...
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Revenues continue beating targets in May, tight rein on spending remains
EconomyMacroeconomyThe budget primary balance ran a surplus of 5.35 billion euros up tp May, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday. The primary balance came in at 4.3 billion euros above the target. Expenditure...
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From pipe dreams to power cables: the changing map of Greece's energy ambitions
Agora“In the medium to long term, we aspire to be exporters of green energy, by harnessing... of the EU’s response to the Ukraine war. The country has now pivoted towards becoming a green energy... in the region into line with the European market liberalisation and green transition targets
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Pension reform to be one of new government's toughest challenges in next weeks
EconomyProgrammemillion pensioners stands at 2.35 billion euros, implying an average pension of 886 euros
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Budget primary surplus of 1.19 bln in Jan markedly better than target
EconomyMacroeconomyby 886 million due to lower primary expenditure (by 438 million) and PIB balance outperformance
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