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Newsletter 493 - 06/02/2026
. The government has identified a compact set of articles it wants to open for revision rather than... and constitutionally” rather than through the foreign branch campuses the government authorised in 2024. Article 86.... If the proposing Parliament approves an article with fewer than 180 votes, the revising Parliament
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Greece and troika agree 2013 primary surplus will be just 500 mln - here's why
EconomyProgrammethan 0.27 percent of GDP. As much as the troika evaluates Greece's fiscal performance at the general... the backlog of previous years. The budget revenue numbers are also boosted by higher than expected... of less than a quarter of the allocated spend. The budget has also made an allocation of 1 billion
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How big is Greek fiscal gap? Will cuts be needed? Here's our Q&A
PoliticsGreek Politicsthan 500 million euros. Some reports in Greece have suggested that the Finance Ministry is preparing... increased by more than 400 million euros in the first half of the year. However, the issue of tax revenues... of recession and more than three years of austerity, during which household income has shrunk dramatically
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Fear and loathing in Athens: an ex-minister's take on troika reviews
PoliticsGreek Politicsand if the government has found a way to settle more than 500 million euros of state debts to the Athens... falling quicker than planned due to retirements, was solely aimed at breaking a “taboo”. “This demand..., employing more than 700,000 people, but that this number is on course to fall below 550,000 by 2015
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Fight against tax evasion yields results, reveals challenges
Societya shadow economy that is equivalent to more than a fifth of its GDP. It is sometimes claimed... of arrests for unpaid debts and suspected tax evasion. In 2012, more than 800 Greeks were arrested... for tax evasion rather than when he or she is convicted. Similarly, a draft law prepared in June
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October revenues reverse earlier shortfall, annual primary surplus in sight
Economy, mainly owed to higher revenues more than offsetting a hike in interest payments and Public Investment... line. The consistent bottom-line outperformance - by more than 4 billion euros to October - continues... in unpaid taxes by more than 600 million per month and b) expenditure deferral, particularly regarding
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Last man standing
Agoraon Sunday than during a John Ford western. Unfortunately, the level of debate was more suited to Blazing Saddles than The Searchers. Why Tsipras should choose to undermine himself in this way can only... governing parties or parties preparing to govern have to. The leftists, a party of less than 5
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Of symmetry and adjustments in the eurozone
Agoraa negative impact on the ability of households to generate demand, this would be more than compensated... because of Germany, of course) had a surplus of slightly more than 6 percent. Since... and Greece, and more than 40 percent in Italy. Fiscal consolidation in the periphery
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Cyprus in 2014: Looking ahead
Agorain 2014 if the bank that holds more than 50 percent of loans and deposits is severely exposed to ELA obligations. Most analysts seem to be optimistic about Cyprus due to the better than expected 2013 results, were GDP is expected to fall -5.5 to -6.5 percent rather than the expected -8.7 percent
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Greece in danger of repeating familiar mistakes with Golden Dawn
Agora. In the 2009 national elections, Golden Dawn gained less than 0.3 percent of the vote. In June 2012, 6.9... in the political system, this time on solid rather than ramshackle foundations. There can be no room... counterweight to neofascist Golden Dawn. In this environment, right-wing extremism is enabled rather than
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