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Government readies up to 2 bln in assistance for shuttered firms and employees
EconomyFinance Minister Christos Staikouras announced on Wednesday a second round of coronavirus-related support measures for the Greek economy, which will total roughly 2 billion euros. The measures..., Staikouras said. But he added that more measures would be put together in the future, according
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April budget primary balance shows deficit of 1.52 bln as state revenues miss target by 7.5 pct
EconomyMacroeconomy, that were initially due to arrive in April 2020, and in part from the impact of the measures... underperformed against the target by 399 million. This is due to the adoption of tax relief measures... percent. The MoF noted that this underperformance is due to the impact of measures taken to face
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Budget primary shows deficit of 5.86 bln in June, target shortfall widens to 6.18 bln
EconomyMacroeconomyof the coronavirus pandemic, which had manifested in previous months along with support measures... euros. The MoF said that this was due to the impact of measures taken to eliminate the negative effects... by 432 million euros which stems from measures applied to tackling the coronavirus outbreak. Interest
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Unemployment at 16.8 pct in Aug as inactives rise by 2.9 pct YoY
EconomyMacroeconomythat in light of the coronavirus pandemic and mass layoffs which resulted from lockdown measures, they were... the pandemic was lifted, specific regulatory measures were implemented regarding the operation... collection measures, and therefore monthly data was subject to revision when quarterly data was released
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Catering and entertainment businesses chafe at vaccination status rules
PoliticsGreek PoliticsBusinesses are reacting to the latest raft of Covid-19 measures announced by the Greek government... complain that the measures place an unfair burden on businesses by asking them to verify customers... measures could follow the pattern of anti-smoking laws, which have for years been resisted and ignored
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EC summer forecast sees growth edging up to 4.3 pct, driven by RRF
EconomyMacroeconomy. The Commission notes that as restrictive measures began to be relaxed in May, several sentiment indicators... on tourism, which is seen under the 2019 levels this year and in 2022. The emergency measures... an area of concern as support measures get phased out. This withdrawal needs to be carefully timed
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ELSTAT survey finds 2013 household budgets devastated, inequality persists
Societypercent posted in 2012. Austerity measures with further salary and pension cuts and tax hikes resulted... of 31.3 percent. The survey unveiled that the impact of austerity measures was less pronounced
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Greece's Parliament Budget Office sees lack of post-bailout plan
EconomyMacroeconomyby specific measures, timetables or explanations. The PBO says the government’s main aim must be to focus on growth through innovation and greater productivity. The panel says that some government measures
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Greece: Where did it all go wrong?
Agoraon its pledge to consider “certain debt reduction measures” even though a Greek primary surplus had... agreeing to the measures demanded by the troika. Cool heads did not prevail in New Democracy either
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Coalition wants to push own bills through as well as negotiate with lenders
PoliticsGreek Politicsand includes measures such as providing free healthcare to the uninsured. On December 23... new rules on the awarding of public contracts, strengthening the measures against fuel smuggling
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