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More fiscal space emerges for new energy relief package as parties jostle for support
PoliticsGreek Politicsare lower than in many other countries. It is clear, though, that ND feels it needs to fire another... that New Democracy is aiming for a clear majority at the next elections but is open to the prospect... a supplementary budget allowing a 2-billion-euro increase in spending this year. It is estimated that just
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Pension rises approved as public opinion teeters ahead of election year
PoliticsGreek Politicsnot be enough for the ruling centre-right party to gain a clear majority, even in a second ballot under... not yet have a clear majority in its grasp but that if support solidifies around the main parties... against any pension rises. Nevertheless, it is estimated that just over 1.7 million pensioners
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Mitsotakis makes direct play for PASOK voters as SYRIZA questions opinion polls
PoliticsGreek Politicsregarding what they would like to see happen if no clear winner emerges on May 21. PASOK should... PASOK voters directly in a clear attempt to undermine the leadership of Nikos Androulakis... could alter the behaviour of voters. Tsipras called on the estimated 440,000 new voters who tend
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Government dampens expectations for handouts in PM's speech
PoliticsGreek Politics, which is a major drag on the economy and day-to-day life. It is not clear what has prompted government... semester. It is not clear if this has had an impact on the government’s plans. Also, Mitsotakis and his... in. According to Ta Nea, next year’s pension rises are estimated at 4.2 pct, though 700,000 pensioners
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Newsletter 423 - 17/05/2024
Kyriakos Velopoulos made his party’s position clear by dramatically tearing up the text... of the agreement had been clear from the outset, and that he had warned the government in Skopje... in Athens. He spoke at an indoor arena for about an hour to an estimated 6,000 Albanians living
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New Democracy considers adjusting course after losses to right and centre
PoliticsGreek Politicsthe parliamentary team and reconsider the direction of the party. It is clear that both courses... right wing have tried to make the case for a steer to the right, it is not clear that Mitsotakis... account for an estimated 10.5 pct of the conservatives’ losses. Overall, ND retained the lead among
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The "King of the North" seeking to heal a fractured kingdom
Agorain Greater Manchester partly because the region has strong institutions, stable leadership and a clear sense... but still light on detail. He has yet to set out clear costings or explain how these ideas would work... splintered the electorate. Labour and the Conservatives together won just 36% of the estimated national vote
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Newsletter 286 - 26/02/2021
Mitsotakis doused those hopes on Wednesday, when he made it clear that the epidemiological data does.... On a positive note, the impact of the RRF is yet to be factored in in any growth estimates. Fiscally... restrictions remain in place since November. The Commission estimates support initiatives in 2021
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IMF sees Greek debt above 200 pct of GDP in 2016, at 182 pct in 2020
Economyis among the key reasons for a significant rise in the IMF’s gross debt estimate by almost 20 percentage... on Greece, the IMF published on Wednesday its updated fiscal estimates in the October Fiscal Monitor... the institutions’ estimates. The Fund sees a primary surplus of 1.75 percent in 2017 and 3.5 percent from 2018
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Latest IMF estimates see growth of 2.3 pct, return of permanent primary surpluses
EconomyMacroeconomyThe IMF spring meetings produced some good news for Greece via the World Economic Outlook and Fiscal Monitor. The IMF revised upwards its growth estimates for 2023, which is now seen higher at 2.6 pct in 2023, from 1.8 pct in the WEO of last October. Although it has not been officially published
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