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Govt counts cost of own energy package as hopes of coordinated EU response fade
PoliticsGreek Politics. The total cost is estimated at 5 billion euros, 2.5 billion for each phase. Funding for 2022 will combine... an immediate embargo on Russian oil, asking for such a measure to be delayed until autumn or winter..., are in favour of a staged oil embargo. Political pressure The government is sticking to the narrative
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Greece working on plan for multilateral talks in East Med
PoliticsForeign Policyin the proposal are Greece, Cyprus, Turkey, Egypt and Libya. The conference does not include Israel... to be Ankara’s refusal to participate in any forum that excludes Turkish Cypriots, while Libya... from Libya to represent both factions. Whether conditions on the ground make this feasible remains
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Greece's public healthcare in a muddled and troubled state
EconomyFeaturesmodern and carried out for medically unsound reasons) while antibiotics continue to be over-dispensed... percent in 2014 to 59.7 percent in participation of the public sector in the total funding on health expenditure was observed. Conversely the participation of private sector in the total funding
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General gov't primary cash surplus markedly better in July but arrears climb
EconomyMacroeconomyto the total fiscal outcome. Local governments showed a small cash surplus of 49 million from 273... deterioration posting a deficit of 395 million in the 7-month period compared to a surplus of 812 million... million (117 million in July) to 2.46 billion euros making up around 43 percent of total. State budget
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Newsletter 236 -24/01/2020
by broadening the tax base, the total abolition of the solidarity levy in 2021 would cost 1.16 billion euros... and the subsequent furor over Greece’s exclusion from the Berlin Conference on Libya, much... be taken for granted. “Greece is underspending on investment, so we need to see whether
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Overdue contributions rise at accelerating pace of 615 mln in Q4, stock climbs to 17.54 bln
EconomyMacroeconomy) to 615 million euros in the fourth quarter (Q4) of 2016, from 310 million in the previous quarter.... The released figures show that out of the total overdue stock of 17.54 billion euros, 12.62 billion (72 percent of total) involve main SSC debt and the remaining 4.92 billion surcharges and penalties
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Territorial waters, hydrocarbon research cause friction between Athens and Ankara
PoliticsForeign Policyto try to convince them that Greece is set to snatch 40,000 square kilometres from Libya's continental shelf. Akar also claimed that Turkey and Libya almost have neighbouring sea borders (EEZ or continental shelf). The signs are that Turkey is seeking a more active role in Libya. Akar's statements
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Fight against tax evasion yields results, reveals challenges
Societybe seized. For example, Greece’s 1,500 biggest tax debtors owe a combined total of 13 billion euros... a modern, efficient tax administration. It is not yet clear, though, if the country’s political...’s tax administration was taken this January when the government appointed a general secretary
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For better or worse: Greece's bailout exit deja vu
Agorato the eurozone and the International Monetary Fund disbursing almost 10 billion euros in total. The European... that New Democracy and PASOK refuse to accept the end of the most tumultuous and costly period in modern... of the fiscal adjustment has already taken place, more remains to be done to achieve the targets
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More changes needed to unlock private sector's potential, report says
EconomyFeatures- and knowledge-intensive sectors in the total economic output has risen slightly, and the share of fast... that Greece lacks social a modern social security system that meets European standards and includes... in R&D are identified as other practical steps that can be taken by Greece. “For Greece as a whole
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