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2014 draft budget: An ambitious fiscal consolidation targeting a primary surplus of 1.6 pct
EconomyMacroeconomyThe Ministry of Finance (MoF) tabled the 2014 draft budget to the Greek parliament on Monday with headline figures confirming recent press reports. As was broadly expected, 2014 will be another year... a press briefing on the 2014 draft budget on Monday, Alternate Finance Minister Christos Staikouras
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How Greek banks could cut 2014 financing gap with a bond rollover
EconomyIn an interview with Naftemporiki daily on October 14, Greek Finance Minister Yannis Stournaras identified two key sources that could reduce – if not eliminate – the emerging funding gap as of July... meetings. On the contrary, the first solution proposed by the Greek Finance Ministry - rolling over
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When will Greek banks operate as credit institutions again?
Agora, to finance. Credit crunch and disconnecting from financial services The severity of credit... be used · To finance the ‘real economy’; · Maintain an annual growth rate of 3-4 per cent of overall
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With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP
EconomyMacroeconomyThe Finance Ministry tabled on Thursday the 2014 budget to Parliament without the final approval of the troika since discussions between the two sides on next year’s fiscal gap and other matters have... of Finance (MoF) forecasts the unemployment rate, not comparable with ELSTAT data (last figure at 27.3
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After Merkel, Samaras faces immediate challenges on domestic front
PoliticsGreek Politics, despite German Finance Minister Wolfgang Schaeuble suggesting before the German elections that further... to Mega TV on Monday night, Finance Minister Yannis Stournaras was confident a deal could be struck
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Support finely balanced as coalition enters make or break December
PoliticsGreek Politicsthat in an interview with Sunday’s To Vima newspaper, Finance Minister Yannis Stournaras defended the new... reminiscent of the Greek left than the technocratic finance minister and the coalition he serves
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Debt relief or debt restructuring for Greece?
Agoraelections in Germany. They were articulated by Chancellor Angela Merkel and her Finance Minister.... Equally, it would constitute gross negligence, if the Ministry of Finance was not aware
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Primary budget surplus in Nov at 1.2bln euros, 2013 target in reach
EconomyGreece’s budget execution to November showed a primary surplus of 1.21 billion euros from a deficit of 1.42 billion last year, according to the preliminary data released by the Ministry of Finance... of discussions on December 11, sources from the Finance and Development ministries told reporters
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PASOK and DIMAR head for do-or-die moment
PoliticsGreek Politicsdue to the fact that former Finance Minister Filippos Sachinidis was one of the deputies who signed the request. The 50-year-old served for a while as Venizelos’s deputy at the Finance Ministry, when
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The EU, the troika inquiry and the big disconnect
Agorathe main decision-making vehicle. German Finance Minister Wolfgang Schaeuble argued recently... by their finance minister. A carbon copy response was given by German Foreign Minister Frank-Walter
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