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S&P keeps rating at 'B+' and highlights obstacles to competitiveness
Economyto grow on average by 2.8 percent in the 2019 to 2022 period on the back of stronger domestic demand... consumption is seen rising on the back of improved employment prospects, as well as the recent...-up demand by households, held back during the protracted recessionary period. S&P notes
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Confidence vote and relief measures expected after Easter break
PoliticsGreek PoliticsFollowing the Easter break, Greek politics is set to get back into full swing this week... not decided yet who they will back on May 26. A third of respondents said they will vote based on economic... democrats are on their way back. She also cited their victory in Finland’s elections as evidence
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Tsipras, Mitsotakis tone down personal attacks but intensify clash over policies
PoliticsGreek Politics. The result was overshadowed by Tsipras and Mitsotakis deciding on Friday to dial back slightly.... “In other words, he committed to taking workers back to the 18th century.” For SYRIZA, this was further... average Greeks. New Democracy hit back by claiming that the opposition leader was referring
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The Greek election's winners and losers
Agorarelatively young age for the standards of Greek politics, Tsipras’s aim is to get back into power... is not active in the same way as Golden Dawn, which has promised to go back to the streets and squares... chance of tempting these voters back. Greece’s new Parliament will sit for the first time in the coming
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Last-minute labour amendment, university asylum law fuel political row as third bill passes
PoliticsGreek Politicsa back door for some exorbitant pensions to be paid out following the 2016 reforms passed by SYRIZA... attempt to obscure the rolling back of labour regulations. There was also criticism for the ruling... to convince most of the opposition parties to back its revision to the university asylum law. The new
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Moody's holds on rating update stressing need for reform
EconomyMoody’s was expected to complete the latest round of ratings reviews for Greece after S&P in spring and Fitch earlier in August. However the rating agency held back from any action and did not update... approach for Greece. Back in September 2018, the agency held back from the expected update just as Greece
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Athens waits for credit rating upgrade as 10-year yield drops to new low
Economyin August. In fact, Moody’s held back from any rating review action. In its previous rating review... by 2.8 percent in the 2019 to 2022 period on the back of stronger domestic demand and strong exports... being entitled to back-pay for the period of its previous ruling in June 2015 and the Katrougalos law
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Newsletter 233 - 20/12/2019
is that it is rolling back the tax hikes of the crisis years and leaving more money in taxpayers’ pockets. New... the stoppage was caused by a protest against 21 administrative staff being moved back to metro stations to man... a scheme to attract back professionals who had left Greece as part of the so-called brain drain
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New pension system, lower primary surpluses among govt targets for 2020
PoliticsGreek Politicssee the start of the pilot trial at the Council of State which is expected to rule on back-pay... pension fund EFKA. The ruling will set the precedent for all back-pay claims, and is expected... believes that Greece’s improved growth and debt sustainability prospects will back up its argument
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Learning the lessons of Greece's toxic decade
Agorafor those who would bring their deposits back to Greece. His proposals were mocked across.... The issue came back to bite New Democracy in its first months in office. It had suggested in its election... came back to bite Mitsotakis when, contrary to expectations, France led a group of EU countries
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