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Budget primary surplus confirmed at 2.91 bln in August
EconomyMacroeconomyeuros, higher than the target by 2.74 billion euros or 8.2 percent. A breakdown of revenues showed... to 2.98 billion euros in the aggregate period, higher than their target by 319 million euros. Compared..., and standing 6.5 percent higher than for the same time last year. Expenditure Primary expenditure
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SYRIZA targets broader appeal as ND focuses on next bills
PoliticsGreek Politics, rather than to be based around a narrower left-wing ideology. “SYRIZA is the large, progressive... much. The party currently has far fewer registered members than New Democracy and Tsipras aims... of power, rather than to be based around a narrower left-wing ideology. “SYRIZA is the large
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Newsletter 224 -18/10/2019
in the coming years are grimmer than previously thought. In the World Economic Outlook (WEO), published..., concerning amounts outstanding for tax. Of the total, more than 600,000 joined the scheme... faster than what the European Commission and the IMF estimates (2.2 percent). The PBO argues
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S&P raises Greek rating to 'BB-' on reduced fiscal risks, lifting of capital controls
Economygovernment debt represents less than 20 percent of total debt, or less than 40 percent of GDP. Additionally... is the portion of permanent jobs in the labour market as since 2018 and into 2019 more than half..., if reforms implementation stalls and economic growth is significantly lower than anticipated then the outlook
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Employment balance turns negative by 125,668 in October
EconomyMacroeconomyThe employment balance turned negative in October with 125,668 more firings than hirings, data from..., there were 5,581 more people fired than hired, making this the worst October on record. Total hirings..., where there were 45,050 more firings than hirings. This was followed by those aged 30-44
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Despite differing views IMF and EC see no immediate debt sustainability concerns
EconomyProgrammemore ambitious debt relief interventions than the eurozone lenders were willing to consider... programme from 3 months Euribor rates to fixed rates of 94 basis points. This involves more than 52.... This leads to a nominal GDP level that is 3 percent lower in 2028 than it was anticipated in March
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MPs gear up for action as To Potami calls it a day and PASOK wobbles
PoliticsGreek Politicsmore than those with low incomes and small properties. The 2020 budget includes 616 million euros... To Potami officially ceased to exist after more than two thirds of its members decided that the party... failed to capitalise on the fact that more than 200,000 people participated in the KINAL leadership
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Employment balance negative by 30,559 in November
EconomyMacroeconomyThe employment balance remained negative in November with 30,559 more firings than hirings, data..., there were 2,690 fewer people fired than hired. Total hirings came to 208,583 versus 239,142 departures... firings than hirings. This was followed by those aged 30-44 with a negative balance of 13,260, and those
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Spree of media deals puts spotlight back on ownership issues
SocietyUCITS, which are themselves subject to shareholder concentration rules, rather than to privately held... to be lower in Greece than in pretty much any country in the world. A 2018 Pew Research report found that fewer than one in five Greeks trusts the domestic news media to report political news fairly
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ND mulls next tax cuts as it prepares to unveil new electoral law
PoliticsGreek Politics. In fact, lower income tax rates are due to kick in from January 1. Individuals earning less than 20,000... cut to social security contributions in 2021, e.g. by 3 points rather than the 1.09 percentage points... reduction in 2022, rather than 2023 as previously planned. Another intervention on the cards
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