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The cat is out of the bag: Europe's politics is a mess
Agoradecide to fill this historic moment by waving around a picture of yourself stroking a cat..., it was when he wafted the printout of Larry, the Downing Street cat, in front of British MPs in his last... informed Lisbon that it faced sanctions for failing to bring its budget deficit into line. Spain faces
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Newsletter 82 - 15/07/2016
the current monthly limit for dismissals from 5 to 10 percent. Speaking in Parliament on Monday, the Bank.... In absolute terms, Eurosystem funding is at its lowest reading since December 2014. 2 The cat...? No, you decide to fill this historic moment by waving around a picture of yourself stroking a cat
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IMF sees 2020 GDP contraction at 10 pct, budget deficit at 9 pct due to virus impact
EconomyMacroeconomya double-digit toll on economic activity. The forecast on contraction for this year is at -10 pct.... The crisis is set to deal a major blow to the budget, leading a deficit of -9 pct of GDP this year... Minister Christos Staikouras accepted that recession this year could range from 5 to 10 pct, abandoning
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Cat and mouse: Greece and Schaeuble
AgoraOne of the things that makes children laugh at Tom and Jerry cartoons is the ingenious ways that Jerry finds to set Tom up. But the real punchline, and the most laughter, is generated by Tom’s inexplicable ability to fall for Jerry’s stunts all the time. In the game of cat and mouse between Greece
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The first cut is the deepest? Greek pension reforms in context
EconomyFeaturesby 2020, and 10 percent by 2070 as a result of the reforms. While some have questioned the use...’ pensions directly out of the budget rather than through a pension fund. State pensions amounted... a grant, and the state pension as a separate budget item has been all but eliminated. Pension levels
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Budget primary deficit to Oct confirmed at 7.18 bln, improving from 9.07 bln last year
EconomyMacroeconomyThe budget primary balance landed at a deficit of 7.18 billion euros up to October 2021, compared with a deficit of 9.07 billion in the same period last year, the final Finance Ministry (MoF) budget... budget by 185 million euros. Expenditure, excluding interest payments and the public investment
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General govt primary cash deficit of 7.46 bln in June, arrears drop by 10 mln
EconomyMacroeconomyagainst 1.24 billion euros last year. Overall, the state budget primary balance showed a fall of 9.33 billion euros, landing at a deficit of 7.46 billion euros. The budget primary balance for the same time... tax refund arrears) fell by 10 million compared to June and came to 2.46 billion. Month-on-month
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Greece's 2015 budget: A breakdown of all the key figures
EconomyMacroeconomyThe Greek Finance Ministry (MoF) tabled in Parliament the 2015 budget on Friday, with the headline... held with the heads of troika on Thursday, the budget does not have the troika’s approval... (1.8 percent of GDP), lower than the 2 percent incorporated in the draft budget and the 2.3 percent
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Budget for 2017 sees primary surplus at 2 pct on 2.6 bln fiscal measures, strong growth
EconomyMacroeconomyFinance Minister Euclid Tsakalotos tabled in Parliament on Monday afternoon the 2017 budget... were included in the draft budget that was tabled on October 3. Fiscal estimates The general..., is expected to reach 1.09 percent of GDP in 2016, higher than both the draft budget estimate of 0.63
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Primary surplus inches up to 2.9 pct in Greece's 2015 draft budget
Economyeuros. September’s budget execution is expected to be published after October 10. In his interview...Greece's 2015 draft budget to be tabled in Parliament on Monday will forecast a primary surplus... Investment Budget (PIB) revenues (+500 million euros), b) improved fiscal outcome stemming from local
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