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PBO sees encouraging signs for economic and fiscal outlook
EconomyMacroeconomyThe Parliamentary Budget Office (PBO) struck a rather positive note in its latest quarterly report as several fiscal and macro fronts are moving in the right direction.
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New tax debt at 8.02 bln to Dec, down by 26.7 pct versus 2018
EconomyMacroeconomyThe month-on-month rise in Greece's new tax debt jumped by 1.06 billion euros in December, data from the Independent Authority of Public Revenues (IAPR) has shown.
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Piecemeal process likely in drive for more fiscal space
EconomyProgrammeIt is becoming increasingly clear that the Greek government will have to be patient in its bid to gain greater fiscal space, a move that would allow it to live up to its promise to voters of easing the tax burden.
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Lenders conclude 'productive' talks on fifth review but issues remain as Athens targets fiscal space
EconomyProgrammeThe fifth post-programme surveillance review was completed on Friday following three days of talks between the Greek authorities and the heads of the institutions in Athens that were preceded by a week of discussions with the technical teams during the previous week.
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Fitch raises Greece to 'BB,' two notches from investment grade, sees growth at 2.5 pct in 2020
EconomyFitch upgraded Greece’s credit rating on Friday by one notch to ‘BB’ and revised upwards its outlook to positive, bringing the country just two notches away from investment grade.
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Athens steps up drive for fiscal space as fifth post-MoU review continues
EconomyProgrammeMonday’s Eurogroup in Brussels will provide the first opportunity for the Greek government to sound out European officials regarding its efforts to create more fiscal space, while discussions will continue in Athens this week regarding the fifth enhanced surveillance review.
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PM trails switch in tax cuts, admits misstep in approach to migration
PoliticsGreek PoliticsThe interview Prime Minister Kyriakos Mitsotakis gave to Alpha TV on Thursday night was dominated by foreign policy issues but also included some new insight into the government’s fiscal plans for this year.
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Mitsotakis sets out economic goals for 2020 as govt vies for extra fiscal space
PoliticsGreek PoliticsSpeaking to business leaders on Monday, Prime Minister Kyriakos Mitsotakis set out his government’s economic priorities for the year, reiterating New Democracy’s determination to create more fiscal space for tax cuts, a move that will also depend on the acquiescence of Greece’s lenders.
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New tax debt at 6.95 bln to Nov, down by 28.2 pct YoY
EconomyMacroeconomyThe month-on-month rise in Greece's new tax debt came to 737 million euros in November, data from the Independent Authority of Public Revenues (IAPR) has shown.
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ND mulls next tax cuts as it prepares to unveil new electoral law
PoliticsGreek PoliticsThe year ends with the government considering how it will use any available fiscal space in 2020 to reduce taxes further.