Παρασκευή 29 Μαρτίου 2024
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greek economy

Editorial To Vima: Fewer words, more work

The positive thing for Greece is that despite international uncertainty the markets are continuing to show trust in the prospects of the Greek economy.

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Editorial: TIF, handouts and economic growth

Since Mr. Mitsotakis has declared that he intends to meet creditors’ demand (to which Greece has signed on) for a 3.5 percent primary surplus over the next two years the fiscal space is exceptionally narrow.

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Editorial Ta Nea: Waves

The Brexit path toward the unknown does concern only the UK. BREIt is an economic event of such magnitude that it can affect the global economy.

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Editorial Ta Nea: Cycles

The government was forced to shut down banks and to impose capital controls, which was supposed to be a temporary measure.

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Editorial To Vima: The power of the self-evident

Now everyone can understand that the Elliniko investment, liberated from bureaucratic red tape and shackles, can move forward and offer the expected growth impetus to Attica and the entire country.

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Editorial Ta Nea: Salvation

What is needed is a comprehensive PPC salvation plan that can avert even the slightest possibility of collapse.

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Editorial: The great reform on txa invoices

The aim is to create a framework for the mandatory electronic submission of invoices and bookkeeping for all businesses and freelance professionals, as of 1 January, 2020.

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Editorial Ta Nea: Economic excellence

There is the basis of an economic recovery even as the banking system moves in the direction of an excellent clientele and of the competitiveness that the economy needs.

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Editorial Ta Nea: On transparency

The monitoring mechanism that the government intends to establish to ensure transparency should be welcomed as a step in the right direction.

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Editorial Ta Nea: Normalcy

Investors are not afraid that they will lose their money as was evidenced by the great demand for the seven-year bond.

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Editorial Ta Nea: Persuasion

The economy needs these tax cuts in order to achieve a high growth rate. Such relief measures are necessary in order to exit the crisis and for the economy not to fall into stagnation.

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Editorial Ta Nea: Opportunity

There is an expectation that there will not be a repeat of phenomena of extreme populism that deeply wounded the country, most notably with the extension of the crisis for an extra four years.

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Editorial Ta Nea: Enemies

A Hellenic Federation of Enterprises report says the middle class faced unprecedented over-taxation based on economic aims but political motives.

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WSJ profile outlines challenges for Mitsotakis, notes EU reaction to tax cuts uncertain

“The challenges for Mr. Mitsotakis, if elected, would include reforming a Greek state that has defied many attempted overhauls, convincing Germany and other lenders that his tax cuts will pay for themselves via better growth, and getting his own party to break with old habits of political patronage,” the report states.

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Editorial Ta Nea: Danger

The central banker’s assessment reminds one that the economy has not yet turned a page and that it has not been shielded from dangers.

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Over-taxation and the demise of the Greek middle class

'The Greek middle class suffered over the last years from high contributions. Tax policy is one of the main reasons for the drop in the government’s polling numbers,' Handelsblatt reported.

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Editorial Ta Nea: Comparisons

It is no coincidence that Portugal borrows with much lower interest rates than Greece, as the yield on ten-year bonds demonstrates.

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Bank of Greece Governor calls for bad bank for NPL’s, fiscal discipline

“Now that we have an improvement in the terms of borrowing for the Greek state, one should expect an improvement of the terms of borrowing for Greek banks.  We may now have fewer banks, but they are stronger and the future belongs to them,” Stournaras declared.

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Editorial Ta Nea: Changes

Citizens in the recent elections punished the government for its failure to deliver on the economy, and the reaction of markets is hardly encouraging.

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Editorial Ta Nea: At the push of a button

Over-taxation was a conscious choice of the government, which aimed to collect funds for electoral handouts at the end of its term.

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Editorial Ta Nea: Bombshells

Greece has enormous capabilities. Unfortunately they are not being exploited and the results are tragic, as evidenced in the brain drain and the shrinking of the population.

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Editorial Ta Nea: Restraint

Prime Minister Alexis Tsipras has depicted himself as the protector of the poor and vulnerable and his opponent as a monster out of the Book of Revelation

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Editorial To Vima: Ovidian Metamorphoses

The erstwhile enemy of the bailout memorandums ended up accepting the third and worst adjustment programme and said that he did so in the name remaining in the eurozone, which until then he had blamed for all of the country’s ills.

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Editorial Ta Nea: Rough landing

The reality is that all too many households in the country are still experiencing the harsh impact of the crisis.

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Editorial To Vima: Benefits with a view to elections

The cut in the VAT tax on food and restaurants and on electricity and gas bills as well as an annual bonus of half of a month’s pension annually for retirees is targeting a solid group of voters

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Editorial To Vima: The great mistake

Finance Minister Euclid Tsakalotos and Alternate Finance Minister Yorgos Houliarakis have conceded that over-taxation of the middle class was carried out by design.

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Editorial Ta Nea: Paying the piper

Greece is perhaps the only European country where political life literally paralyses before an election. The state lacks continuity and is managed in piecemeal fashion. The state machine freezes with a view to the upcoming political transition.

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Editorial To Vima: Mr. Tsipras’ twists and turns

In its early period SYRIZA’s cadres defended migrants’ rights and were battling the 1% of the world population that was exploiting the toil of the other 99%.

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Editorial Ta Nea: Rain

Instead of fixing the fiscal roof, the government is preoccupied with handing out benefits, providing arrangements for debt repayment, and offering a write-down on home loans

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Editorial: The annihilation of the middle class

According to the OECD, Greece and Hungary are the two European countries in which 70 percent of middle class households cannot afford unexpected expenses.

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Παρασκευή 29 Μαρτίου 2024