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.
'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.
The PM is arguing that only SYRIZA can ensure growth combined with a strong social welfare net, which he claims New Democracy leader Kyriakos Mistotakis will dismantle.
Turkey may consider that this period is opportune for it to impose its views on the delimitation of Greece’s territorial waters and continental shelf.
Citizens were left speechless by the transfers of RULING PARTY politicians’ daughters and other relatives into cozy, well-paid Parliament jobs
The government kept Parliament open a bit longer to set up an unprecedented operation of unabashedly passing into law various patronage measures.
In terms of voter intention of those who declared they have decided which party they will vote for, the spread between SYRIZA and New Democracy is 7.7 percentage points
Mitsotakis is running as the man who can re-unite a country deeply divided by the polarising strategy of a ruthless tactician.
He suddenly discovered extreme, conservative circles in Brussels and in the old regime in Greece which allegedly dream of a return to austerity and bailout memorandums.
SYRIZA has set up a cottage industry of patronage appointments in Parliament and elsewhere to benefit relatives, friends, and buddies.
'The result of the European election whetted the appetite of the political establishment in Greece and of extreme, conservative circles in Brussels which want to dispute our central political choices and hinder our plan,' the PM said.
The original version of the provision as tabled by the government (after lengthy inter-party consultations and consensus) stipulated that only rape with a threat to life or of physical harm was a felony.
It is no coincidence that Portugal borrows with much lower interest rates than Greece, as the yield on ten-year bonds demonstrates.
The cost of the package of measures announced by the PM is between 1.1 and 1.4 percent of GDP annually, which could exceed five billion euros over two years.
“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.
The report underlines that in general there has been an unwelcome fiscal loosening in implementing reforms agreed to with Greece’s creditors and European partners over the last several months
Citizens in the recent elections punished the government for its failure to deliver on the economy, and the reaction of markets is hardly encouraging.
SYRIZA wants to secure future employment for as many associates of ministers and party cadres as it can.
'Mr. Mitsotakis very consciously over the last year-and-a-half opted for this new mode of communication with citizens. Instead of rallies ND organised many thematic events with a smaller audience,' a party official said.
The stock market party is a reaction to the result of the 26 May European Parliament election as New Democracy won the contest by an unexpectedly large margin, the financial daily opines.
The party that was trounced in recent elections and any political party that aspires to govern should know that citizens are no longer willing to issue blank checks.
SYRIZA’s self-proclaimed moral advantage, its promise of a renewal in Greek politics, and its putative social sensitivities were judged and renounced in an explosive manner.
It is considered the biggest revamping of the criminal code in 70 years and the aim is to establish updated crime-fighting provisions along with strong guarantees of rights .
The credit rating agency projected that the recent improved climate will lead to a hike in deposits, a gradual reduction of non-performing loans (NPLs), and improved prospects for profit.
Poll on the 7 July general election had the ruling party trailing ND by nine percentage points, nearly the identical spred as in the 26 May European Parliament election.
It is clear that in the two rounds of regional and mayoral elections the question voters answered was, ‘Yes or no to the government?’
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