Giorgos Houliarakis
“Alexis Tsipras Institute” on the prospects of the Greek economy
Dealing with the issue of price inflation and the prospects of the Greek economy are the focus of the “Alexis Tsipras Institute” event currently taking place at the Municipal Theatre of Piraeus.
Cash reserve allowed for economic recovery
Giorgos Houliarakis was perhaps the most popular member of the SYRIZA government among his European Union peers. He was one of the very few people who focused on the real numbers of the economy and realistic data.
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Merits of Greece as important US ally subject of panel discussion
International affairs think-tank the Atlantic Council will be holding a discussion on "Greece as a Geostrategic Ally," which will be streamed on its website live from Washington DC at 5 p.m. local Greek time, the US Embassy has said.
Tsipras planning handouts ahead of May elections
Prime Minister Alexis Tsipras is planning a new package of handouts ready ahead of European Parliament and regional elections in May while his leftist SYRIZA and other parties are vying for the support of some 428,000 new voters who will be going to ballot boxes for the first time.
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GDP to continue its stagnant pace
The midterm fiscal plan the Finance Ministry is preparing for the 2020-23 period provides for low growth rates for Greece, leading to the conclusion that the country won't see its gross domestic product return to pre-crisis levels before another decade has passed.
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State dues over 2 billion euros instead of zero
The second deadline the government and its creditors had agreed on for the full repayment of the state's dues to third parties - the end of 2018 - went unmet.
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Patience of creditors seems to be wearing thin
European Commissioner for Economic and Financial Affairs Pierre Moscovici demonstrated on Monday that the post-program patience of Greece's creditors regarding Athens's delays and backtracking on points agreed has limits. Asked whether Greece will collect eurozone central banks' earnings from Greek bond holdings, he pointed to the compliance report on February 27.
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Court rulings could set off fiscal bomb
The government and its creditors can hear a fiscal bomb ticking, as estimates put the impact of possible court decisions on retroactive compensation for cuts to the incomes of civil servants and pensioners at as much as 29 billion euros.
The creditors have asked the government to explain its contingency plans during next week's visit by their inspectors.
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Rulings could set off fiscal bomb
The government and its creditors can hear a fiscal bomb ticking, as estimates put the impact of possible court decisions on retroactive compensation for cuts to the incomes of civil servants and pensioners at as much as 29 billion euros.
The creditors have asked the government to explain its contingency plans during next week's visit by their inspectors.
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State's debts head higher in October
The Greek state's debts to its suppliers keep rising, as it creates 2 euros in new debt for each euro it repays, according to data released on Wednesday by the State General Accounting Office.
The figures showed that the state paid off dues of 82.1 million euros in October, while creating 164 million euros of new debt.
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