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1 – 10 of 61The economy is at a crossroads: high unemployment and increasing poverty are generating pressures for greater income transfers, but the delicate fiscal position is generating…
The Syriza government, trailing by a margin of around 10 percentage points (pp), has abandoned its commitment to creditors to reduce pensions and taxes in exchange for debt relief…
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DOI: 10.1108/OXAN-DB244435
ISSN: 2633-304X
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The impact of the pandemic and especially lower oil prices hit the government budget hard, since more than nine-tenths of revenue comes from oil sales. However, the country also…
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DOI: 10.1108/OXAN-DB261921
ISSN: 2633-304X
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The debate has been delayed by November 14 midterm elections. However, the budget has already been criticised both by the opposition, which considers the forecasts excessively…
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DOI: 10.1108/OXAN-DB265104
ISSN: 2633-304X
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In 2015 the economic downturn and the electoral calendar undermined provincial finances. The outlook is no better for 2016, forcing provincial governors to seek fresh funds. In…
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DOI: 10.1108/OXAN-DB210000
ISSN: 2633-304X
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The increase, the largest since 2002, comes despite low growth expectations and reflects concerns over rising inflation, with the Central Bank warning of a similar rate rise in…
The lifting of export taxes and the recession have already undermined the government's goal of reducing the fiscal deficit: in 2016 the primary deficit-to-GDP ratio will be even…
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DOI: 10.1108/OXAN-DB216585
ISSN: 2633-304X
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This follows the finalisation in October of a new electoral law introducing a higher degree of proportional representation (PR), and fraught parliamentary agreement on…
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DOI: 10.1108/OXAN-DB257969
ISSN: 2633-304X
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The second phase of the current bailout, extended until end-June, foresees a final installment of 7.2 billion euros (8.2 billion dollars) in exchange for fiscal and structural…
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DOI: 10.1108/OXAN-DB199435
ISSN: 2633-304X
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Geographic
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Moves to shore up the PPP infrastructure programme.