2020 state budget revenue and spending up; draft tabled in Parliament The Greek government on Thursday tabled the 2020 draft budget in Parliament which envisages a GDP growth rate of 2.8 pct and a primary surplus of 3.6 pct in 2020, exceeding a target for a 3.5 pct primary surplus and putting the Greek economy on track for stronger growth.

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Greek 2020 draft budget 'compliant' with Stability and Growth Pact, EU Commission says Greece's 2020 draft budget plan is "compatible" with the Stability and Growth Pact, the European Commission said on Wednesday in a report presenting its opinion on the draft budgetary plans of all Eurozone member-states.

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Greek economy has positive dynamism, Fiscal Council report says The Greek economy has gained a positive dynamism with economic activity growing combined with the implementation of "prudent" fiscal policies, Hellenic Fiscal Council said in its autumn report released on Tuesday.

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PM Mitsotakis to regional directors: Absorption of EU funding must accelerate Prime Minister Kyriakos Mitsotakis met on Monday with Greece's 13 regional directors to discuss the faster absorption and utilization of NSRF funds and the migrant/refugee issue.

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Energy Min Hatzidakis: Up to 65 pct reduction on PPC night rates for households From 30 percent to 65 percent reductions to those that have very high electricity consumption foresees the draft law on PPC, said Energy and Environment Minister Kostis Hatzidakis to SKAI TV on Saturday.

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Greek economy remains on positive direction, Parliament's Budget Office report says The Greek economy continued moving in a positive direction in the third quarter of 2019, with growth rates maintained, unemployment falling and wages rising.  view more

Tourist exhibition 'Greek Panorama' opens at Zappeion Mansion on Friday The Zappeion Mansion in central Athens will be hosting the two-day alternative tourism and gastronomy exhibition 'Greek Panorama', which opens its doors to the public on Friday and Saturday. view more

Tsipras accuses gov't of planning irregular mass hirings at PPC The government plans mass hirings at the Public Power Corporation (PPC), SYRIZA leader Alexis Tsipras charged on Tuesday, irregularly and under "slave labor" conditions.

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EIB offers 140 million euros backing to expansion works in Piraeus Port The European Investment Bank (EIB) on Monday formally agreed to provide 140 million euros to support expansion and upgrading of the Port of Piraeus, the principal port of Greece.  view more

Recent credit rating upgrades confirm Greece is gradually closing investment-grade gap The recent upgrades in Greece's sovereign credit rating and positive prospects by Standard & Poor's (S&P) and DBRS has brought the country closer to investment-grade normalcy compared to other Eurozone countries.

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