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The first cut is the deepest? Greek pension reforms in context
EconomyFeaturesin 2010-2012 kept the overall expenditure high, even as individual pensions were cut. After 2013, expenditure... cut by up to 40 percent” prior to 2015 is very misleading. More than ten pension cuts were implemented between 2010 and 2015, and even the lowest-paid pensioners had their packets cut by 14 percent
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Newsletter 96 - 18/11/2016
on the debt issue beyond what was set out in the May Eurogroup statement. Moreover... to the SSM that include a cut in the NPE stock of 37-38 percent, which corresponds to around 7.5 billion... in a financing capacity. Various policymakers in Berlin from the CDU-SPD grand coalition government argue
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Tsipras dismisses snap polls and new measures as review deal hangs in balance
PoliticsGreek Politicsthrough Parliament does not seem to tie in with what the institutions are reportedly set to propose..., such as the reduction in the tax-free threshold for personal incomes and a cut to existing pensions, but include... in a grand bargain with the lenders. The alternative, should such an agreement not be reached
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Speculation over polls heats up as parties battle over cost-of-living measures
PoliticsGreek Politicscould be set for late March/early April, allowing time for a second round in May. A second scenario... to commitments to cut income taxes, raise pensions and the minimum wage, and pay another support... of 50 basic goods. The controls are set to become mandatory for the largest retailers after
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Newsletter 357 - 04/11/2022
agents and businessmen to set up a spying ring that made use of the Predator spyware. The reports... of the year, and rather optimistically just one billion euros is set aside for next year, in hope... their electricity cut off due to unpaid bills, with Italy a close second. The loss of purchasing
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Why doesn't Tsipras just cut defence spending?
AgoraIt seems the easiest option for a left-wing party coming to power and needing to save money: cut defence spending. However, despite being under intense pressure from Greece’s lenders to find a way... as a structural measure that produces a permanent spending cut. One of the reasons that Tsipras chose
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ND struggles to gain traction on back of tax-cut pledges as voters’ trust remains low
PoliticsGreek Politicsannouncement of a major tax-cut package. Mitsotakis is due to chair a meeting of his cabinet on Tuesday, hours..., meaning that even the recent tax-cut package announced by the PM failed to make a discernible impact
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PM set to prolong coal use, sparking complaints about energy policy U-turn
PoliticsGreek Politicsminister was in western Macedonia to cut the ribbon on a giant photovoltaic project which, he said... commitment to remove coal from the energy mix on the ambitious schedule it set shortly after coming
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Newsletter 52 - 20/11/2015
passed the omnibus bill containing the last set of prior actions to unlock the next sub-tranche of 2... into the Unified Auxiliary Insurance Fund (ETEA). The first set of new pension measures would reportedly target... or included in the second set of prior actions. Harder and more painful, the second set of measures
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ND prepares first three bills for votes before Parliament's summer recess
PoliticsGreek Politics’s 158 MPs would vote, but what policy agenda the centre-right party would set out over the three-day debate. The government is set to bring three bills to Parliament by August 10, when the House... is also set to contain a provision for the scrapping of the so-called university "asylum" law, which
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