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Samaras tax cut pledges aimed at MPs rather than voters
PoliticsGreek Politicswords were primarily aimed at MPs rather than voters. The only tangible announcement made by Samaras... tax would be 283 percent higher than in 2012, when it was raised from 60 to 330 euros per 1,000
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The Greeks deserved better than this
Agoraback down at the last minute, giving Tsipras a deal that would be better than the one he could get... by the International Monetary Fund) rejected more than half of nearly 8 billion euros in measures
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More than half of small businesses saw turnover dive by at least 50 pct due to capital controls
Economyin a sample of 1,005 very small and small companies. According to the survey, more than half of firms reported a drop in their turnover of more than 50 percent, with 32 percent indicating a decline
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EC study: VAT gap in Greece at 34 pct, more than double the EU average
Economyin 2012 remaining consistently more than double the EU average. The only three countries that have... the exemption gap was 37.1 percent higher than the EU average of 32.6 percent. A similar pattern
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Omnibus bill prompts no more than rumblings of discontent from coalition MPs
PoliticsGreek Politicsinstalments between October and February, rather than the six that were originally planned to start... Democracy rather than SYRIZA. Overall, the displeasure expressed by SYRIZA lawmakers appears to have been
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IMF far more pessimistic than eurozone on Greek debt, urges significant relief
EconomyProgrammethereafter up to 275 percent in 2060 mostly due the anticipated high cost of market financing more than... with weaker than expected policies resulting in lower primary surpluses of 1 percent of GDP
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Third review seen taking longer than Athens had hoped
PoliticsGreek Politicsis considered easier than previous inspections by the creditors. The official’s comment, though, indicates... stance on the Greek issue than the SPD and Merkel’s CDU and this may upset Greece’s hopes of seeing debt
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First bond of 2022 attracts fewer offers, more than double last year's yield at 1.83 pct
Economyover mid-swap. Market reaction was positive and by 11 CET the books had more than 11 billion euros... of 0.888 pct. More than 300 accounts were drawn in, dominated by real money. Hedge funds accounted
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Budget primary balance confirmed at deficit of 6.10 bln in June
EconomyMacroeconomyOn a monthly basis, net revenues came to 2.67 billion euros which was 1.19 billion euros lower than... budget total revenues stood at 21.26 billion euros, lower than the target by 3.50 billion or 14.1... or 26.1 percent. Stamp duties underperformed by 22 million (-21.3 percent) and car registration
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PM banks on firms bouncing back after lockdown as SYRIZA decries immunity for Covid panel
PoliticsGreek Politicstrying to get the experts to rubber stamp its policies rather than genuinely seeking their advice... to an 8.2% contraction last year. This figure was slightly lower than the 4.8% included in the 2020... much further than this and essentially provides blanket immunity. He suggested that the tweak
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