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Greek coalition sets out plans for public sector, wages and pensions
PoliticsGreek Politicstheir jobs. The government has yet to present any specific plans regarding the reopening of former... and unions rather than in one go. It is estimated some 300,000 Greeks earn the minimum wage. Instead... for pensioners earning less than 700 euros a month. It is estimated that these interventions will cost
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Greece seeks to finalise 1 pct of GDP in new tax measures to close review
EconomyMacroeconomyTsakalotos said that a new meeting was scheduled for Wednesday, but this is not confirmed yet.... levy on pay TV, with estimated revenues at 30 million per annum. A levy on internet connections may also be introduced. 9) Increase in the excise tax on natural gas, with estimated revenues of 25 million
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Newsletter 94 - 04/11/2016
yet be achieved. His words would have undoubtedly been encouraging for Tsipras, who was expected... is estimated at 0.5 percent of GDP. The World Bank’s proposals to eliminate tax credits are estimated... the tax credit to 1,600 euros (from its current 1,900 euros) with estimated savings of 1 billion euros
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Travel receipts up by 1 pct in Dec but balance in deficit of 27.9 mln
EconomyMacroeconomyand the receipts, the absolute figures displayed that Germany remained for yet another year the country... at the main Greek airports remained strong in January increasing by 30.2 percent. SETE estimates... updated estimates for 2015 tourist arrivals and revenues this week.
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Greek stock market loses 1.8 pct in week of mixed messages, Q1 results
Economy’ statements that an deal is not yet in sight. Also, there was the European Central Bank's decision... in line with market estimates. OPAP's Q1 results showed net profit reached 58 million up 16.9 percent... increased by 22.2 percent to 93 million with both figures also beating analysts’ estimates
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Newsletter 42 - 11/09/2015
which the European Union currently faces, Greece cannot afford to yet again venture towards self... with the official estimates of the institutions overseeing Greece’s adjustment programme. In addition... programme, the European Commission estimates (under its optimistic scenario) that bank the privatisation
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Pension reform to be one of new government's toughest challenges in next weeks
EconomyProgramme. Note though that the zero-deficit clause has not been implemented yet. 4) Freezing monthly... percent for supplementary pensions. The General Accounting Office (GAO) estimates this will result... will further lower their cost with preliminary estimates calling for a 15 percent average cut in existing
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Greece eyes first bond issue since 2014 to smooth out volatile relationship with markets
EconomyFeaturesthat is incorporated in the current bond prices. Although we are not there yet, a number... transaction, the next issue in July fell short of estimates as the total offers reached 3 billion euros, while the coupon stood at the high end of initial estimates. The Finance Ministry press release after
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Eurogroup marks end of cycle and squaring of circle for Greece
Agorastatistics.” It is again in Luxembourg on Thursday that Greece will be the main topic of yet another... estimates that without any prepayments of the official sector loans a cash buffer of 17 billion would cover..., the French proposed an automatic mechanism. Depending on growth outcomes versus estimates
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Amid market turbulence, Greece searches for scheme to help banks reduce bad loans
EconomyBankingare not available yet, this type of solution has been used by other countries that have faced banking... the bailout. According to rough estimates, the target of shifting 15 billion euros from the Greek banks... viability. Additionally, the estimates of the economic recovery hinge on a healthy banking sector
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