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Despite differing views IMF and EC see no immediate debt sustainability concerns
EconomyProgrammemore ambitious debt relief interventions than the eurozone lenders were willing to consider... programme from 3 months Euribor rates to fixed rates of 94 basis points. This involves more than 52.... This leads to a nominal GDP level that is 3 percent lower in 2028 than it was anticipated in March
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MPs gear up for action as To Potami calls it a day and PASOK wobbles
PoliticsGreek Politicsmore than those with low incomes and small properties. The 2020 budget includes 616 million euros... To Potami officially ceased to exist after more than two thirds of its members decided that the party... failed to capitalise on the fact that more than 200,000 people participated in the KINAL leadership
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Employment balance negative by 30,559 in November
EconomyMacroeconomyThe employment balance remained negative in November with 30,559 more firings than hirings, data..., there were 2,690 fewer people fired than hired. Total hirings came to 208,583 versus 239,142 departures... firings than hirings. This was followed by those aged 30-44 with a negative balance of 13,260, and those
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Spree of media deals puts spotlight back on ownership issues
SocietyUCITS, which are themselves subject to shareholder concentration rules, rather than to privately held... to be lower in Greece than in pretty much any country in the world. A 2018 Pew Research report found that fewer than one in five Greeks trusts the domestic news media to report political news fairly
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ND mulls next tax cuts as it prepares to unveil new electoral law
PoliticsGreek Politics. In fact, lower income tax rates are due to kick in from January 1. Individuals earning less than 20,000... cut to social security contributions in 2021, e.g. by 3 points rather than the 1.09 percentage points... reduction in 2022, rather than 2023 as previously planned. Another intervention on the cards
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Employment balance negative by 3,666 in December
EconomyMacroeconomyThe employment balance remained negative in December with 3,666 more firings than hirings, data..., there were 9,636 fewer people hired than fired. December marks the third continuous month of a negative... negative balance was seen in those aged 45-64 years, where there were 8,250 more firings than hirings
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ND's electoral bill put before MPs as PM mulls options for president
PoliticsGreek Politicsclinch a qualified majority of more than 200 out of 300 MPs so that the new electoral law could apply... not have a majority and could need more than one coalition partner to form a government. This means... in May 2012 did the winning party win less than 25 percent of the vote, when New Democracy gained
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PM trails switch in tax cuts, admits misstep in approach to migration
PoliticsGreek Politicsthat reducing social security contributions faster than planned would be more useful for businesses. According... the expulsion of arrivals who are economic migrants rather than refugees. “We have no obligation to accept... to envisage last summer, rather than to address any other failings on ND’s part. “If I knew six
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Poll shows support for ND in several policy areas as pension bill debate heats up
PoliticsGreek Politicsand freelancers would have to pay under the new system would be higher than under the scheme... than the current 60 percent, someone who is insured for one job will not have to pay a second set... on 4 pct. More than half (51 to 56 pct) of the respondents were pleased with the government’s
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Newsletter 237 -31/01/2020
for the ruling centre-right party stands at 37.1 pct, with SYRIZA on 22 pct. More than half (51 to 56 pct... of the Republic. At the recent ND congress, Samaras took a much harder line than Mitsotakis and figures loyal... but which went sour during the crisis will also need to be settled as banks are claiming more than 2
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