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  1. Is VAT all you've got?

    Agora

    Grabbing a coffee for 20 cents less doesn’t really sound like the start of an economic recovery but who knows, maybe after this week’s decision to cut value added tax at restaurants and cafes, Greece..., introducing the tax reduction on August 1 for a trial period seems to undermine the aim

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  2. Two hurdles left for coalition this year before bigger challenges in 2014
    en_GB Photo by Harry van Versendaal

    PoliticsGreek Politics

    for homeowners to be protected from repossessions: 1) The taxable value of the property must not exceed 200,000... to 10 percent of their first 15,000 euros of income and 20 percent for anything they earn above

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  3. Bank of Greece decision bolsters Greek lenders’ capital ratios

    EconomyMacroeconomy

    In an unexpected move, the Bank of Greece (BoG) repealed a previous cap on the deferred tax asset (DTA) recognition in Greek banks’ Core Tier 1 (CT1) calculation, resulting in a positive impact.... The initial BoG Executive Committee Act (13 / March 28, 2013 had imposed a 20 percent threshold of CT1

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  4. Where Greek banks stand ahead of capital needs disclosure
    Photo by Harry van Versendaal

    Economy

    Deferred Tax Asset (DTA) in the Core Tier 1 (CT1) calculation (currently at 20%), the definition

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  5. Shortcomings in healthcare seen at forefront of austerity impact in Greece
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    users rose from in 2009 to 484 in 2012 (figure 1) and preliminary data for 2013 suggest... of child psychiatric services have been abandoned; and state funding for mental health decreased by 20

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  6. Greece lays out plans for debt relief from eurozone
    Photo by MacroPolis

    EconomyProgramme

    50 bps to 1 percent constant for the next 50 years could result in total savings of 25 billion... to also propose the deferral of interest payments on GLF loans for 10 or 20 years, similarly to those

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  7. Apartment prices fell 7.5 pct in Q1, down for the 21st successive quarter

    EconomyMacroeconomy

    of 20 percent – in each of the preceding five years with the exception of 2010 when... and a capital gains tax of 15 percent were introduced as of January 1, 2014. It should be pointed out

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  8. Alpha Bank acquires Citigroup's retail banking unit in Greece
    Photo by MacroPolis

    EconomyBanking

    management unit with assets under management of 2.1 billion, of which deposits amounted to 1 billion b) net loans, mainly credit card balances of 0.4 billion c) network of 20 branches with 730 employees

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  9. Greece raised lower than expected amount from 3-year bond issue, yield at the high end

    Economy

    ” The MoF statement also notes that total offers reached 3 billion euros, materially lower than the 20.... This would allow the disbursement of the next sub-tranche of 1 billion also paving the way for Greece

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  10. Parliament's budget office sees Greek recovery finely poised

    EconomyMacroeconomy

    the officially anticipated 0.6 percent, reaching 0.9 to 1 percent thanks largely to tourism... to those of the previous 20 years, when 45,000 new jobs were created each year. On Greek banks, the PBO

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