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Bank tax proposal spearheads PASOK attack on government's economic policy
Economyand lending rates, without making any legislative interventions. PASOK’s proposal, which was tabled... system and instead are being exploited through high charges, low rates on deposits, a wide interest... across the sector, which favours their business decision to keep rates on deposits low as they do
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Cost of Greek corporate loans rises in April, remains well above euro average
EconomyMacroeconomy(the difference between the average loan and deposit rates) has widened to 4.13 percent from 3.70..., where rates rose by more than 100 bps month on month to 6.64 percent. This specific category shows the most volatile performance, with interest rates moving significantly up or down each month
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Programme review talks continue, progress on tax, pensions and NPLs at a premium
EconomyProgrammerelates to the solidarity levy rates, which currently range between 1.4 percent and 8 percent, starting... euros (4.3 percent of GDP) from the following interventions: 1) Increase in the solidarity levy rates (314 million) 2) Increase in the tax rates on income from rents (142 million) 3) Increase in the tax
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IMF sets out stall ahead of crucial Eurogroup by proposing immediate debt relief
EconomyProgrammewould benefit from low ESM interest rates for a longer period. 3) Fixed interest rate for an extended period not exceeding 1.5 percent until 2040 by locking rates for EFSF and ESM loans at the current long-term market rates and eliminating the spreads currently applied on GLF loans. The report notes
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Where is Odysseus? Part 3 - Participation
Agorafemale PRs in the EU27). It is difficult to make a normative case for participation rates: a higher...! How can Greek workers working less (lower participation rates) be reconciled with Greek workers... such a big boom in the scenarios. There is no problem with a variety of participation rates
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Who pays property tax and how much revealed by Greek authorities
EconomyMacroeconomyinto who paid the levy. The total ENFIA due in 2016 amounts to 3.18 billion euros and stands 2.2...) of 2016 ENFIA stems from 7.37 million individuals that would have to pay a total amount of 2.71... are due to pay a total of 466.8 million euros this year, up by almost 10 percent from last year’s figure
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Proposed VAT overhaul a stepping stone towards agreement with lenders?
EconomyProgrammecurrently two main VAT rates at 13 and 23 percent and a lower rate of 6.5 percent for hotel... (excluding Crete) enjoy rates that are reduced by 30 percent and currently stand at 16, 9 and 5 percent... and services, replacing the current 13 and 23 percent rates. In case, customers use their credit or debit
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Time deposit rate falls to record low of 0.71 pct, loan rate drops to 4.83 pct
EconomyMacroeconomypercent, which is also the lowest since 2002. Loans The interest rates for corporate loans with a fixed... million euros. Following the downward trend in November, the corporate loan rates in the Greek market stand more than 250 bps above the euro area average rates. In the household lending sector
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Study finds contrasting trends in Greek health during crisis
Society, especially depression. However, there has been no increase in the murder rates. While deaths from... found that between 2010 and 2015 Greece continued to record a downward trend in the mortality rates... benefited more from these developments, while there have been no changes in mortality rates for people
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Parliamentary report highlights demographics challenge and urges immediate action
Societypress as concern grows over how falling fertility rates will shape the country’s economic and social... had a fertility rate of 2.45 children per woman. From 1981 onwards, fertility rates started to slip... was noted with a slight rise in fertility rates to around 1.5 children. However, this increase came
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