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Newsletter 219 -13/09/2019
workers will be reduced from July 1 next year. Mitsotakis said the aim is to bring them down by 1... in those employed, bringing the total to 3.96 million. The number of long-term unemployed (over 1 year... in August, following a 1 percent rise in July. Greece’s Consumer Price Index (CPI) remained contracted
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Polls continue pointing to SYRIZA victory as new post-election scenarios emerge
PoliticsGreek Politics. Three surveys published over the weekend put SYRIZA between 3 and 5 percentage points ahead of New... 7.1 G Dawn 5.4 KKE 5.1 PASOK 4.2 Ind Grks 3 Papandreou 2.7 Others 6.3 #Greece — MacroPolis... Grks 3 Papandreou 2 DIMAR 1.5 Other 2 #Greece — MacroPolis (@MacroPolis_gr) January 18, 2015
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Far-right party banned, possibly reducing threshold for election majority
PoliticsGreek Politicsabove 3 pct in the opinion polls. This is the threshold that parties have to overcome in order... polled below 3 pct because the higher the combined percentage of small parties that fail to make.... However, if Ellines were to run and get more than 3 pct, possibly leading to seven parties making
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Greek 2013 primary surplus confirmed at 1.5 bln euros
Economydebt, 1 billion to reduce state arrears and 500 million would be given as a “social dividend... the reduction of social security contributions by 3.9 percentage points (2.9 for employers and 1 for employees), which will be effective from July 1. The MoF insisted on Wednesday that it could still meet
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Newsletter 170 -13/07/2018
to commit that the VAT rate will be raised from January 1, 2019 on Chios, Kos, Leros, Lesvos and Samos... rises by 1 pct in June Headline reading stays positive for third month of price rises The latest figure... Index (CPI) rose by 1 percent in June following an increase of 0.6 percent in May, Hellenic Statistical
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Newsletter 174 -14/09/2018
spending by 1 percent of GDP next year, as had been agreed and legislated last year. The Greek side... would receive before the end of the year around 1 billion euros in backpay. He also announced... rate of VAT from 24 to 22 percent in 2021, with the lower rate dropping 1 percentage point from 13
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Greece prepares for a 3-year benchmark bond issue
Economyreports earlier today indicated that the amount of the issue would reach 2.5 – 3 billion euros with the yield expected at 3 – 3.5 percent. This is the second bond transaction after the 3-billion-euro... of short-term maturities. The Greek government believes that GGB issues with 3- to 7-year maturities
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Loan rates rebounded in July, deposit rates continued heading south
EconomyMacroeconomyto the exceptionally high readings of the past 3 years, they remain 60-100 bps higher than those in other euro... rate rose by 19 bps reaching 3 percent. The rate in consumer loans displayed mixed trends. For loans... eased by 3 bps to 8.37 percent. Following the revision of corporate lending rates, they now stand
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Finance Ministry challenges SYRIZA's plans for economy, ups cost
Economy, particularly sources stemming from: settlement of unpaid taxes (with estimated revenues of 3 billion euros in the first year and 20 billion over a 7-year period), tackling tax evasion (3 billion), reallocation of the Hellenic Financial Stability Fund (HFSF) capital buffer (3 billion
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Greece's troika talks begin with apparent deal on 2015 surplus
EconomyProgrammeagreed on a primary surplus of 3 percent of GDP for 2015 without additional measures. This is higher...) target of 2.5 percent. But it is in line with the Economic Adjustment Program (EAP) target of 3..., however it will detail how the 3 percent surplus will be achieved in 2015. The ultimate target of 3
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