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Greek stocks tumble, bond yields rise in wake of Tsipras speech
Economybelow the 800-point mark for the first time since February 2 and closed at 765.22, implying a drop... percent of total trading activity Bonds The prevailing negative sentiment was also evident
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Greece prepares set of proposals for bridging deal with eurozone
PoliticsGreek Politics(estimated cost at 756 million). 2) Restoration of the 13th pension (Christmas bonus) - equal to one...). This results in a total amount of 17.2 billion that has to be covered during the February-August
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Greece's extension proposals to the Eurogroup and what they mean
PoliticsGreek Politicsimpact of the crisis at a cost of 1.86 billion euros. But this is not explicitly stated 2... billion would be used to fund its 3-pillar programme with a total estimated cost of 11.36 billion
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Finance Ministry outlines plans for making savings, increasing revenues
EconomyProgramme. A large number of small tenders ultimately leads to large total expenditure, Mardas stressed... increase public revenues by 2 billion per year. The third intervention is more qualitative
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Greece sets out broad reform plan for lenders' approval
EconomyProgramme, public spending, social security reform, public administration and corruption. 2) Financial... account for more than half (56 percent) of total expenditure. The non-wage benefits will be reviewed
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Newsletter 17 - 27/02/2015
by 0.7 percent in 2014. In 2014, the Greek economy grew by 0.7 percent. 2 Turbulent months ahead Signs...’s 3.5 billion euros from the total of 7.2 billion in pending instalments. Schaeuble, meanwhile, has
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A breakdown of the fiscal and structural reforms Greece hopes will unlock funding
EconomyProgrammefor pensioners who receive the Social Solidarity Allowance (EKAS) (cost of 82 million) with a total negative... a longstanding demand from Greece’s lenders. 2) Blocking early retirements that undermine
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Updated Greek reform proposals see 2015 primary surplus reaching programme target 3 pct
EconomyProgramme(225 million). 2) Other public revenue mobilisation with anticipated revenues of 480 million in 2015.... On social security reforms, the MoF reiterates interventions with a total cost in excess of 1 billion euros
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Unpaid taxes ease to 1.16 bln in Feb, collections progress at stable rate
EconomyMacroeconomyof February - up by almost 2 billion euros in the year to date. The Finance Ministry has officially estimated that from the total outstanding tax debt, which involves more than 3.5 million taxpayers
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ECB's negative opinion on foreclosure bill creates another obstacle in bailout talks
EconomyProgrammenot exceed 50,000 euros (from 35,000 previously). 2) The total value of movable and immovable assets must
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