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  1. Piraeus port privatisation moves a step closer
    Photo by Harry van Versendaal

    EconomyBanking

    . The agreement, which has been effective from October 1, 2009, involved the management of OLP’s Piers II... operator - could purchase a share of around 20 percent. The remaining 29 percent would be free floated

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  2. Eurobank sells insurance arm to Fairfax for 316 mln
    Photo by MacroPolis

    EconomyBanking

    the transaction, Eurobank will retain a 20 percent stake in Eurolife. The cash consideration for the 80 percent stake sale stands at 316 million euros and is estimated to improve Eurobank’s Common Equity Tier 1

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  3. Addressing some misconceptions about Greek budget revenues and unpaid taxes

    Agora

    38.4 billion euros in the 11-month period. This means they exceeded their target 1 percent or 393.... This corresponds to 20 percent of ENFIA that was due but not paid. Effective new tax debt Since

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  4. Gov't hits back as pension reform row heats up
    Photo by MacroPolis

    EconomyProgramme

    of the government’s unofficial statement: 1) Any comparison of the new pension levels with those included... and up to 20 insured years, which indicate that new pensions will be higher by up to 5 percent vis-à

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  5. Newsletter 57 - 08/01/2016

    Newsletters

    that they should have been adjusted in May 2015. For most areas, the adjustment will result in a 10–20 percent... equivalent to 1 percent of GDP is expected to be the most complicated part of the first review

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  6. S&P upgrades Greece’s rating by one notch, sees compromise on pension reform by March

    Economy

    growth of 3 percent per annum in 2017-19. For 2016 in particular, the key drags to GDP involve: 1) Banks... proceeds of 20 billion. A successful completion of the programme review could allow Greek government

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  7. Deadline for liberalisation of household and SME NPLs looms closer

    Economy

    for the disbursement of the last sub-tranche of 1 billion euros. Until February 15 only NPL sales of large... billion relate to primary residences. In addition, SME and sole-proprietors’ NPEs stand at around 20

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  8. Gov't proposes easing impact of pension reforms on self-employed for three years

    Economy

    , which is reduced by 1 percentage point for incremental income of 1,000 euros. Thus, for annual... in the government’s pension plan relates to their link with the declared net income applying a rate of 20 percent

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  9. Newsletter 63 - 19/02/2016

    Newsletters

    (May 1). Regarding pension reform, signs of a potential compromise on the domestic front emerged... Asset Development Fund (HRADF) on January 20, the Chinese company was declared on Wednesday

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  10. Travel receipts grow 12.2 pct in Dec, surplus rises to 12.17 bln in 2015
    Photo by MacroPolis

    EconomyMacroeconomy

    countries eased 1 percent and those from other countries surged 31.5 percent. Arrivals from the US... by inbound traveller flow from the UK (+24.7 percent), France (+24.2 percent) and Germany (+20 percent

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