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What is in SYRIZA's 3-pillar programme to overcome the crisis?
Economyinterventions involve: 1) Subsidized meals for 300,000 poor families (estimated cost at 756 million). 2...) and reintroduction of the “socially just” taxation on large properties, with an estimated cost of 2... that would be used to apply the large property tax. 2) Restoration of the tax-free threshold (currently
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Newsletter 30 - 12/06/2015
six readings have all been above the 2 percent- mark. There was a 12.1 percent MoM drop in clothing.... The last six readings have all been above the 2 percent- mark 2 Government stretches to limit Questions... on some issues, such as lower fiscal targets for the next few years (1 percent of GDP for 2015, 2
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Greece's updated proposals to lenders and how they compare to previous efforts
EconomyProgramme60 million in 2015 and 300 million in 2016 from 71 million for 2016 in the previous proposal. 2... (from 600 million previously) 2) Increase in the corporate income tax by 3pp to 29 percent...: New 1) Cut in defence spending by 200 million in 2016 2) Licenses to 4G and 5G for mobile
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EU makes dramatic revision to economic forecasts, sees recession of 2-4 pct this year
Economyits GDP forecasts, which now point to a recession of 2 (in the baseline scenario) to 4 percent... balance of 1 to 0.5 percent in 2016 and a primary surplus of 2.25 to 2 percent in 2016. However... recapitalization of 25 billion 2) Debt amortization of 33.8 billion, which increases to 35.9 billion including
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No time for Tsipras to celebrate as long list of tasks means pressure is on from start
EconomyProgrammeintegrating into the ITC the solidarity levy as of 2016. 2) Identify all business income tax... the restoration of basic and supplementary pensions to their 2012 levels. 2) The gradual phasing out..., diagnostics and private clinics. 2) Publish a price bulletin to reduce pharmaceutical prices
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Newsletter 44 - 25/09/2015
for a milder recession in 2015 of between 1.5 and 2 percent, compared to the official forecast of 2.3 percent... is the main reason for the surplus increase. 2 Repetition with little clarity Stability will be hard.... Candidates have to submit their applications by 2 October, but the tension will build until the vote
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Newsletter 46 - 09/10/2015
to be implemented by 15 October to unlock the first subtranche of 2 billion euros incorporates a first...-set relates to the: 1) adoption of a roadmap for the investment licensing reform, 2) establishment... up to non-pharmacists, 2) the implementation of at least 35 additional recommendations included
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Fiscal target revision shows 3.07 bln 9-month primary surplus was 1.8 bln above target
Economypercent in September, after easing by 2 percent in August, yet the 9-month figure fell by 6.8... of the FY target of 750 million) 2) Other social security funds expenditure (at zero versus an annual target... of the disbursement of the next two sub-tranches of 2 and 1 billion respectively may result in a further delay
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General government primary cash surplus widens notably to 5.14 bln at end of Nov
EconomyMacroeconomyperiod. The government has initially indicated that a part of the last two sub-tranches of 2 and 1... loans by 2.18 billion largely due to the payment of the last sub-tranche of 2 billion. All the other... redemptions of 6.7 billion, increase in repos by 1.4 billion and a net decrease of around 2 billion
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Newsletter 72 - 06/05/2016
so the main package of fiscal interventions can be settled. This will then leave the extra 2 percent... to back another package worth 2 percent of GDP, even if it may never be implemented. The European... to the form of contingency measures worth 2 percent of GDP the IMF is insisting should be detailed
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