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Newsletter 69 - 08/04/2016
slashed to 15 billion. He added that a feasible privatization revenue target would hover around 6–7... year for those with at least 15 working years. At the institutions’ request, the Labour Ministry has reportedly slightly lowered the pension replacement rates for the first 15 working A Finance Ministry
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IMF examines where programme went wrong, what lessons were learnt
EconomyProgrammetargeted a fiscal adjustment of 7 percent of GDP that would be mostly based on sustainable... measures and more debt relief were needed. During 2012–15, fiscal adjustment was significant (3.25 percent of GDP) but fell short of the program objective (7 percent of GDP). Privatisation proceeds were
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Gloomy preliminary results for Aegean as state support talk gathers pace
EconomyFeaturesquarter down. In a preliminary results release, Aegean Airlines showed that revenues in Q1 dropped by 15 percent year-on-year (YoY) to 146.6 million euros. In January, revenues had risen by 15 percent YoY...-related border closures took hold. Passenger numbers dropped by 15 percent as well, led by a decline
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Rise of smaller parties a barrier to decisive result in first elections
PoliticsGreek Politicstakes backing for ND to 35.5 pct, SYRIZA 28.5, PASOK 11, KKE 7, MeRA25 5.5, Greek Solution 4.5.... In this scenario, ND would 33.5 pct, SYRIZA 28, PASOK 10.5, KKE 7, MeRA25 5 pct, Greek Solution 4.5 pct..., 34 for PASOK, 22 for KKE, 16 for MeRA25, 15 for Ellines and 15 for Greek Solution. This would again
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Labour Force Survey, Quarterly, 15 - 19, Unemployment Rate
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Polls continue pointing to SYRIZA victory as new post-election scenarios emerge
PoliticsGreek Politicsthe results of surveys carried out by 13 companies between January 7 and 15. The average...) January 18, 2015 Public Issue for @AvgiOnline SYRIZA 35.5 ND 30.5 Potami 7 KKE 7 G Dawn 6.5 PASOK 5 Ind... poll of polls has To Potami in third place with 7 percent, followed by Golden Dawn on 6.2
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Early rounds of talks with lenders focus on possible prior actions
EconomyProgrammeregarding 2012 pension reform. According to the CoS, cuts of 5 to 15 percent in pensions above 1,000 euros... years for 40 insured years and to 67 years for 15 insured years as of 2023. The previous lower.... This pension reform was excluded from the first bill of prior actions voted on July 15 and was considered
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Omnibus bill goes to Parliament as Greece seeks to unlock 2 bln sub-tranche
EconomyProgramme. The ballot may be delayed until October 17, instead of the initially scheduled October 15, according... in Parliament under the “emergency” procedure on July 15 and 22 and on August 14 contained only one article... to 15 percent for annual income below 12,000 euros and from 33 to 35 percent for annual income above
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SYRIZA holds fire as Eurogroup expectations continue to be lowered
PoliticsGreek Politicsthat there has been any significant change in Athens’s position ahead of the June 15 Eurogroup..., that the expectations of what can be achieved on June 15 (or June 22 at the European Council... the table on June 15 satisfied enough to join the programme once more with funding. The report also
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Why did Greece return to bond markets now? Was it the right decision?
Economyto continental Europe, 15 percent to the rest of the world and 7 percent was distributed to investors in Greece... the desired target than an auction does. The fact that the bond was oversubscribed more than 7 times also... 200 million on a T-Bill stock of 15 billion euros. That said, T-Bill yields would have been expected
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