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Lenders highlight risks of 'short-term popular' measures unveiled by government
EconomyProgrammemeasures announced by the Greek government this week, including a reduction to VAT rates and a bonus... rates are too high and social spending and investment are too low,” he said. “This is not only... of the outstanding IMF loan that’s subject to surcharge rates, that's about 40 percent of the outstanding loan
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Tsipras tries to use Brussels warning to his political advantage
PoliticsGreek Politicsbe to reduce the VAT rates to 22 and 11 percent over a four-year period. Corporate tax... the Greek economy back. “The economy will go nowhere with growth rates of 2 percent,” he said. “It needs growth rates of 3-4 percent so the middle class can breathe. This growth will not come through
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Fiscal targets and tax cuts on agenda as Staikouras meets Regling
PoliticsGreek Politicsin VAT rates is being pushed back by two years, while a second tax bill scheduled for 2020... through switching to digital services and holding back the reduction in VAT rates to 2023. Also..., delivering better growth rates in the short-term. To Vima reported on Sunday that the new government
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Overall loan interest remains at 4.34 pct in December
EconomyMacroeconomy(BoG) showed on Tuesday. The spread between loan and deposit rates edged up slightly to 4.16... existing loans dropped by 2 bps to 3.98 percent. The spread between existing loan and deposit rates... bps to 0.18 percent, staying at very similar rates to the previous month. The average interest rate
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Parties debate pandemic response as public approval deteriorates
PoliticsGreek Politicsdeath rates and infection rates from Covid-19 internationally. Mitsotakis also presented comparative... he pointed to the record low borrowing rates achieved by recent debt issues as evidence
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Govt unveils new Covid support measures amid growing public anxiety
PoliticsGreek Politicsmeasures through April, as the persistence of Covid-19 infection rates raises the likelihood of another... standing at 1.06 and positivity rates in the past week remaining high at 4.3%. Hinting at some of the reasons for persistent infection rates, Kikilias mentioned that the bulk of new infections were
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Has external competitiveness been fixed in Greece?
Agora. The 2000s had been a decade of declining interest rates in Greece, consumer demand driven by borrowing..., and exchange rates, statisticians and economists can calculate an index that provides an indication... low interest rates to get GDP growth going (again), then one conclusion can be that the economy
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PM calls for step-up in jabs, tougher enforcement in response to rising infections
PoliticsGreek Politicsare fully vaccinated. However, daily vaccination rates have fallen from 100,000 to as low as 80,000... in vaccination rates he called on government at all levels to identify vulnerable unvaccinated citizens... at the meeting which indicates higher infection rates among the younger age groups, as well
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Warnings of post-holiday Covid surge, continuing wildfires store up risk for ND
PoliticsGreek Politicspositivity rates well above the national average of 3.64 pct, with the Cycladic islands of Naxos... vaccinated. Crete has had one of the lowest vaccination rates in Greece, but overall vaccination rates are also lagging. The number of doses administered daily has risen slightly to around 30,000
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Newsletter 309 - 24/09/2021
on average a low 1.5 pct and the rates to refinance its debt to average 1.5 pct up to 2030, increasing... in the alternative scenarios of lower growth and higher risk premium on refinancing rates, where debt-to-GDP stays... posted double digit annual growth rates since March this year. The latest data for July showed
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