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The key numbers behind the latest Greek proposals
EconomyProgrammethe corporate tax rate from 26 to 28 percent with estimated revenues at 260 million in 2016 2) Increase... measures in case of fiscal shortfalls: 1) Increase the tax rate on income for rents with additional revenues estimated at 200 million 2) Increase the corporate tax rate by an additional one percentage point
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Have inflation "repay" Greek debt and growth reduce indebtedness
Agoralong time; if (b) those loans carry an interest rate of zero or close to it; and if (c) we... at an interest rate of zero, this debt would be cost-free to Greece during this period and upon maturity... 80 billion euros for 50 years and to reduce the interest rate to zero, Germany’s annual cost
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July trade deficit lands at 715 mln as imports post biggest drop on record
EconomyMacroeconomyfell at a slower pace by 8 percent. The rate of drop in trade deficit is the biggest since 2005... years. Similarly, July recorded the biggest monthly rate of decline in imports since 2005... tumbled 56.3 percent with imports dropping at a slower rate (-22.6 percent), while exports increased
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Newsletter 48 - 23/10/2015
lenders, the coalition finally decided to apply a 6 percent VAT rate for private tuition schools, as well as music and dance academies, and a 13 percent rate for non-state schools. Kindergartens... of the government’s initial plan to apply a 23 percent rate across the board for private education. However
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Government tables 2016 budget, upgrades GDP forecasts but leaves fiscal estimates unchanged
EconomyMacroeconomyexpects a similar rate in 2016 (from 25.8 percent before). Following the upgrade of real GDP forecasts... stem from the VAT streamlining, increase in the corporate tax rate and the advance tax payment for self... taxation on farmers, the increased rates in rental income, the tax rate of 30 percent on OPAP Video
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Coalition considers options for addressing pension system sustainability
EconomyProgrammethe insured based on the current system of defined benefits and with a unified replacement rate applied... to be achieved not only from pension cuts but also from the contribution rate increase, with government sources... horizontal pension cuts and proposed a recalculation of pensions based on a unified replacement rate
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Greek households most overburdened with housing costs in EU
Societyoverburden rate in the EU, according to new EU-wide data. Eurostat figures on housing conditions...), the Netherlands (15.4 percent) and Romania (14.9 percent) in terms of the housing cost overburden rate... dwelling, the 13th highest rate out of all EU member states and just above the EU average of 72 percent
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Newsletter 54 - 04/12/2015
in the solidarity levy rate (377 million) and in the advance tax payment rate for legal entities and the self-employed (157 and 114 million, respectively) as well as a rise in the corporate tax rate from... percent in September from 2.1 percent in August. The September rate is the sixth negative reading so
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Unemployment nudges down to 24.6 pct in Sept
EconomyMacroeconomyGreece’s jobs market remained on the slow path to recovery in September, when the unemployment rate.... The unemployment rate in the same period last year was 26.1 percent. The number of employed continued its upward... of unemployed by 68,200 to 1.18 million and an unemployment rate of 24.6 percent in September from
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Newsletter 56 - 18/12/2015
, the primary surplus is 1.7 better than target. Unemployment eases in Q3 The unemployment rate slipped.... Compared to last year, the jobless rate eased by 1.5 percentage points. The rate drop reflects... million. The jobless rate eased by 1.5 percentage points on the same period last year. 2 Leaving annus
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