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S&P sees improved fiscal and growth prospects, raises credit rating to 'B'
Economyservicing thanks to the long dated concessional rates of the official loans and the debt relief... of the soveriegns that S&P rates. S&P cautions, though, that the stock of Greece’s debt is a hinderance to further
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OECD highlights reforms and imbalances that need to be addressed
EconomyMacroeconomyrates and a narrow base of taxpayers, mostly due to tax evasion, a situation that creates... recession have caused a substantial rise in poverty rates that are most notable in families
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OECD report outlines steps to reduce burgeoning poverty rate in Greece
EconomyMacroeconomyaffected by the crisis, leading to a significant surge in poverty rates. Those most affected have... despite the high rates of housing stress, and the government is planning to replace those with a means
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Ministers urged to speed up reforms as Athens prepares for lenders to return
EconomyProgrammeto set the new ENFIA rates, with the aim of targeting 3.1 billion euros in revenues. The difficulty for the government is that apart from satisfying the creditors, who expect the new rates
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IMF's Article IV conclusion outlines progress and remaining risks on road to recovery
EconomyProgrammehigh tax rates. The combination of this policy package in the next two years and reforms... rates, economic distortions and will support growth. Banks have a key role to play in Greece’s economic
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No bounce for Tsipras in poll as cracks appear in centre-left
PoliticsGreek Politicsa minor fiscal impact given that the discounted VAT rates only apply in the five islands that are most... their VAT rates increase at the beginning of the year. Tsipras vowed that the lower VAT would apply
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BoG report outlines benefits of surveillance and scenarios for debt
EconomyBanking. Scenario 4 looks at the Eurogroup measures but higher interest rates of market access by 100 basis points... from the 2030s and scenario 4 of higher market rates raises the financing needs from 2047 onwards
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Child poverty rate in Greece triples in a decade, OECD study finds
Societyrates have increased in two thirds of OECD countries. The share of children living below the pre-crisis poverty line (as measured by ‘anchored’ poverty rates) increased substantially in Greece, Italy
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Council of Europe report warns over austerity-inflamed inequality in education
Societyis proposing making pre-school compulsory for four year olds, which would increase attendance rates... of children, whose school attendance rates remain poor. In addition, better integration of both children
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OECD sees 2.2 pct growth in 2019, stressing importance of reform adherence
EconomyMacroeconomy, dividend and property tax rates, lowering social security contribution rates for some self
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