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Increase of 11 pct in minimum wage to have knock-on effect in economy
Economycompared to the one set up in 2012. The increase is much more substantial for those under 25, who... to two monthly salaries annually. The daily wage of single unskilled worker is now set at 29.03 euros... paid. The total cost is higher for married workers who have experience, with the social security
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Newsletter 192 -01/02/2019
A higher-than-expected wage increase and a bond release set the stage for SYRIZA’s election battle... that the total bids reached as high as 10 billion euros. Finance Minister Euclid Tsakalotos also claimed... euros net pay and is almost 64 euros higher compared to the one set up in 2012. The increase is much
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Early IMF repayment next goal for Athens after concluding second post-MoU review
EconomyProgrammeduring Greece’s second programme. Added to this 870 million euros in total is another 103 million already...-month extension requested by the Greek side set the wrong tone in the negotiations with all... that is set to commence next month. Also, Athens want to issue another bond before the European
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ND sees budget as evidence of pledges being kept, SYRIZA highlights flaws
PoliticsGreek Politicsand utility bills (which do not count towards the 30 percent bar set by ND) are taken out of the equation, the amount left over might not even equal 30 percent of the person’s total income. The opposition... to capitalise on this and gain traction by claiming that the whole affair was a set-up.
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Learning the lessons of Greece's toxic decade
Agoraof the vote in total and 251 seats in the Parliament formed after the October 2009 elections. The Communist... for the MoU he had just signed along with a new set of policies, known as Zappeio III. He promised... for elections. Tried and tested formula With the actual election date set for 2019, and needing some time
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PM trails switch in tax cuts, admits misstep in approach to migration
PoliticsGreek Politicsthis year. However, this plan is now set to be shelved, with the prime minister saying... percentage point reduction for employers and employees alike. Again, the aim would be to reduce the total... any decision not to support her candidacy now. As a result Sakellaropoulou is set to receive more
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MoF to announce measures for safeguarding businesses impacted by COVID19
Economyof the coronavirus. The first set of measures is expected to be announced on Monday to support business...) has proposed a set of measures to deal with the virus’s impact, especially on small and medium-sized... dropped by 34 percent, and more than 12 billion euros have been lost from total market
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Govt ratchets up coronavirus measures, while planning further support for economy
PoliticsGreek Politicsto 200,000 employees could be impacted by the closures, and has set aside 100 million euros in benefits... of the coronavirus. Early government estimates put the total cost of the measures planned by Greece at 2 billion... spending. These include an agreement to be flexible in enforcing the fiscal targets set by the Growth
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Rival parties interpret Novartis settlement differently, serving own ends
PoliticsGreek Politicsaside the real scandal to set up a political conspiracy,” the centre-right party said. ND will see... majority of the total amount paid out by the drugs firm, related to its activities in Greece. SYRIZA... that another major corruption investigation in Greece is being set aside without comprehensive answers
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PM sees 'new Greece' rising from Hellinikon rubble, pledges more aid for struggling firms
PoliticsGreek Politicsat a faster pace after Lamda set out its plans in 2013. SYRIZA dismissed Friday’s events... permit. Support measures In Parliament on Friday, Mitsotakis set out the details of what he claims... that the total cost of all the support measures will now reach 17 billion euros. This will hit the primary
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