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Newsletter 149 -2/02/2018
appear strong enough to kill off any prospect of an irreparable rift developing. However, the question... chief feels that he will kill off any small chance he has of being re-elected by alienating his... (ESI) got off to a positive start in 2018 and rose by 0.6 points to 101.9 in January from an upwardly
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BoG and HFSF schemes under scrutiny as banks look for a way forward on bad loans
EconomyBankingit will mean a reduction in regulatory capital as banks will need to write off deferred tax credits (DTCs) accumulated. Legally, the amount written off in connection to DTCs will be recognised... mechanism in the proposal allows for the non-activation of DTC legislation, allowing banks to write off
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Athens waits for green light from Eurogroup so it can settle IMF loans early
EconomyProgrammethe European Stability Mechanism (ESM) to pay off some or all of its loans to the International Monetary Fund... the money it owes to the IMF. The government has made no secret of its desire to pay off early some... off the instalments that are due this year and next year, which amounts to 3.8 billion euros
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Athens gearing up for new bond issue amid favourable market conditions
EconomyProgrammethe completion of the second post-programme review: To issue another sovereign bond and to pay off some... are at 1.5 percent,” he said. “When you pay off the loans prematurely, you help restructure your debt so... for this year so a new issue may round off the country’s borrowing activity for the year. Two bond
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PM aiming to unveil expansionary fiscal measures after Easter
PoliticsGreek PoliticsThe government is preparing a series of permanent and one-off fiscal measures aimed at providing... to be considering reinstating a discount on the upfront payment of income tax. Among the one-off measures being... consecutive fiscal outperformances show there is room for permanent measures and not just the one-off
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Mitsotakis vows to push on with tax cuts despite fiscal concerns
PoliticsGreek PoliticsNew Democracy leader Kyriakos Mitsotakis has brushed off concerns that the lack of fiscal space... the lenders regarding Greece’s public finances veering off track due to SYRIZA’s handouts. In fact... that this would allow Greece to pay off its debt quicker. “You have different revenues if you grow with 2
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Budget primary surplus at 918 mln in May, expenditures rise as 13th pension payment takes effect
EconomyMacroeconomymillion euros have been incorporated to 2019 figures to cover the one-off payments related to law...-off payments that took place until May of 2019 in connection with ministerial decisions issued... expenditures of 329 million euros (mainly the one-off payments of law 4575/2018) and increased PIB
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Looking to build on support for relief measures, ND unveils new tax bill
PoliticsGreek Politicsby the government during the summer left off, focussing on lowering taxes for individuals and businesses... into force after the recent one-off 120-instalment scheme, and had to first receive the approval of Greece...-off debts, such as in the case of inheritance tax, can be paid in 48, rather than 24, tranches. Non
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Amid hiring controversy, ND focusses on new round of tax cuts in latest bill
PoliticsGreek Politics. One-off debts, such as inheritance tax, can be paid off in up to 48 instalments, rather than... off as voters start to question whether the centre-right party has changed at all under Mitsotakis’s
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Sealing our borders, closing our minds
Agorathe number of migrants reaching their countries had dropped, thereby giving them a chance to fight off... ourselves off from reality cannot be a serious response, especially from a group of nations that pride themselves on being the most enlightened, prosperous and democratic in the world. The stand-off
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