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Newsletter 350 - 09/09/2022
products and energy bills, but the fiscal space is limited and this is set to be reflected in the scope... this year and turn that into a 1 pct of GDP primary surplus next year. This will require a fiscal... Androulakis. Energy is set to absorb the lion’s share of spending. Finance Minister Christos Staïkouras
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Newsletter 46 - 09/10/2015
-set relates to the: 1) adoption of a roadmap for the investment licensing reform, 2) establishment... bailout programme by the end of November. Prime Minister Alexis Tsipras has set this date as his... their concerns with the party leadership. For Tsipras, it will also be his first attempt to set out
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Newsletter 51 - 12/11/2015
on the evening of November 12 and bondholders of around 1 billion of the total tendered 1.09 billion... of the LME, will be bailed-in. Overall through the LME and the bail-in, NBG has secured almost 1... the minimum amount of 600 million set for the international equity offering. The results
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No let up ahead in terms of fiscal demands for new Greek government
EconomyProgrammeto generate annual revenues of 1 percent of GDP. The basic VAT rate was set at 23 percent, a super-reduced rate was set at 6 percent for pharmaceuticals, books and theatre and a reduced rate of 13... will be abolished starting from October 1 for islands with higher incomes, which are also the most
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Banks' trading updates show slight improvement in core pre-provision income, deceleration in NPL formation
Economyitems excluding loan provisions and profits. The bank said the full set of Q2 results... at the end of September. We set out below the key trends visible in the results presented by the two... income by 1 percent QoQ to 597 million. After a drop in Q1, expenses headed north in Q2 increasing by 1
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Newsletter 218 -06/09/2019
as prime minister this weekend, when he plans to set out the government’s plans for another round of tax... and operate a casino on the site. He also pledged to invest more than 1 billion euros. On the back... the message that Greece is open for business. head to the Thessaloniki Expo on Saturday to set out his
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Newsletter 224 -25/10/2019
, the government is set to unveil its plan for overhauling the supplementary pension system by allowing... a major departure from what has gone before, will apply for anyone paying contributions after January 1... that it will put future retirees at risk. The proposal is set to be incorporated in the pension reform bill
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These are the bailout deliverables expected from Greece in September
EconomyProgrammewithin the tenure of the caretaker government, include: 1) Finalise a medium-term technical assistance... by September 1 all supplementary pension funds into the Unified Auxiliary Insurance Fund (ETEA) and ensure that all supplementary pension funds will be only financed by own contributions from January 1, 2015
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Pension reform to be one of new government's toughest challenges in next weeks
EconomyProgrammebillion euros. As a first set of prior actions for the signing of the third programme, the previous government had voted on July 15 a series of pension reforms, which mainly included: 1) An increase... contributions (zero-deficit clause) from January 1, 2015. A ministerial decision
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Newsletter 125 -30/06/2017
kind of credit line. This claim will undoubtedly have set off the alarm bells among Greece’s lenders... set himself another target that will be near-impossible for him to meet and will only lead to further..., Panos Kammenos over his contact with a convict connected to the Noor 1 drug smuggling case
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