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What Greece’s draft agreement with lenders foresees on labour and pension reforms
EconomyProgrammemore than 20 and less than 100 workers, at least 10 percent of the workforce for firms employing... directive notes that over a period of 90 days the number of mass layoffs may exceed 20 regardless...) that will lead to efficiency gains also through a reduction by at least 20 percent of the overall staff and 40
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Lack of clarity across the board highlights review impasse
PoliticsGreek Politicsto prepare even an outline agreement by the February 20 Eurogroup if the institutions do not return... there to be an agreement with the lenders by February 20. “There is willingness, as far as we can see, from our... of the negotiations,” he said. "It is my expectations that on February 20 at the next Eurogroup meeting
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Mitsotakis responds to coalition's counter-measure challenge with own proposal
PoliticsGreek Politicsto Greek taxpayers. Mitsotakis proposed a 20 percent reduction in the ENFIA property tax, reducing VAT... of personal income tax to be lowered below 20 percent (one of the counter-measures agreed by the government is for this rate to be reduced from 22 to 20 percent) in order to soften the blow from
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Labour market reforms did exactly what they were supposed to
Agoralabour costs since euro adoption had increased by 35 percent, compared to less than 20 percent... below 20 percent of GDP, mostly boosted by tourism and shipping, while exports of goods were just 14... percentage increase is in the 4 to 10 weekly hours segment with a 40 percent rise, followed by the 20
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Greece's immediate focus on prior actions and growth plan
EconomyProgrammeof EU structural funds would go to large projects and 20 percent to SMEs. He said that Alternate Economy...), Terminal Link SAS (33 pct) and Belterra Investments Ltd. (20 pct) - that gained a 67 percent stake..., whereas HRADF is looking for 20 million euros based on independent evaluations. Post-MoU framework
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Mitsotakis eyes tax cuts to jump-start economy, also seeks unity but not with SYRIZA
PoliticsGreek Politicsfrom 22 percent to 9 percent, the reduction of corporation tax from 29 percent to 20 percent... two years, reduction in contributions to main pensions from 20 to 15 percent, scrapping of trade... funds, which includes the majority of debtors, would be allowed to pay as little as 20 euros per
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Part-time work and low earnings overlie crisis-pounded labour market
Society2010 and 2018. At the same time, nominal hourly wages fell by 20 percent while labour productivity... that in the last eight years, 682,000 people aged between 20 to 44 had left the country. Wages Only 10... fallen under 20 percent in recent months and is expected to fall further in the next few years
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Moments to remember from the euro crisis
Agorathe problems the euro has faced since its launch almost 20 years ago, there are reasons to be content... with the US over the last 20 years despite commentators often arguing that the Americans dealt... and getting them to share a currency, one which remains a work in progress 20 years after it was launched
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EastMed pipeline close to high-level agreement, but still a long way from becoming reality
EconomyFeaturesbetween Israel, Cyprus and Greece in Jerusalem on March 20. However, the 6.2-billion-euro energy mega... and the Peloponnese, to Otranto on Italy’s eastern coast, delivering up to 20 billion cubic metres... will be attending the March 20 trilateral summit for the EastMed, while the Beer-Sheva summit
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NPEs down by 13 pct to 81.8 bln in 2018, but BoG highlights continuing credit risk
EconomyBankingto 20 percent by 2021. The reduction in 2018 was achieved by write-offs in the volume of 5.9 billion... legal protection status, which is 31 percent of mortgage NPEs and more than 20 percent of consumer... representing one fifth of loans, followed by manufacturing with more than 20 billion and construction close
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