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Minor movements in Greek deposit and loan rates in April
EconomyMacroeconomyThe interest rate on Greek households’ new time deposits eased by 1 basis point (bp) to 1.82... in the time deposit rate led the average rate on new deposits down by 1 bp accordingly to 1.12... for higher amounts up to 1 million rose by 15 bps to 5.19 percent, while the lending rate for amounts
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Newsletter 34 - 10/07/2015
. The document indicated that VAT reform will target net revenue gains of 1 percent of GDP... percent of GDP in 2015 and 1 percent in 2016. There are a number of tax increases, including... cards. Their only option was to visit one of the 1,000 bank branches that opened as of July 1 to serve
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Unpaid taxes edge up by 656 mln in June for slowest monthly rise in 2015
EconomyMacroeconomymonthly rise of almost 1 billion euros in the first six months of the year, corresponding to a 14.4... billion euros, stemming from revenue collection of around 1 billion and write-offs of 293 million. The collection of 1 billion euros also incorporates the impact from the new legislation on settlement
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Greek banks' capital actions underway, state aid seen as low as 4.7 bln
Economy(1:50) since its current market price of 0.064 euros per share is way below the minimum price of 0.30... split (1:100). NBG NBG initially announced it would seek to raise 1.6 billion from the non-preemptive... today is also due to approve a reverse split (1:15). Piraeus Following the LME outcome of around 600
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Where things stand on the Greek pension reform proposals
EconomyProgrammechanges that were included in the proposed pension system overhaul included: 1) Consolidation... for a 3-year period by a total of 1.5 percentage points (pp), 1 pp for employers and 0.5 pp for employees... 600 million euros required for achieving the agreed pension cost savings of 1 percent of GDP (1.8
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Clock ticks on bailout review but big gaps remain between Greece, lenders
EconomyProgrammecontributions for supplementary pensions by 1.5 percentage points (pp), 1 pp for employers and 0.5... in contributions e.g. for 1 pp in total. This means that the government has to consider alternative measures... by 1.13 billion, there are several items worth around 1 billion (0.6 percent of GDP) in the 2016 budget
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Greece, eurozone edge closer on pensions and fiscal gap but IMF keeps bar high
EconomyProgrammepercent or around 1 billion euros, mostly related to measures that are incorporated in the 2016 budget but have not been either legislated or implemented. These interventions relate to: 1) Imposition... measures. Also, Greece has to identify measures yielding a total of 1 percent of GDP (0.75 percent coming
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This is how things stand as bailout talks head for a brief pause
EconomyProgramme1 percent of GDP. On pensions, on top of the measures already implemented last summer, which are meant to yield 0.5 percent of GDP, an additional 1 percent is required for the next years. Half... for farmers and the self-employed. Tax Tax measures, which are expected to yield 1 percent of GDP
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Newsletter 72 - 06/05/2016
will leave the remaining 1 percent of GDP in measures, mostly increases to indirect taxes, to be approved... throughout that year will stem from pension reform (1 percent), personal income tax reform (1... lending fell sharply in March, with rates for amounts of over 1 million euros dropping by 90 basis
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Newsletter 73 - 13/05/2016
package of parametric fiscal measures amounting to 1 percent of GDP, including an increase in the basic... to be voted in the days ahead (another 1 percent of GDP in fiscal measures, the framework for the sale of non..., the coalition has done most of its heavy lifting for the time being. The 1 percent of GDP in further fiscal
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