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SYRIZA not entirely behind plans for changes to constitution, electoral system
PoliticsGreek Politicsthat internal party issues are coming to the fore again. Less than 10,000 people are estimated to have... directly by voters, rather than Parliament. The SYRIZA faction argues that this would give... system but are opposed to anything other than proportional representation, which is what SYRIZA favoured
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Uncomfortable parallels: The Greek and British referendums
Agora) is a worse place now than it was at some foggy point in the past where we achieved peak Blighty.” Last year... last June that “we are far more united and have far more in common with each other than things... nature rather than to seek to rouse our inner demons. Recent political developments mean
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Tourism and exports expect impact from Brexit fallout
EconomyMacroeconomy. Industrial products account for more than 62 percent of Greek exports to the UK followed by agricultural and petroleum products, which make up almost 30 and more than 8 percent respectively.... The bulk of imports from the UK (more than three quarters) also involve industrial products
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Coalition's proposal for PR electoral system unlikely to clinch supermajority
PoliticsGreek Politicsthat the new system applies immediately rather than from the general election after the next one... · Maintaining the 3 percent threshold for parties to enter Parliament The abolition (rather than a reduction... a key role in the process (even the possibility that it, rather than the election winner, could lead
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Finance Ministry says revenues beat revised target by 105 mln in July
EconomyProgrammeof their target by more than 500 million euros, the Finance Ministry (MoF) clarified via a non-paper that July... refunds) reached 5.24 billion euros, 333 million lower than the target, while tax refunds were 180... ENFIA instalment was due in August, one month earlier than the recent MoF announcement. It is not clear
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General govt primary cash surplus expands to 3.3 bln at end-June, arrears rise to 7.2 bln
EconomyMacroeconomythan 20 percent or by 1.23 billion from the end-2015 figure of almost 6 billion. The biggest change... accounting for more than 16 percent of total arrears. In addition, state budget arrears increased... of 24 million year to date with their stock at 1.31 billion in June making up more than 18 percent
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Coalition seeks to quash concerns about complications with Hellenikon development
PoliticsGreek Politicsargued that the 915-million-euro winning bid was much less than the state should have secured... until 2018, four years earlier than the initial agreement, Lamda will invest 8 billion euros, rather than original 6 billion, 80 percent of those investments will be implemented within 12 years instead
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Property tax notices for 2016 to be issued, collection target remains same
EconomyMacroeconomyor 2.4 million of taxpayers will pay less ENFIA in 2016 than in 2015, while 35 percent or 2.5... amount. However, 690,000 taxpayers (less than 10 percent of total) would have to pay a higher ENFIA... less, for 3.12 million (41.8 percent) it ranged between 200 and 1,000 euros, while for more than
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Rise in number of Greeks insured in 2015 but average salary edges down
Economy, showed the number of insured individuals increased by more than 100,000 or 5.9 percent to 1.8 million... employment increased at a higher rate of 9.9 percent to more than 524,500 and accounted for 28.5..., renting and business activities. The respective distribution by occupation indicated more than one
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Q2 GDP rebounds 0.2 pct QoQ but shrinks 0.9 pct YoY amid consumption drop and investment rise
EconomyMacroeconomyis slightly lower than the 0.3 percent QoQ rebound reported in the flash estimates released on August 12... for Q2 is lower than the -0.7 percent published in flash estimates. GDP at current prices rebounded... by more than 55 percent over the last seven years. Its share of GDP dived to 12 percent in Q2 2016 from
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