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European Commission review of Greek programme: The key points
EconomyProgramme), the EC estimates Greece would have needed an additional 5 billion to cover its financing needs until.... The turnaround in 2014 following a recession of 25 percent in the last 5 years is mainly supported... of nuisance charges, 4) adoption of the code of conduct for members of the government, 5) adoption
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IMF preliminary DSA finds Greek debt unsustainable, points to need for debt relief
EconomyProgrammewith cumulative privatization proceeds of around 3 billion over the past 5 years and government’s vague... stressing that the risk remains on the downside. 4) Clearing arrears (additional needs of 5 billion... in the aftermath of tight financing conditions. 5) Rebuilding buffers and paying down short-term borrowing
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Latest polls add to uncertainty ahead of Sunday's elections
PoliticsGreek PoliticsG Dawn 6.5 KKE 5.5 PASOK 5 Potami 5 Centrist Union 4 Popular Unity 3 Ind Grks 2.5 #Greece... KKE, PASOK & Potami 5 Centr Union & Popular Unity 3 Ind Grks 2.5 Und'd 15 #Greece — MacroPolis... 5.5 Potami 5 Popular Unity 3.5 Centrist Union 3.2 Ind Grks 3 #Greece — MacroPolis (@MacroPolis_gr
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Adult skills in Greece lacking, indicates OECD survey
Societyof proficiency (level 4 or 5) in literacy, compared to around one in 10 adults (10.6 percent) on average...-olds in Greece, who, scoring 6.2 percent, are 5 percentage points below the average. Significantly... percent of adults in Greece attain level 4 or 5, well below the OECD average of 11.2 percent. Similar
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Newest Greek market foray for 10-yr bond breaks two records
EconomyMacroeconomywas officially opened with a guidance of mid-swaps plus 105 basis points, 5 basis points lower than... even lower by 5 basis points to 100 basis points. At the close, offers exceeded 29 billion euros... more than what was initially planned, with the transaction closing formally just before 5:00 pm UK
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Somewhere in the middle: Kosovo's delicate relations with the European Union
Agoraspecifically relations with Serbia and lack of recognition from 5 EU member states (Cyprus, Greece... of the 5 EU member states which still do not recognize Kosovo. Kosovo’s declaration of independence... and delicate approach, in order to accommodate both the stance of the majority of its members and 5 non
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Tailor-made Maastricht criteria for Greece?
Agora, and if nominal GDP growth is around 5 percent a year, then, over time, the debt ratio D = 3/5 = 0.60... interesting detail is that the 5 percent nominal growth rate can be thought of as 2 percent.... Nominal GDP growth in the EU27 averaged 3.3 percent a year, well below the 5 percent assumed
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General gov't primary cash surplus widens to 2.6 bln in Aug, arrears up by 2.15 bln
EconomyMacroeconomyMoM (+114 million) and YtD (+804 million) rise to a total of 2.57 billion at the end of August making... billion in August, corresponding to 20.7 percent of total. Tax refunds’ arrears are the third key contributor to total stock with its balances landing at 809 million at the end of August making up
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IAPR annual data shows growing tax pile and pressure on middle-income taxpayers
Economydue from debtors. In total, around 816,721 bank accounts of taxpayers and tax debtors were accessed..., a total of 5.5 billion euros was collected last year from such interventions. For the current year, the IAPR has set a target of enforced debt collection methods to 66 percent of the total amount of tax
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General govt primary cash surplus at 1.78 bln in June, arrears drop by 3 mln
EconomyMacroeconomy, bringing the total figure to 639 million euros. The equivalent figure for the same time last year was 1.11 billion. A decline was also noted in local governments, where the total fell by 109 million euros... where a rise of 877 million was seen, taking the total to 2.34 million euros. This was followed
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