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Mitsotakis and Androulakis clash over rule of law as probability of early polls grows
PoliticsGreek Politicsand pointing to alleged phrases in the case file such as “don’t audit our own people”. He accused ND
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With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP
EconomyMacroeconomy. On the debt front, gg debt is set to slightly ease to 320.0 billion (174.8 percent of GDP) in 2014 from... percent stake in DESFA to Azeri SOCAR (188 million). The target for 2014 was set at 3.56 billion without... to Athens in early December with the target set by both sides to reach a final agreement until the next
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With prior actions pending, PASOK showing signs of adjustment fatigue
PoliticsGreek Politics. The first set of prior actions are: 1) adoption of outdoor trade law 2) adoption of investment.... The second set consists of: 1) adoption of the necessary legislation to merge all... to tell his eurozone counterparts on Thursday that the first set of prior actions will be completed
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Unpaid taxes keep rising, tax audits short of targets
EconomyMacroeconomytax debt of 1 billion by the end of June. The same target of 1 billion has also been set... taxes due, underperforming the full year target set at 50 percent. On tax audits and collections... temporary audits correspond to 73.9 percent of total. The full target is set at 65 percent, implying
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Sudden jump in unpaid taxes last month takes total to almost 70 bln
EconomyMacroeconomythat the first-half target of legacy debt collections of 1 billion set by the Ministry of Finance (MoF... year, the target has been set at 25 percent, with the year to date rate at just over half the target... a weak performance in July, yet they remain well below the annual targets. Those targets were set
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ECB stress tests and what they will mean for Greek banks
Economyprovisions. A capital benchmark of Common Equity Tier 1 (CET1) of 8 percent was set for this pillar... was set at CET1 of 8 percent for the baseline and 5.5 percent for the adverse scenario. The aggregate... on banks’ static balance sheet at the end of 2013. However, the ECB is due to release another set of data
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New prior actions may prove obstacle as Athens talks intensify
PoliticsGreek Politicswill have to pass a third set of prior actions before the agreement is sealed. Athens insists... set of prior actions when it became clear the farmers' taxation in particular was causing..., which is due to be ready by October Product and service market liberalisation, as set out
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Refugee crisis poses multiple political challenges for Tsipras
PoliticsForeign Policyfailed to set up a service to manage some 500 million euros for addressing immigration challenges. Tsipras said it was agreed during Friday’s meeting that the service would be set up in the next few days... an opportunity to show whether it can govern without operating within the restrictions set
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Tsipras is at his strongest, but for how long?
Agoraon the topsy-turvy events of this year. However, let us set aside the speculation for a second and focus... predicted anywhere near a 7.4 percentage point win, which raises a new set of questions about... in voting because the policies set out in the third bailout means it will make no difference who
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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..., with a targeted set of actions including reduction in headcount and procurement. 9) Tax
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