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Tsipras sails through multi-bill vote, looks to disbursement and debt relief
PoliticsGreek Politicsall of his 153 MPs support the legislation despite it containing another 1 percent of GDP in tax.... Other late changes saw the tax on beer increase from June 1, 2016 (instead of of Jan 1, 2018) and a broadband levy introduced from Jan 1, 2017 (instead of Jul 1, 2017). However, Tsipras saved the most
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Newsletter 144 -15/12/2017
Democracy by 2.5 points since the last survey in June. Support for New Democracy rose by 1 point to 30.7... production index (+1 percent). The water supply production index fell by 2.6 percent, and the manufacturing... from non-euro countries within the EU increased by 1 percent to 1.01 billion. According to SETE’s
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Newsletter 156 -23/03/2018
the growing cash buffer and 500 million euros will be used to reduce state arrears. Another 1 billion euros... the clearing of state arrears and electronic auctions. This disbursement is expected from May 1 onwards and the full 1 million euros will be destined for arrears clearance. Regarding the fourth review
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Athens aims for November agreement with lenders on pension cuts
EconomyProgrammeto ensure that the 1 percent reduction in pension spending is not implemented. To Vima reported... agreed with the lenders that as of next year there could be a 1:1 ratio for hirings and departures in the civil service, as opposed to the 1:5 ratio that has been in place for the past few years
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EU's temporary framework for state aid in response to Covid-19 outbreak
Legalthe 2020 Temporary Framework 1. Direct Grant or Tax Advantages Under the Temporary Framework, the Member...) on the basis of the maturity of the loan (1 year, 2-3 years or 4-6 years), credit risk margins, ranging... at an interest rate, which is at least equal to the base rate applicable on 1 January 2020 plus the credit
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Greece - On the importance of productivity growth
Agora, on average. Table 1 presents key statistics to support our bearings. The population data come from... the 1970s onwards.[1] All industrial countries show this pattern. This development is not particular... of productivity growth recovering to around 1 percent a year. We also accept this assumption for Greece. [2
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Newsletter 288 - 12/03/2021
round of tax advance refunds worth 1 billion euros, as well 500 million euros earmarked for to subsidise... to 47.3 billion euros in 2020. The phased-in Common Equity Tier 1 (CET1) ratio came to 13.9 percent... The core index fell by 1 percent, less than the decrease in January Greece’s Consumer Price Index (CPI
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Productivity developments in the Greek public and private sector
Agora. There is no contested market for government services (at least not in the short run[1... numbers of real GVA per employee are shown in Figure 1 (index Q1 2001 = 100), together... of Figure 1 jump out immediately. Overall productivity increased in the initial boom years after euro
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The case for a general government balance sheet
Agoraof a government impacts future generations. Figure 1 shows the summary results of a preliminary general government balance sheet for Greece and the 19 countries of the euro area (Euro-19). Subsequent tables 1 and 2 illustrate balance sheet data in more detail. Figure 1 above captures for Greece and the Euro-19
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New Democracy and SYRIZA on campaign footing but for how many elections?
PoliticsGreek Politicspercent compared to 16.4 for New Democracy. In Attica, SYRIZA has surged ahead to 20 percent, while ND is on 13.5 percent. The proportion of undecided voters averages at over 20 percent, which means
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