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  1. Revenue uptick unable to stop 7-mth primary surplus outperformance falling to 724 mln

    EconomyMacroeconomy

    of 1.46 billion. 2) Extension of submission of the personal income tax (PIT) declarations leading... to Manpower Employment Agency (at 26.7 percent of the FY target) 2) Other social security funds... FY target of 454 million) 6) Consumption and non-allocated expenditure (at 28.2 percent

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  2. Opinion polls indicate fragmentation, close election race

    PoliticsGreek Politics

    in agreement on several key factors: 1) SYRIZA has a narrow lead of 2 to 3 percentage points over New Democracy 2) SYRIZA’s support has been falling dramatically over the last two months and now stands... at around 7 and 6 percent respectively 5) PASOK, which announced over the weekend that it will work

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  3. Newsletter 41 - 04/09/2015

    Newsletters

    on 20 September is small, say less than 2 percentage points, it is difficult to see how one could govern... decided to pay the whole amount via credit card. While those taxpayers paid off the amount in 6 to 12... retail decline was in department store turnover. 2 Elections in flux The only certainty voters have

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  4. Greek 2016 draft budget contains 6.4 bln in new fiscal measures, sees recession ahead

    EconomyMacroeconomy

    at 173.74 billion euros for 2015, 6 percent lower than last year’s budget and 3 percent below 2014 figure... contributions for main pensions (531 million) and supplementary pensions (183 million) 2) Reduction... percent discount in VAT on islands (2.2 billion) 2) Increase in the solidarity levy rates (390

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  5. Coalition poised to unveil pension reform proposals, hoping to avoid cuts
    Photo by MacroPolis

    EconomyProgramme

    and granting of pensions. 2) The final pension amount will be made up by the national and the main... the amount that around 2 million people in the public and private sectors contribute to the social security...’ healthcare contributions to 6 percent (from 4 percent) for main pensions and to 6 percent (from zero

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  6. BoG cautions on impact of tax rises, updates on rising NPEs
    Photo by MacroPolis

    EconomyMacroeconomy

    target of 3.5 percent could be reduced to 2 percent after 2018, which is consistent with debt..., with the non-performing loan (NPL) ratio increasing by almost 2 percentage points in the course... for just 6 percent of NPEs. The BoG highlights that the NPE coverage ratio improved by more than 6

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  7. Can Greece learn to love renewable energy?

    EconomyFeatures

    /uploads/2016/06/GSR_2016_KeyFindings1.pdf [2] https://www.dei.gr/en/i-dei/i-etairia/tomeis-drastiriotitas...&language=en-US [6] http://energytransition.de/2016/06/the-evolution-of-renewable-energy-sources-res... and sixth in the world, and it is estimated that their supply will last for around 45 years.[2] Around half

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  8. Greece’s embattled commercial steel market industry braced for more challenges
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyFeatures

    and 1.3 percent of the EU’s GDP in 2015. [2] Over the years, European steel production has seen its... that the decline in domestic demand aggregated at around 65-75 percent.[6] One obvious factor behind.../content/8dfede9c-5a56-11e6-9f70-badea1b336d4 [2] http://ec.europa.eu/greece/news/2016/20160316_xalyvourgia_el.htm [3] http

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  9. Greek women in crisis
    Photo by Dimitris Skalakis/Fosphotos

    Agora

    of maternity leave covered by the employer (2 months prior to giving birth and 2 months afterwards). Additionally, they have a right to take a further 6 months of maternity leave, receiving a basic benefit... of 10 months of maternity leave (the 4 months plus the 6 provided by the state). A few years later

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  10. China's footprint in Southeast Europe: Constructing the "Balkan Silk Road"
    Photo by Angelos Christofilopoulos/Fosphotos

    Agora

    delegation proposed the establishment of the “China-CEE Investment Cooperation Fund”; [2] a year... as China’s largest trading partner in the Western Balkans, i.e. Serbia. [6] As is increasingly... a larger region, i.e. southeast Europe. [1] See China-CEEC: http://www.china-ceec.org/eng/. [2] See

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