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New overdue taxes rise by 766 mln in Jan, total stock at 99.44 bln
EconomyMacroeconomydebt in January has displayed a rise of over 9 billion euros. Although legacy stock increased, total... in 2017, before rising once more. Additionally, those who qualify for such collection measure rose... to 82.2 percent for December. The IAPR has set a goal for the overall tax collectability rate to reach 84
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Newsletter 2 - 07/11/2014
intact, the Greek government’s focus has shifted to completing the ongoing troika review. This would...”. Failure to achieve an agreement on debt relief would be a blow to the government, which has held... that would allow Greece to demarcate its EEZ, just as Cyprus has done. The Greek prime minister does
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EC warns budget not on track due to handouts, advises against further underspend
EconomyProgrammeacknowledge that over the last few years Greece has managed to significantly over-perform on the fiscal... on the young and working–age population that has suffered the most during the crisis and who are at higher risk of poverty. Combined with the decision to scrap the measure of lowering the tax-free
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The key points from lenders' proposals to Greece
EconomyProgrammepercent for 2018 and beyond, the government has to implement fiscal measures of 1.67 percent of GDP corresponding to 3 billion euros for 2015. The first key measure involves reforming VAT... that the government has proposed to be suspended until 2016. 4) Phase-out the solidarity grant (EKAS) for all
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Greece, lenders reach deal to secure bailout sub-tranche and bank recap funds
EconomyProgrammewas not settled at Monday’s meetings and has been postponed for December. The two sides were unable to agree... confirmed the key alternative measure for not imposing 23 percent VAT on private education would.... The EWG is due to reconvene on Friday (after the bill has been approved) to give the green light
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Govt prepares to increase energy subsidies, lifts most Covid restrictions
PoliticsGreek Politicsthe scheme. Covid measures Minister of Health Thanos Plevris has announced that in line with the new... announced in September that in an emergency measure it was earmarking 150 million euros from... on Wednesday, the government has been discussing with the European institutions a proposal to increase
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Greek Parliament's budget office questions primary surplus sustainability
EconomyMacroeconomy) argues that despite significant achievements in 2014, the Greek economy still has a long way to go... for negotiations with Greece’s eurozone partners regarding debt relief measure to start as soon as possible... to committee, the return to bond markets does not mean that the Greek economy has wriggled free
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Auctions, strikes trouble Tsipras but focus still on programme exit
PoliticsGreek Politicseven before the third programme has been concluded. The two MoU-related issues that are causing most... of the coalition abandoning either measure as they are vital to the completion of the third review.... Snap polls The latest turbulence has sparked fresh speculation in some local media about
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Govt looks for ways to manage promised tax cuts as Mitsotakis continues European charm offensive
PoliticsGreek Politicsmillion euros. Maintaining the tax-free threshold at its current level, a measure legislated... was on track to miss the target 3.5 percent primary surplus. To counterbalance this, it has been emphasising... has so far yielded just over 200 million euros, and the government is hoping to triple that amount
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Greece gets EU show of support, emergency funds for migration
PoliticsGreek Politicscontinues to focus on the land border, disquiet on the islands facing the Turkish shore has... demanded of his guests. Despite the warm words from Brussels, the government has not been given carte..., while the UN High Commission for Refugees as already declared the measure illegal. Much hard work
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