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Trade after Brexit: How Greece and the EU will be affected
Agoraof exports during 1999-2015, while 23rd place in compound annual growth rate of exports going... than importing from it. A harder access to the UK market and a stronger EUR vs. GBP rate might... than 134 billion pounds. For that group of countries a weaker GBP vs EUR rate might increase import
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Decisive week for Greek programme begins with proposal from Athens
EconomyProgrammean EFSF/ESM bond exchange, interest rate swaps and matched funding. There has also been movement... and increase in the medium VAT rate. The tax-free threshold currently ranges between 8,636 euros for a single person up to 9,545 euros for a family with at least three children, while the medium VAT rate
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IMF sees much scope for reform progress, particularly on tax in Article IV report
EconomyProgrammeaverage, it could create space to reduce the corporate income tax rate by 10 percentage points, the personal income tax rate to 15-20 percent and the top VAT rate of 24 percent by 1 percentage point
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Waste management remains Greece's biggest environmental challenge, says EU
SocietyAlong with Cyprus, Greece recycled just short than a fifth of municipal rate in 2014, jointly the third lowest rate in the EU and less than half the EU average, a new environmental implementation... the lower taxation rate on diesel compared to petrol. “The increase could account for 1.12 billion
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Special ELSTAT report reveals dramatic changes in labour market since 1980s
EconomyMacroeconomyby 712,300 to a 1.2 million in 2015. Before the recent crisis, the unemployment rate had peaked.... During the current crisis, the jobless rate more than tripled. It peaked at 27.5 percent in 2013... in the employment rate in the 2009–2015 period stood at -9 percent, with that for men (-13 percent) much higher
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Institutions back in Athens to resume review, agree new measures
EconomyProgrammerate by 10 percentage points, the personal income tax rate to 15-20 percent and the top VAT rate
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PMI rebounds to 47.7 in Feb but shows deterioration for sixth straight month
EconomyMacroeconomynew orders also declined month on month. However, the rate of contraction was slower than.... The rate of decline compared to the previous month was a little softer. Meanwhile, Greek... lead times continued lengthening in February, but the rate of deterioration in vendor performance
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Greece, lenders fail to make headway on fiscal and labour issues
EconomyProgrammetax rate for personal incomes and in contributions as well as lowering the VAT rate for certain... and in the corporate tax rate, currently at 29 percent. Moreover, the two sides agreed that a new technical
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Lack of trade-offs for Athens keep deal with creditors out of reach
PoliticsGreek Politics, though, seems more focussed on growth-inducing measures such as cuts to the corporate tax rate and the higher rate of income tax. It is difficult for Tsipras to convince his party... is reportedly prepared to lower the corporate tax rate from 29 percent to 26 but also wants some of its
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Q4 GDP contracts 1.2 pct QoQ, leading to recession of 0.1 pct for 2016
EconomyMacroeconomyconsumption by 0.6 percent. Investments Gross fixed capital formation posted a positive growth rate... the 13.8 percent growth rate posted in Q3. In particular, imports of goods increased by 6 percent... in goods by 3.3 percent. In contrast, services declined at double-digit rate of 11.5 percent. Outlook
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