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Constitution tweaked, consensus sought for Greek diaspora vote and next president
PoliticsGreek Politicsthan 500,000 Greeks with voting rights can be tabled in Parliament. The most popular amendment (274... appoint technocrats to run Greece’s public hospitals rather than hand out the positions as political... media has been more subdued than when the leftists were in power.
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Amid hiring controversy, ND focusses on new round of tax cuts in latest bill
PoliticsGreek Politicscontroversy. The bill was tabled late on Tuesday after more than a dozen changes were made to the draft.... One-off debts, such as inheritance tax, can be paid off in up to 48 instalments, rather than... ride in the media than SYRIZA did, some of the lustre of the victory at the polls in July is wearing
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Unemployment edges down to 16.8 pct in September
EconomyMacroeconomyErgani database for November showed that there were 30,559 more firings than hirings. Compared to the same month last year, there were 2,690 fewer people fired than hired. Total hirings came... hirings than departures. Ergani noted that this represented the second highest employment balance
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Unemployment edges down to 16.6 pct in October
EconomyMacroeconomydatabase for November showed that there were 30,559 more firings than hirings. Compared to the same month last year, there were 2,690 fewer people fired than hired. Total hirings came to 208,583 versus... as voluntary departures. In the aggregate period, the employment balance showed 131,310 more hirings than
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Pension bill to be unveiled as govt prepared for fifth post-MoU review
PoliticsGreek Politicsthis week and even though the upcoming review is set to be less stressful than previous ones... will have higher growth rates than initially thought. He added that the government has already made... imposed by the Katrougalos law in 2016 on anyone earning more than 1,300 euros per month from
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Public investment under spotlight amid arguments over budget execution
EconomyMacroeconomyinvestment spending appear higher at state budget level than it was. In a statement accompanying... that the Public Investment Budget (PIB) execution last year was better than 2018 because in the previous... general government spending on investments was 3.69 billion euros, which was 800 million euros more than
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Newsletter 236 -24/01/2020
categories of pensioners who have more than 30 insured years of work. Another sensitive topic that reflects... the crisis. The banks are calling for more than 2 billion euros of state guarantees, otherwise... at the end of April and despite more than 40,000 people having started the process, according
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Lenders set out key review issues as Athens tables proposals for fiscal space
EconomyProgrammeand backpay for some categories of pensioners who have more than 30 insured years of work. Another... euros turned red during the crisis. The banks are calling for more than 2 billion euros of state... residences. The current scheme is due to expire at the end of April and despite more than 40,000 people
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Greek banks eye positive market appetite for bad loan sales
EconomyBankingstrategies, resulting in an NPL and NPE ratio of less than 5 percent and 10 percent respectively in the bank... Bank of Greece also said in January that it plans to leverage the Hercules mechanism for more than... after achieving this Stournaras noted that the NPL ratio in Greece will be five times higher than
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Govt takes up fiscal requests with EU as pressure over min wage, main homes mounts
Politicsof ANFA and SMP profits for investment rather than just debt servicing and Beyond that, there are two... than banks because they are not weighed down by the lenders’ capital concerns. Minimum wage Another... the minimum wage by 11 pct, more than the panel of experts and the institutions advised, to 650
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