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Gov't submits reform plan that raises contributions and cuts future pensions
EconomyProgrammeof two parts, the national (fixed) and the contributory (variable) pension. 4) The national pension... for the supplementary funds increases by 1 percentage point (pp) to 4 percent for employers and by 0.5 pp
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Is Regling right to be concerned about Greek liquidity?
Agoramonths, highlighting that Greece has debt servicing obligations of about 4 billion euros over... needs approximately 4 billion euros to meet all debt obligations. The state budget foresees a primary
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Pension reform brings painful overhaul in social security contributions for self-employed
EconomyOne of the issues that emerged from the government’s draft plan on pension reform submitted to the institutions on January 4 relates to new method for calculating social security contributions... for supplementary, 6.95 percent for health and 4 percent for lump-sum. This brings the total SSC rate
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Mounting pension protests exert more pressure on coalition
PoliticsGreek Politicsplace on February 4. Given the nature of the pension reform proposals (increases in social security... that they have paid tax on the savings, which reportedly amount to about 4 billion euros in total
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Wide range of exacting issues lie ahead for Greece in first bailout review
EconomyProgrammea gap of around 600 million. In the pension reform plan submitted to the institutions on January 4... quarter (Q1) of 2016. Note that debt obligations in Q1 amount to around 4 billion, of which 2.3 billion
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Newsletter 60 - 29/01/2016
. marked improvement in economic sentiment by 4 points to 91.6 in January, its highest reading since... proposals. Ahead of the latest general strike on February 4, farmers in particular have been stepping... islands to prevent them simply moving on en masse to other parts of Europe. On this subject, a lot
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Labour Ministry 2015 data shows increase in employment, marginal drop in average wage
Economythere were also 2,571 firms from the wider public sector that operate under private law. In addition 4... euros in 2015. The report showed 22.5 percent were part-timers, 4 out of 10 received a salary up
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Newsletter 62 - 12/02/2016
percent of GDP, Greece needs to take measures in the order of some 4–5 percent of GDP (up to 8.8 billion... government, which recently marked its first anniversary in power. During the February 4 general
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Newsletter 66 - 11/03/2016
CPI was mainly driven by a decrease in housing prices by 4.7 percent, followed by transport (-4... and restaurants (+2.6 percent). Housing and transport saw drops of over 4 percent. 2 One for one, none for all... of sending back asylum seekers en masse to Turkey, a country that neither properly recognises them
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Greek tourism's long-term growth prospects are good, report shows
EconomyMacroeconomyeconomic report of the World Travel and Tourism Council (WTTC). The long-term forecast points to a 4... long-term growth of around 4 percent in 2016-26 stands slightly lower than the world average
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