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Are we taking Greeks' devotion to the euro for granted?
Agorafor the euro in Greece remains strong,” may be the counter-argument to this gloomy set of data... on the subject by Greek polling firm Public Issue. A poll published in May indicated that 54 percent..., the odds may change dramatically. We witnessed last summer how people who feel they are in a dead
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The key elements of the draft agreement between Greece and lenders
EconomyProgrammethat the MTFS 2018-2021 has to be legislated by May 2017. In the context of tax policy reforms... of 90 days the number of mass layoffs may exceed 20 regardless of the number of employees. The draft... May 12 and October 31 have to be recalculated and processed by the end of February 2017. Financial
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Tsipras bet on recovery a long shot but offers better odds than snap polls
AgoraDemocracy would like to see play out, including the failure to conclude the second review. It may... may pull another surprise this time around. The fear that just as his rhetoric regarding Greece’s... of the crisis once and for all,” he said. Even at this difficult juncture, when he may be tempted to dump
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Tsipras gets no encouragement from lenders, left to consider next move
PoliticsGreek Politicsdebt relief measures) for the government to complete the review as it may consider that it will gain... government may take on board in its decision-making progress is that Donald Trump will be inaugurated... that in the uncertainty that may be created by Trump’s first weeks in power, the eurozone will be keener
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Newsletter 101 - 23/12/2016
on the relationship between the coalition and the The recent handouts to pensioners may be seen... that the Greek state has a right to give its approval in such cases but that the law is too vague and may... to go to snap elections. The recent handouts may be seen as preparing the ground
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Athens settles pension handout row, looks for review progress
EconomyProgrammechanges to the pension reform agreed with the eurozone institutions and voted by the Parliament in May..., the authorities may - in agreement with the institutions - consider the use of the available fiscal space.... The EWG will also take stock of the progress in negotiations on the second review and may also decide
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Athens holds back proposal details ahead of Thursday's Eurogroup
PoliticsGreek Politicsof the Eurogroup may reflect concerns in Athens about revealing the Greek hand too early, especially..., it may also be due to concerns about fuelling a four-day domestic debate about potential measures before... the government about the concessions it may have to make in order to reach an agreement with the creditors
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Athens searching for compromise formula should IMF remain on board
PoliticsGreek Politics2018, there are indications that it may be willing to soften its stance. Reports suggest that Athens may be willing to concede ground on the lowering the tax-free threshold for personal incomes.... Athens may argue that the lowering of the tax-free threshold will be enough to cover the fiscal gap
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IMF examines where programme went wrong, what lessons were learnt
EconomyProgramme, while fiscal multipliers may have been underestimated. As a result, the initial fiscal objectives...) with pension expenses rising significantly relative to GDP. In addition, VAT rate hikes may have... may have undermined the growth potential of the taxpaying corporations. Meanwhile, tax evasion
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IMF examines how Greece accumulated large pile of unpaid taxes and contributions
EconomyProgrammealso notes that the downturn may have also incentivised tax evasion, while taxpayers under economic strains may have perceived that the downside risks of tax evasion (such as fines and penalties) could be smaller than the potential gains such as avoiding bankruptcy. In addition, taxpayers may have
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