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Tsipras pledges array of tax cuts, hopes for break on pensions
PoliticsGreek Politicsit to our European partners at the European Commission, where we will present, like all eurozone
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Lenders appear at ease with Tsipras pledges, cautious on pension cuts
EconomyProgrammethe lenders’ side to the measures announced by Tsipras, with European Commission president Jean... as part of the European semester, leading to a confirmation of what fiscal space
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Mitsotakis prepares to unveil economic plans, leave imprint ahead of elections
PoliticsGreek Politics, similar to the ones that are used by other European countries, which would allow extra savings... of Article 7 proceedings against the Hungarian government in the European Parliament. “New Democracy
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Card transactions in Greece experience boost due to capital controls
EconomyBankingPayment statistics by the European Central Bank released last week have revealed that card payments in Greece experienced notable growth in recent years. The capital controls introduced in the summer..., they still lag behind many other European countries, pointing to more work needing to be done to embed
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Mortgage loans a key piece of NPL reduction puzzle
EconomyBankingwith European banking authorities at between 50 and 40 billion euros by the end of 2021, or the equivalent... at the start of September, the European Central Bank’s Governing Council member Benoit Coeure said that one
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Tsakalotos states case on pension cuts in bid to overcome lenders' reluctance
EconomyProgrammefor up to 300,000 families from next year. Athens also argues that the European Commission’s Ageing... rather than the European institutions. For some policy makers, the difficulty is not in accepting
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Strong receipts push travel balance up by 15.9 pct in July
EconomyMacroeconomyby 6.6 percent to 597.5 euros from 560.5 euros a year ago. Travel receipts from the 28 European... non-euro areas within the EU 28 increased by just under 10 percent to 1.8 million, while non-European
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VAT revenues up in 2016 but rate hikes fail to close gap of 29 pct
EconomyFeaturesThe European Commission's VAT Gap report has revealed that high rates of VAT in Greece appear to have fed tax avoidance rather than close the gap between expected and actual revenues. Out of the European Union countries surveyed, Greece fared among the worst in terms of its VAT shortfall, at 29.2
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Athens prepares 2019 draft budget amid pension cuts dilemma
EconomyProgrammeto include the cuts in the draft, which is also due to be sent to the European Commission two weeks later... by European officials that there is unlikely to be a decision on whether the measure can be scrapped
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Draft budget contains two scenarios on pensions, charts course within agreed fiscal targets
EconomyMacroeconomy, although Greece is now under the European Commission’s enhanced surveillance framework following the debt relief measures agreed at the June Eurogroup. Greece is now part of the European semester
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