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  1. Gov't unveils bill to overhaul pension system, increase income tax revenues

    EconomyProgramme

    . · The contributory pension (variable part) is funded by insured contributions and is based on the average

    3%
  2. Stable credit standards for loans in Q1, small uptick in demand for SME and housing lending

    EconomyMacroeconomy

    Credit standards for both corporate and household loans remained broadly unchanged quarter on quarter (QoQ) in Q1 of 2016, according to the Bank of Greece’s (BoG) bank lending survey. This was the fifth edition of survey, which was published in Q1 2015 for the first time and is mainly based on data

    3%
  3. Greek 2015 primary surplus at 0.7 of GDP under programme method as Athens looks for boost

    EconomyMacroeconomy

    Greece’s statistical authority (ELSTAT) released on Thursday the final fiscal figures for the 2012 – 2015 period based on the ESA 2010 methodology. According to ELSTAT, Greece’s general government closed last year with a deficit of 12.75 billion euros, with the state recording a deficit of 12.71

    3%
  4. Pension and income tax reform bill sets out 4.4 bln in new measures

    EconomyProgramme

    million. 2) New methodology for calculation of self-employed contributions based on declared

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  5. Asking Greece to stack more austerity measures ignores past failings
    Photo by Harry van Versendaal

    Agora

    up the starting point of Greece’s fiscal effort by an extra 3 percent of GDP. Based

    3%
  6. Greeks' confidence in democracy faltering, survey suggests
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    by the Public Opinion Research Unit of the University of Macedonia on behalf the Thessaloniki-based

    3%
  7. Compromise emerges on liberalisation of NPL market
    Photo by Harry van Versendaal

    EconomyProgramme

    based around the value of the property and owners’ incomes. For housing NPLs, the threshold under

    3%
  8. Davutoglu departure prompts concern about Turkish unpredictability in Athens
    Photo via @NatashaBertaud

    PoliticsForeign Policy

    with the Europeans during negotiations. According to EU sources, the proposal based on the one-for-one (meaning

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  9. Greece and lenders edge closer at Eurogroup but standby measures, debt relief not resolved yet
    Photo by EU Council Eurozone https://flic.kr/p/sspzHv

    PoliticsGreek Politics

    this position and the European lenders seem confident they can convince the Washington-based lender

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  10. Outline of fiscal mechanism for automatic cuts emerges after Eurogroup

    EconomyProgramme

    The outline of the mechanism that will trigger automatic fiscal interventions to ensure Greece’s programme is on track has emerged following Monday’s Eurogroup in Brussels. It appears that the mechanism will be based on the Greek side’s proposals and will mean that Athens will not have to legislate

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