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Newsletter 111 - 17/03/2017
), who did not have to pay any personal income tax in 2016, would have to pay as of 2019, assuming.... The IMF has demanded a reduction in the tax-free threshold, aiming for additional revenues of 1 percent of GDP (1.8 billion) as of 2019. This would entail pushing the tax-free threshold down
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Increase of 11 pct in minimum wage to have knock-on effect in economy
Economyminimum wage of 650 euros gross translates into 546 euros net pay and is almost 64 euros higher... will see pay rises as their salary is based on the minimum wage. Knock-on effect Additionally..., surpassing the upper threshold of the committee of wise men that had recommended a rise between 5 and 10
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Government and banks reach deal over new scheme to protect main homes
EconomyProgrammehaircut if the residual amount they have to pay on their housing loan exceeds 120 percent of the value... by banks will be able to take their case to court but will have to pay 30 percent of their monthly... government officials on Thursday night. The agreement means that the protection threshold in terms
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Greece's lenders adopt cautious approach to new government
EconomyProgrammePresident Jeroen Dijsselbloem devoted most of his remarks at the follow-up press conference on Greece. “We..., those figures are known it is clear that his remarks reminded the official eurozone view that Greek
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Athens looks to Draghi for positive signals on debt relief
PoliticsGreek Politicspurchasing bonds. Thank you.” The timing of Draghi’s remarks could not have been more critical....” She added: “The government considers the remarks made by Mr Draghi to be helpful. It’s a major
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Pandora's box ajar for Turkey and Greece?
Agora" but his Lausanne remarks made an unannounced visit. He is a man not known for mincing his words but were the Lausanne Treaty revision remarks planned beforehand? Did Erdoğan take an impromptu step
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PM hopes for return to normality by summer, but vaccine progress remains slow
PoliticsGreek Politicsby the end of the summer. In his remarks, Mitsotakis shrugged off the focus on daily vaccination... have supported jobs through aggressive furlough schemes”, Mitsotakis noted in his Davos remarks
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Initials signs for Greek-Turkish exploratory talks seem unpromising
PoliticsForeign Policycontinue our talks?” Erdogan's statements came following Mitsotakis’s remarks last Monday in Nicosia... of stability in the region.” In his joint remarks with his Iraqi counterpart in Athens, Dendias also
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New Democracy comes out fighting against Tempe censure motion
PoliticsGreek Politicsprompted the censure motion. In his remarks, Voridis also sought to undermine the credibility of SYRIZA... that it was stripping a former MP, Michael Tamilos, of his membership for remarks he made to local media
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Cyprus invasion anniversary generates new friction in Greek-Turkish relations
PoliticsForeign Policy– that both sides will avoid making remarks that would rile each other. “I told him [Mitsotakis] that there won’t be remarks that will irk either side and he said he shared the same view. However, Defence
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