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This is how things stand as bailout talks head for a brief pause
EconomyProgramme1 percent of GDP. On pensions, on top of the measures already implemented last summer, which are meant to yield 0.5 percent of GDP, an additional 1 percent is required for the next years. Half... for farmers and the self-employed. Tax Tax measures, which are expected to yield 1 percent of GDP
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Athens grapples with awkward reduction of tax-free threshold
EconomyProgrammelegislated last May an income tax reform yielding 1 percent of GDP by 2018. This included an increase... of 7,723 euros), Greece could achieve 1 billion euros in savings that could sustainably finance... euros. The incremental revenues are seen at 1.8-2 billion euros (around 1 percent of GDP
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Newsletter 117 - 05/05/2017
and pensions (68 million) and halving the heating oil allowance. The pension savings of 1 percent of GDP... cuts of up to 18 percent, while the tax reform – which is expected to yield 1 percent of GDP... increase in 2019 and tax relief in 2020, each worth 1 percent of GDP. The targeted social expenses
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IMF sets out why it stands apart from eurozone on long-term growth prospects
EconomyProgrammefor growth, which the IMF does not see exceeding 1 percent over the next half-century even if structural..., which implies an annual reduction of Greece’s labour force just short of 1 percent (0.9 percent) each... the -0.5 starting point and achieve even the modest 1 percent growth that the IMF estimates
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CPI grows by 0.7 pct in October, positive for 10 successive months
EconomyMacroeconomythe 1 percent rise of September, Hellenic Statistical Authority (ELSTAT) data showed on Thursday... index of consumer prices (HICP) eased to a rise of 0.5 percent in October compared to a 1 percent rise... rose by 0.1 percent in October, driven mostly by rises in the price of clothing and footwear (+1
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Supplemental MoU sets out path for maintaining fiscal sustainability
EconomyProgrammeworth 1 percent of GDP each will be implemented. This was a discussion that was conditional... will be 1:1. IAPR will also be able to benefit from the public sector mobility scheme, with full... welfare, on top of the existing pension reform that is seen yielding 1 percent of GDP by 2018
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Budget primary surplus confirmed at 2.05 bln in July on lower PIB expenditure
EconomyMacroeconomy. Despite coming to a deficit, the balance beat its target by just over 1 billion euros. On a monthly..., above target by 188 million euros. Tax refunds rose by just under 1 percent to 2.33 billion, below..., while VAT revenues also rose by 1 percent to 9.12 billion. On a monthly basis, indirect taxes rose
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General govt primary cash surplus at 2.91 bln in Feb, arrears rise by 83 mln
EconomyMacroeconomytransfers which increased strongly by 1 billion to 2.01billion euros from 1.01 billion a year ago...) and extrabudgetary funds (-1 million). Increases were noted in hospitals (+87 million) and local governments... of the total. Bank of Greece lending edged up by 1 million in February and came to 2.38 billion, which
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Newsletter 254 -19/06/2020
of State Giorgos Gerapetritis hinted that the changes may be announced sometime after July 1, once... to be announced between July 1 and the Thessaloniki Expo in early September, with more precise... quarter-on-quarter (QoQ). The number of unemployed came to 745,093 in Q1, staying below the 1 million
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Newsletter 277 -11/12/2020
slight 1 million. 2 Unemployment rate at 16.1 pct in Sept Rate for same period in 2019 stood at 16.9... by 1.04 bln month-on-month as debtors rise New tax debt totalled 4.94 billion, lower than the figure... at 107.41 billion. This represents a rise of just under 1 billion euros month-on-month. CPI falls
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