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Govt looks for ways to manage promised tax cuts as Mitsotakis continues European charm offensive
PoliticsGreek Politicswith the institutions there will be additional space available to reduce the basic income tax rate from 22 to 9... of September, with the government aiming for a growth rate of 2.2-2.3 percent of GDP for 2020. A cross
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Consumer confidence hits 19-year high, ESI highest since 2007
EconomyMacroeconomyto 28.8 points, the highest rate since March 2008 when the rate came to 31.7. Year-on-year, the service
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Mitsotakis takes growth message to Thessaloniki, keeps eye on bond profits
PoliticsGreek Politicsfurther tax cuts, including the reduction of the corporate tax rate from 28 to 24 percent and the lowering of the introductory rate for income tax from 22 to 9 percent. Some reports suggest
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Is Greece facing a new migration crisis?
Societysince 2013, according to the Greek asylum service. This corresponds to an approval rate just over... Greece to Turkey since 2016. The rate of deportations has been declining since 2016, with Turkey
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ND unveils development bill it sees as catalyst for growth
PoliticsGreek PoliticsThe government has unveiled its development bill, which New Democracy hopes will act as a catalyst for greater investment in Greece, accelerating the growth rate and delivering the improved economic... and to attract investments. This is a vital element in the drive to achieve the 4 percent growth rate
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Turnover in services shows improvement in Q2 2019
EconomyMacroeconomythe services index rose by 6.7 points month-on-month to 28.8 points, the highest rate since March 2008 when the rate came to 31.7. Year-on-year, the service confidence indicator has improved by 16.9 points.
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Athens launches drive to pre-pay part of IMF loan, bringing budget benefits
EconomyProgrammecountries are the ESM’s shareholders and need to provide the necessary waivers. The IMF’s lending rate is the SDR’s interest rate plus 100 basis points, however loans made by the Fund that exceed
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ND promotes positive narrative abroad, away from inquiry clash at home
PoliticsGreek Politicssignificant investments, will boost the economy and lead to the grow rate beating expectations from..., the collectability rate stood at 75 percent. Finance Ministry officials say that the challenge is to raise
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Fiscal issues dominate talks as fourth post-programme review ensues
EconomyProgrammesuch as the lowering of the tax rate for corporations by 4 percentage points and the entry tax rate
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Fourth review talks conclude with fiscal differences remaining
EconomyProgrammein his Thessaloniki Expo speech. These tax cuts include a reduction in the corporate tax rate by 4... entry rate to 9 from 22 percent. The Greek ministry has been arguing during the talks that the direct
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