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  1. Pension reform to be one of new government's toughest challenges in next weeks
    Photo by MacroPolis

    EconomyProgramme

    government had voted on July 15 a series of pension reforms, which mainly included: 1) An increase... and benefit payment procedures across all funds. 7) Gradual harmonization of the pension benefit... will further lower their cost with preliminary estimates calling for a 15 percent average cut in existing

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  2. No let up ahead in terms of fiscal demands for new Greek government

    EconomyProgramme

    Monday of each October and has to be submitted to the European Commission by October 15. During... (VLTs). 5) Increase of the tax rate on income for rents for annual income below 12,000 euros to 15... to 2018. 7) Better target eligibility to halve heating oil subsidies in 2016 budget. 8) Permanently

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  3. First review completed but more prior actions lie ahead for Greece

    EconomyProgramme

    has reportedly committed to 15 prior actions that have to be implemented by the end of October... for the tranche disbursement also meaning that the second programme review would be delayed. The 15 prior... Deutsche Telecom signed an MoU on June 7 for the sale of a 5 percent stake within July. The state holds

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  4. Stocks climb 4.8 pct on increased optimism about deal with institutions
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    this week was recorded by Ellaktor (+15 percent), Eurobank (+15 percent), Piraeus (+13.3 percent... an equal amount of senior notes due in 2019. PPC releases its 2016 results on April 7. No other major

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  5. Newsletter 166 -15/06/2018

    Newsletters

    of around 15 billion euros to boost the cash buffer, ensuring that Athens does not have any financing... of maturities will be set at 15 years but will be reduced by 2 years for each 5 billion euros... permits), falling by 7 percent compared to the same time last year. Building permits fell by 2.3 percent

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  6. General govt primary cash surplus at 2.82 bln in July, arrears unchanged
    Photo by MacroPolis

    EconomyMacroeconomy

    governments (-16 million). Tax refund arrears rose by 84 million, followed by a 15 million euro rise... billion to 51.58 billion, representing 15 percent of the total. The current month’s fall in bonds... 7 percent of the total. In the year-to-date, repos have risen by 8.54 billion euros. Bank of Greece

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  7. Newsletter 186 -07/12/2018

    Newsletters

    to a report in To Vima weekly last weekend, Greece will look to raise 7 billion euros from the markets... and services rose by 15 percent YoY. Broken down by component, imports of goods rose by 15 percent

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  8. Annual report shows majority of debt in official hands on favourable terms
    Finance Ministry

    Economy

    percent and GLF loans at 15 percent. Bonds made up 14 percent of all loans and repos represented 7... support programme led to the release of the final 15 billion euro tranche. Of this, 9.5 billion

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  9. A sudden turnaround that could lead to sharp shock
    Photo by MacroPolis

    Agora

    to close a fiscal deficit of 36 billion euros, or 15 pct of GDP. How the economy reacted to that shock... billion euros. During the global crisis of 2009, Greek exports of goods dropped by 15 pct, while oil... pct assumption puts at risk more than 7 billion euros of GDP. The experience of 2010 and 2011 makes

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  10. First challenges for tourism plan, as public relaxes approach to virus
    Athens Airport metro

    PoliticsGreek Politics

    to enter Greece without routine Covid-19 testing from June 15, when airports reopen fully... passengers are subject to compulsory screening and self-isolation (7 days for those testing negative..., around a quarter believe that they were too strict, and 15 percent think the lockdown is being

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