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  1. Newsletter 105 - 03/02/2017

    Newsletters

    this is not enough to bridge the gap of some 4 billion that the IMF projects for after 2018, Athens... For every 4 billion euros collected in revenue, 1.16 billion remains unpaid each month New unpaid taxes... estimate that for every 4 billion in collected revenue there is 1.16 billion in unpaid taxes each

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  2. Newsletter 106 - 10/02/2017

    Newsletters

    government (GG) primary cash surplus rose by 1 billion to 5 billion euros in 2016 from around 4... 4 billion euros, in contingent measures to be legislated now. This probably more than the coalition... of the index, fell by 1.9 percent, while water supply production also declined by 1 percent

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  3. Newsletter 209 -07/06/2019

    Newsletters

    have an estimated impact of around 1 percent of GDP, or 1.8 billion euros, and is seen as being..., neo-Nazi Golden Dawn with 4 to 6 percent, while ultra-nationalist Elliniki Lysi (Greek Solution... to gain between 2 and 4 percent. Pulse RC also published two scenarios regarding how the seats

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  4. Newsletter 262 -04/09/2020

    Newsletters

    10-year benchmark yield from below 1 pct to close to 4 pct in mid-March, until the ECB announced... on the adverse scenario for this year of 8-9 pct recession, with recovery of 4 pct next year, although... in the local media, the government is aiming to spend 1 to 1.5 billion euros on arms and equipment

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  5. Omnibus bill goes to Parliament as Greece seeks to unlock 2 bln sub-tranche

    EconomyProgramme

    . The key measures included in the draft legislation are as follows: Pension 1) The statutory retirement age limits gradually increase as of August 19 until January 1, 2022. 2) The minimum pension amount will not be granted to those retiring after July 1, 2015, who have not reached the age of 67

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  6. Newsletter 219 -13/09/2019

    Newsletters

    at the Thessaloniki Expo over the weekend his goal of achieving a growth rate of around 4 percent of GDP... workers will be reduced from July 1 next year. Mitsotakis said the aim is to bring them down by 1... in those employed, bringing the total to 3.96 million. The number of long-term unemployed (over 1 year

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  7. Greek 2013 primary surplus confirmed at 1.5 bln euros

    Economy

    deficit of 8.7 percent, if interest payments amounting to 4 percent are excluded. According... debt, 1 billion to reduce state arrears and 500 million would be given as a “social dividend... the reduction of social security contributions by 3.9 percentage points (2.9 for employers and 1

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  8. Stock taking: Where is the Greek economy now?

    Agora

    events in our daily lives.[1] This also holds true for thinking about the macroeconomy of Greece. We can... long-run visibility is needed. Productivity: We have spent no less than 4 out of 7 previous blogs... an aspirational objective of around 1½ percent a year (see our blogs 5, 6, and 7 for more details

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  9. Where is Odysseus? Part 5 - Productivity
    Photo via https://flic.kr/p/2cusZTV

    Agora

    on the macroeconomy of Greece.[1] In blog 16, we updated Greece’s demographic projections and found... is more easily transmitted in graphs than in lengthy complex tables. Employment. Consider Figure 1, below....[2] The dotted line in Figure 1 shows the employment path that was anticipated in Odysseus’ 2018

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  10. No time for Tsipras to celebrate as long list of tasks means pressure is on from start

    EconomyProgramme

    of farmers. Other key deliverables for October include: 1) Reform of the income tax code (ITC) also... taxation. 4) Extension of Gross Gaming Revenues of 30 percent on Video Lottery Terminals (VLTs). 5... include legislation for: 1) Equivalent measures to fully compensate for the court ruling ordering

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