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Direct taxes jump by 46 pct to help Sept. revenues beat target for third month in row
Economystrongly in September more than offsetting another weak set of indirect taxes. After a stronger bottom... expenditure (2.0 billion) and - to a lesser extent – lower tax refunds (552 million) more than offsetting... targets) meeting annual targets, implying that an incremental amount of more than 2 billion should
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Scars for coalition, questions for SYRIZA after confidence vote
PoliticsGreek Politicsformer coalition partner Democratic Left voted “present” rather than express support... unexpected decision to submit the 11th censure motion to Greek Parliament in the last 26 years than... society. Having apparently hit a ceiling of no more than 30 percent in opinion polls, SYRIZA
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Support finely balanced as coalition enters make or break December
PoliticsGreek Politicsof homes with a value of less than 200,000 euros. It is a sign of the pressure the government feels... reminiscent of the Greek left than the technocratic finance minister and the coalition he serves... New Democracy 0.2 percentage points ahead of SYRIZA in a poll carried out less than two months
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Two hurdles left for coalition this year before bigger challenges in 2014
PoliticsGreek Politicsbe no bigger than 270,000 euros The Ministry also proposes that those with a household income of less than 15,000 per year should pay a monthly mortgage payment of 10 percent of their net monthly income... are presumably softer than those that would have been demanded by the troika, which wanted
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Greece in 2014: The risks and opportunities of moving forward
Agorain this respect (more than 27 per cent of total official lending to Greece) – the question many ask... in 2013. More than 70 billion euros were reached at the end of the year, an increase of over 20 billion... different time frame and set of investment components. In more ways than one Greece is at a cross roads
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The Cyprus bailout is different, not only due to the bail-in
Agorabailouts in more ways than just the bail-in of uninsured depositors at the country’s two major banks... is in the detail: privatisation is put in a very different framework than in Greece, avoiding... more expensive for Cypriot companies and individuals than other destinations since they also have
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Unemployment hit new high of 27.8 pct in October, set to rise further
EconomyMacroeconomymillion after recording declines in August and September. Greece currently has less than 3.6 million people in employment to support more than 4.7 million unemployed and inactive, an unsustainable ratio... impacts more than half of those between 15 and 24 looking for a job with the rate standing at 57.9
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One in two Greek households rely on pensions to make ends meet
Societyis out of work. However, even more alarmingly, only 9.8 percent (less than 200,000) receive unemployment... in their payments to the state, banks, social security funds or public utilities due to money shortages. More than... and 2013, which is higher than Hellenic Statistical Authority (ELSTAT) figures suggest. Nine in 10
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Goalposts shift as European elections near and SYRIZA cements lead
PoliticsGreek Politicscoincide with the second round of the local vote, rather than the first. This move carries great... in the European Parliament will be shared out more widely among the parties than they have been..., will gain these sorts of percentages in May and that the seats will be shared out among more than four
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Greek justice slower despite reform efforts during crisis
Society. It indicated that the performance of the country’s judicial system had actually deteriorated rather than.... There were 2,547 judges in 2012, which was 22 percent less than in 2010. Courts also employ another 5,327... is considerably lower than the EU average of 45,578 euros.
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