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Newsletter 185 -30/11/2018
euros, as measured by the tax authorities, will see a 30 percent reduction in what they have to pay... specifically, the level of exposures that are unlikely to pay and those in delay between 1 and 90 days are important indicators for the direction of credit risk. Unlikely to pay exposures stood at 27.8
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Greeks dissatisfied with benefits scope and access, OECD survey finds
Societythey pay. Regarding the statement “I feel that I receive a fair share of public benefits, given the taxes and social contributions I pay”, most Greek respondents disagreed or strongly disagreed... percent said that they would be willing to pay more tax if it meant improved healthcare services
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Newsletter 201 -21/04/2019
Eurogroup nod allows next move Govt aims to pay off some IMF loans early after receiving 1 bln from...) to pay off some of Greece’s International Monetary Fund (IMF) loans before they mature. Greece... of the programme. The disbursement would also allow the government to move ahead with its plan to pay
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Newsletter 220 -20/09/2019
’ mission chiefs due in Athens on Monday Greece also submitted an official request this week to pre-pay... activity this week centred around plans to pre-pay almost 3 billion euros to the IMF ahead of schedule... repayment schedule, Greece is due to pay 2.1 billion euros per year up to 2021, dropping to 1.9
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Athens prepares to send draft budget to Brussels, lines up next tax measures
PoliticsGreek Politicsthat it will be around 300 million euros per year. Gerapetritis, said that back-pay would be awarded... many recipients there would be. The government will try to pay the majority of the back-pay
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Government opts for modest tax relief, but who will benefit?
EconomyFeaturesand with earnings above the threshold could pay between 30 and 47 euros less tax annually thanks...-employed workers, who do not receive a personal tax credit, will pay the reduced base tax rate... to experience only a small increase in their disposable income - enough perhaps to pay for a couple
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Govt offers pensioners 1.4 bln in backpay, opposition questions decision
PoliticsGreek PoliticsThe long-awaited decision on compensating pensioners for retirement pay cuts ruled unconstitutional... might adopt a more generous interpretation of the ruling and award back-pay universally.... Pension back-pay is not the only legacy of the financial crisis that the government is having
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All eyes on Piraeus as share price tumbles amid coupon payment concerns
EconomyBankingthat took place in 2015, Piraeus Bank had issued 2 billion euros of convertible bonds (CoCos) that pay... Central Bank regulations as part of the pandemic-related framework, banks are not allowed to pay out... on the ability or not of Piraeus Bank to pay the CoCos coupon. The bank has set aside 165 million
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Government determined to push through hospital reforms in pre-election legislative sprint
PoliticsGreek Politicswith an average 10 pct pay increase for hospital doctors. The reaction from doctors’ representatives has... to compensate for inadequate pay. Protesting doctors occupied the Health Ministry on Tuesday demanding... hospital doctors by offering better pay and more attractive terms. The Panhellenic Doctors’ association
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ND warns of fiscal risk from SYRIZA pledges as Tsipras takes heart from Cyprus polls
PoliticsGreek Politicsto introduce inflation-linked pay rises for public sector workers, cuts to fuel duty and VAT... to elections. On Tuesday, Mitsotakis will address Parliament in support of a special bill on armed forces pay... the measures, which include a new pay scale and special benefits for the armed forces, to the death
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