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In survival bid, coalition seeks to ease taxpayer burden, secure early bailout exit
PoliticsGreek Politicswith. NPLs currently stand at 77 billion euros, of which 42 billion relate to the corporate loans. The scheme can only be put together after the results of the European Central Bank’s stress tests
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Newsletter 21 - 27/03/2015
unpopular. However, as the government appears to have put its relations with creditors “back on track... challenging fiscal conditions. Local media note that the thorniest issues so far relate to changes in VAT
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Deposit rates stable, avg loan rate below 5 pct for first time since 2002
EconomyMacroeconomy). The February rate is the second lowest reading during euro membership, while the marginal rise put an end.... On the corporate lending sector, the most important monthly movements relate to a 36 bps drop to 4.86
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Newsletter 30 - 12/06/2015
will put togther a face-saving deal at the last minute. There were reports on Friday that Greece had..., respectively. These figures relate to private sector deposits, while general government outflows reached 4.5
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Clock ticks on bailout review but big gaps remain between Greece, lenders
EconomyProgrammethat put the fiscal outcome of this year at risk. The first set of measures includes: a) imposition... interventions, which still require parliamentary approval, relate to the increase in the income tax rates
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Newsletter 66 - 11/03/2016
the potential it could fail, leaving Greece alone and holding its head. The plan put on the table... relate to the establishment of the new privatisation and investment fund, reform of the income tax code... of sending back asylum seekers en masse to Turkey, a country that neither properly recognises them
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Parliament's budget office highlights economic challenges beyond bailout
EconomyMacroeconomyand the investments linked to the funding package put together by European Commission President... to be addressed relate to the chronic problems of the Greek economy’s institutions and mechanisms, PBO stresses.
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Lenders agree new loan disbursement, piecemeal approach to debt relief
PoliticsGreek Politicsthe government will reportedly have to lift the protection it put in place for state-guaranteed loans... relate to debt management and consist of the smoothening of EFSF maturities, which currently stand
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Study estimates tax evasion costs taxpayer up to 16 bln annually
Economyto be worth 0.5–0.6 percent of GDP in total. The study also put the shadow economy in Greece at 22.4... relate to multiple laws and complexity of the tax system, lack of fairness among taxpayers, continued
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Lenders flag up minimum wage, trade union law among issues to be examined in next review
EconomyProgrammeby the government - relates to the restoration of collective bargaining, while the other two issues were put... in the context of the second programme review. These reforms mainly relate to the minimum wage, employee
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