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Newsletter 70 - 15/04/2016
are that the Greek government is keen to find a solution and to close the review as soon as possible. Rather than... be less stringent than if the IMF is involved. Also, the tabling of the legislation is not quite... to full-time employment, more than 38 percent to part-time and the remaining 16 percent to shift work
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The diversions of the past
Agoraan opportunity to decry the government’s poor record in ensuring law and order at refugee camps up... caused deaths in Greece recently rather than terrorism that identifies itself with Marxist, or other..., such as Revolutionary Struggle, have not killed anyone by luck rather than design in recent attacks
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What Greece’s draft agreement with lenders foresees on labour and pension reforms
EconomyProgrammeunion, at least 60 percent of the workforce should be represented in order to have the right... more than 20 and less than 100 workers, at least 10 percent of the workforce for firms employing between 100 and 300 employees and at least 30 for enterprises employing more than 300 workers. The same
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Survey shows 42 pct of Greek expats unlikely to return
Society. Almost 20 percent earned 41-60,000, 14 percent 61-100,000 and 10 percent earned over 100,000. In order... or work in tourism businesses. More than half of those surveyed (53 percent) are employees, 17... enough in engaging its highly talented diaspora, rather than considering a lost generation. It cited
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IMF hints at flexibility as debt relief talks continue
PoliticsGreek PoliticsDemocracy did seize the opportunity to press home its law and order agenda, an area in which it feels... a constructive role in securing a better compromise offer for Greece than the one put forward... the Fund in order for there to be a deal. During a press briefing on the same day, IMF spokesman Gerry
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Ahead of IMF Spring Meetings, questions remain about conclusion of programme
EconomyProgrammethat the primary surplus goals from 2023 onwards should not be any higher than 1.5 percent of GDP... (worth 1 percent of GDP) as well as the 1 percent of GDP in pension cuts in 2019 in order to meet its... in order to reach next year’s goal. Before there can be an agreement on debt and fiscal targets, though
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The race to reduce Greece's bad loans
EconomyBankingsales. In order to be on track, the target for banks by the end of 2019 is 35 percent. Action..., 1.3 billion lower than the target of 93.6 billion. NPL stock came to 63.9 billion, landing exactly... NPLs came to 35 billion euros, around 600 million lower than the target. Residential NPLs landed
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Banks submit new NPL targets to SSM, with sales leading way in reduction drive
EconomyBankingwould be obliged to have their banking information made known to the banks in order to identify..., 1.6 billion lower than the target of 90.2 billion. The new targets encompass current reduction goals... into place. These include an improvement in the economy in order to avoid the creation of new NPEs while
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Athens aims for November agreement with lenders on pension cuts
EconomyProgrammeto be pressing for the discussions on next year’s pension cuts to be discussed officially, rather than... to raise the tax-free threshold from 2019, rather than 2020 as had been previously agreed. In private, Greek government officials have shown a willingness to compromise with the creditors in order
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Newsletter 181 -2/11/2018
is thought to be pressing for the talks on next year’s pension cuts to be discussed officially, rather than... and allowing voters, rather than MPs, to elect the Greek president. During his speech to SYRIZA MPs on Tuesday, Tsipras addressed both issues but adopted a less absolute position than his party has
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