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Athens and lenders yet to agree on how to drop pension cuts without creating fiscal gap
EconomyMacroeconomywas the equivalent of 1 percent of GDP, or 1.8 billion euros. Athens expects that it will beat its.... It also expects an excess surplus of 122 mln next year (total primary surplus at 3.56 percent of GDP
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Athens ready to start legislating fiscal measures despite ongoing talks over 2019 budget
EconomyProgrammethey expect in 2019 if the 1 percent of GDP in pension cuts does not go ahead. It has been suggested... a combined total of 253 million euros. This is still short of the reported fiscal gap
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Parties locked in tug of war over troubled universities
Societyof 4,000 first year places was announced for the 2018/2019 academic year, raising the total... students (the average is 1 to 15). Despite the difficulties, Greece has one of the highest proportions
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Athens prepares final 2019 budget after green light to ditch pension cuts
EconomyProgrammepercent of GDP next year without cutting pension spending by the equivalent of 1 percent of GDP... to reports the final total will come to 920 million euros. When the budget is published, it will become
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Tsipras points to tax cuts as example of bailout exit benefits
PoliticsGreek Politicsto 150,000 euros. Overall, almost 6 million taxpayers, or 87 percent of the total, will see some kind... of the counter-measures agreed in return for cutting pension spending by 1 percent of GDP. Given
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Trade deficit grows by 5.7 pct in Nov, aggregate increase at 1.6 pct
EconomyMacroeconomystripping out the impact of oil products and the value of ships, imports and exports grew by 1 percent... a rise of 1.6 percent in the trade deficit, bringing the total shortfall to 20.18 billion
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Lenders put spotlight back on pending reforms ahead of second post-MoU review
EconomyProgrammeloosening of capital controls on October 1 was also noted in a positive light. However, the report... publishing. Unnamed sources quoted in Kathimerini on Thursday said that Athens has a total of 46 actions
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Increase of 11 pct in minimum wage to have knock-on effect in economy
Economyeuros currently, effective from February 1. This represents a rise of close to 11 percent... paid. The total cost is higher for married workers who have experience, with the social security
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EC report notes economic imbalances and outlines remedies
Economyremains weak. In 2017, the current account balance recorded only a 1 percent deficit. However... sustainability given the large share of public debt in total foreign liabilities. The stock of NPLs
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Government move over primary residences raises questions
PoliticsGreek Politicson the total assets held by the borrower; the timing of the default; and the window during which applications... lead to the April 5 Eurogroup not giving the green light for almost 1 billion euros in debt relief
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