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Concerns raised about next year's pensions cuts
EconomyFeaturesrate, pensions consume a notable amount of state funds each year. According to the Organisation
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Newsletter 163 -25/05/2018
measures, which include the base income tax rate dropping from 22 to 20 percent and the scrapping
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Eurobank net profits at 34.5 mln in Q1
EconomyBankingby around 1.3 billion QoQ to 25.9 billion, while the group figure rose at a more modest rate of 200
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Key debt relief talks fail to result in deal, leaving IMF role in doubt
EconomyProgrammeJune. The other debt relief measures under consideration include abolishing the step-up interest rate
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The first cut is the deepest? Greek pension reforms in context
EconomyFeaturesand unsustainable, and demographic trends are making it even worse. Greece currently has the highest rate
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What the ECB did next - a tale from another crisis
Agoraas the interest charged by the ECB is much lower than any available commercial rate. The ECB blocked
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Coalition hails multi-bill as start of clean break, opposition sees more of the same
PoliticsGreek Politicsrather than growth. The statement added that the Greek economy should be growing by an annual rate
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Debt relief discussions continue as clock ticks down to June 21 Eurogroup
EconomyProgrammebonds or its IMF loans. Although the purchase of the IMF loans, which carry a higher interest rate than
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Turnover in services sector shows deteriorations in Q1 2018
EconomyMacroeconomypercent). The slowest rate of decline was noted in office administrative, office support and other
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Fourth review nears conclusion, clearing path for debt relief agreement
EconomyProgramme(currently at 10.4 billion euros, carrying an interest rate of 3.5 percent, which is roughly twice what
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