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Newsletter 182 -9/11/2018
strategy for SYRIZA. year and then by 1 point each of the following years until it reaches 25... the pressing fiscal targets have remained. The collection of measures set to be unfurled by the government...-legislated measures of 2019 and 2020 go ahead as planned, Greece is set to overachieve its fiscal target
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IAPR annual data shows growing tax pile and pressure on middle-income taxpayers
Economy, the IAPR has set a target of enforced debt collection methods to 66 percent of the total amount of tax... December 1, 2016 to January 1, 2019. In addition, of the total amount, only 3.69 billion, or 3.5 percent... 1,050,077 in 2017, an increase of 11.3 percent. The IAPR had set a target for debtors against whom
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Summit to usher in a new stage of EU-China relations
Agora. Never in the past has the EU set deadlines to Beijing, which is now called on to accelerate the CAI..., with a view to another set of strenuous negotiations on WTO reform. Achieving some semblance of EU-wide... at the upcoming 16+1 summit in Croatia will be whether this controversial initiative could turn into 17
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Newsletter 205 -10/05/2019
Achtsioglou, Interior Minister Alexis Haritsis and Deputy Finance Minister Katerina Papanatsiou set... to the institutions. The amount is the equivalent of 3 percent of GDP (1 percent for each of the coming three years – 2020, 2021 and 2022). The idea is that, with this money for debt servicing set aside, Greece
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Newsletter 213 -07/01/2019
. According to the timeline set out in the piece, Mitsotakis envisages being sworn in as prime minister... the government is structured, is set to be tabled the following day. Parliament is due to close on August 10... 2011 Loans to sole proprietors edged up by 1 million euros after a negative reading of 30 million
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Newsletter 223 -11/10/2019
towards the 30 percent bar set by ND) are taken out of the equation, the amount left over might... the conservative lawmakers as he set out the government’s plans for the next 100 days, including the voting..., PDMA underlines. Following an initial guidance of 1.55 percent and a minimum tap of 1 billion euros
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Newsletter 224 -18/10/2019
fiscal gap, from around 1 billion euros originally, to zero were fruitful. It appears.... At the moment, 138 million euros has been set aside for businesses, which are set to receive... balance turning to a small deficit of 0.3 percent this year, which accelerates to 1 percent next year
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NBG reports net profits of 171 mln in Q3, NPE’s fall on loan sales
EconomyBankingand the tightening of sovereign bond yields. The movement in Q3 originates from negative formation of 1 billion... percent. The NPL coverage ratio stood at 76.6 percent. The bank has set a target for NPLs to stand at under 1 billion by 2022. Regarding NPL sales, the bank highlighted upcoming sales expected to take place
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Newsletter 230 -29/11/2019
. The maximum tax discount was set at 19,200 euros in the first version of the bill, but in the one... Minister Kyriakos Mitsotakis urged his ministers to keep up the pace set since New Democracy came to power... to 1.59 billion. The PIB balance landed on a deficit of 1 billion euros. The primary surplus surpassed its
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APS bill tabled, allowing use of 12 bln in state guarantees to reduce NPLs
EconomyBankingof the securitisation, once 50 pct+1 of the junior notes have been sold to private investors and a satisfactory... is slightly more relaxed than the Italian criterion of having sold 50 pct+1 of both mezzanine and junior... in their books. The servicers that will manage the securitisation have set goals in meeting their collections
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