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Tracing the decline of the middle class as parties vie for its votes
EconomyFeaturesto pay for handouts. The government, on the other hand, blames the austerity policies of its predecessors... incomes. The vast majority of middle-income households in Greece struggle to pay their necessary... taken by higher income groups. These findings challenge some of the assertions of critics who claim
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Apart from bailout review, plenty to keep Tsipras busy in autumn
PoliticsGreek Politicsyear. Tsipras’s other goal in holding the meeting is to try to create a united front on economic...With the summer holidays winding down, focus in Greece is gradually shifting to the varied tasks that Prime Minister Alexis Tsipras will face this autumn, both domestically and on the European
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Greece sets out plans for settling SME NPLs; mortgages to come
Economynot pay its settled obligations to a bank for more than 3 months, the bank can claim its previous..., with debtors choosing not to pay their mortgage installments until the new legislation is finalised... at this point, whether the proposed settlement is binding for the new minister. Bank sources indicate
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Cosco's 369 mln Piraeus Port improved bid accepted, seals latest privatisation
EconomyBankinginvestments. During the first stage of the transaction, COSCO will pay 280.5 million for a stake of 51... agreement, including investment of 300 million, it would pay an additional amount of 88 million... binding offer on December 21, which was unsealed on January 12 with HRADF requesting the submission
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Opposition lines up motions against government over Tempe
PoliticsGreek Politics. Parliament is holding the third of a possible five votes to confirm the President on Wednesday... will rest on the findings of an investigation by the appeals prosecutor in Larissa, in whose... would merit the lifting of his parliamentary immunity. PASOK seems confident that the findings make
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Finance Ministry scrambles to correct property tax after error-strewn debut
EconomyMacroeconomydiscovered that they were being asked to pay a disproportionally high amount of tax for their properties... comprises of 2-3 taxpayers, this means that one out of five households will have to pay a tax... of the wider tax base, which now includes plots of land and agricultural holdings. The MoF said
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What brought down Golden Dawn?
Societyin the European Parliament were made to pay the party 4,000 euros monthly out their MEP’s salary, while... is in such dire financial straits that it is reportedly struggling to pay the rent on its Athens headquarters... that was indirect and slow-acting. As a consequence of the charges, Golden Dawn had its state funding
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EastMed pipeline close to high-level agreement, but still a long way from becoming reality
EconomyFeaturesby aggressive manoeuvres by the Turkish navy. In a move heavy in signalling, Turkey will also be holding... change mitigation remains strong, with the EU parliament recently voting for a legally binding target... as funding assistance. However, the lion’s share of funding for construction will ultimately have to come
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Tsipras's choices are becoming clearer but not any easier
Agoraelections in the eurozone’s paymaster. They may be holding out hope for a political sea change... of Greece governor Yannis Stournaras said that a legally-binding commitment to implement further debt... into any binding discussion about debt relief. However, it is doubtful if Tsipras’s hard-pressed MPs
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This is how Greece kept its budget on track in Q1
Agoranot pay the property tax. In the absence of any ENFIA installment, the targeted revenues for March (2.79... but it is not clear when homeowners will start having to pay it. This means that compared to the 2015 budget... instructive findings for the underlying trends that were recorded within Q1. Revenues
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