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Wide range of exacting issues lie ahead for Greece in first bailout review
EconomyProgramme. The government has identified and implemented so far measures yielding 1.2 billion euros, leaving... in the next few days to begin the first programme review. Although the agenda has not yet been officially... financing Greece has received so far in the context of the third bailout programme loans of 16 billion
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Greece, eurozone edge closer on pensions and fiscal gap but IMF keeps bar high
EconomyProgrammemeasures. Also, Greece has to identify measures yielding a total of 1 percent of GDP (0.75 percent coming... of 190 in 2016. The tax has not been implemented so far due to deliberations between the Finance...), with targeted revenues at 100 million. But the VLT launch has been delayed and it is not yet known when
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Athens in quandary over IMF as Fund's role in bailout is firmed up
PoliticsGreek Politicsthe Fund has not changed and that it has to be involved in the talks. Where there was a difference... with the IMF's position, so the New Democracy leader will attempt to show that he has different ideas about... that there should be no haircut (but did not rule out other measures to reduce Greece’s debt pile
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Substantial ground for Greece and lenders to cover before May 9 Eurogroup
PoliticsGreek Politicsto support the basic package of 3 percent of GDP in austerity measures. This has led to Athens... April. According to a report in To Vima, Finance Minister Euclid Tsakalotos has proposed that these cuts... ahead until the Eurogroup on May 9. The Greek side has not ruled out the possibility of a high
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New overdue taxes up by 776 mln in March, total stock at 101.44 bln
EconomyMacroeconomyfigure came to 3.9 million. The latest figure for March means that the total number of tax debtors has... for the previous month. The IAPR has set a goal for the overall tax collectability rate to reach 84 percent... this year. Greece’s tax system has come under scrutiny in two recent reports. A report
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Lenders return to Athens with much work ahead to reach SLA by May 24
EconomyProgrammeAthens has made in completing the fourth review’s 88 prior actions. The discussions in Athens... to what has already been done on the NPL front… we would welcome the removal of some remaining....” The creditors are also expected to go over the work that has been done by Greek authorities
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New overdue taxes rise by 599 mln in April, total stock continues to grow
EconomyMacroeconomy, data from the Independent Authority of Public Revenues (IAPR) has revealed. The latest monthly... million in April, meaning that the total number of tax debtors has stayed under 4 million for a third.... The IAPR has set a goal for the overall tax collectability rate to reach 84 percent in 2018
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New overdue taxes rise by 489 mln in Mar, total legacy and new debt at 104.5 bln
EconomyMacroeconomythe Independent Authority of Public Revenues (IAPR) has shown. The aggregate figure for the first three... was for the large part driven by rises in new debt. Total debt has now remained above... of collectability came to 82.2 percent. The IAPR has set a goal for the collectability rate to reach
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Government and local authorities reach impasse over migrant centres
PoliticsGreek Politicsprocedures linked to the measures. The development has led to the cancellation of a scheduled meeting... the situation on the border islands has handed would-be challengers from across the political spectrum... has acted as a spokesman for local communities, is himself a former ND candidate who ran
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New Democracy tries to win over voters with crackdown on bank charges, migration
PoliticsGreek Politicsin less than a year that the government has stepped in to lower the fees charged by Greek banks, which..., which has been accused of tolerating cartel-like behaviour by banks, as well as supermarkets and energy companies. This is the second instance in which PASOK has managed to score points against New
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