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Why can't Greece be more like Cyprus?
Agoraprogress Cyprus has made over the last 12 months” and that Nicosia is “bearing the fruits from... tax rate is 12.5 percent. Corporation tax in Greece has been increased from 26 to 29 percent, while... much the economy has been damaged by constant tax hikes and whether the Greek governments since 2010
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Expectations for deal on Thursday rise as Athens tempers own
PoliticsGreek Politicson Thursday. Tsipras has maintained the option of referring the Greek issue to the EU leaders on June 22 since the last Eurogroup ended in an impasse. The Greek prime minister has shown in the past that he... that the coalition had hoped until recently. In fact, the government has gradually switched its attention
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Moody's upgrades Greek rating to 'Caa2', changes outlook to positive
Economymeasures and considers that the progress made so far illustrates how the risk of Grexit has diminished... economy has definitely turned the corner, positive GDP growth is expected in 2017 after three years...’ legislation has been achieved reducing political risks. Successful conclusion of the programme would
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Disposable income edges down 0.1 pct in Q1
EconomyMacroeconomycontributions and benefits almost offset by a drop in taxes. Since 2010, disposable income has been reduced... in the previous quarter and stood at 13.72 billion. Compensation of employees has posted a nosedive... by 31.7 percent in Q4 2016. Since 2010, property income has plummeted by 44 percent. Household final
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Tsipras urges swift conclusion of review but doubts linger
PoliticsGreek PoliticsAlexis Tsipras has urged his ministers to act quickly to complete the prior actions before the end... the government and it seems that since then there has been a decision to focus on the positives..., even though the Finance Ministry reportedly has reservations about whether this is possible
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Disposable income grows by 0.2 pct in Q2 on higher remuneration, consumption rises
EconomyMacroeconomyhas been reduced by 28.5 percent, or by 11.64 billion, reflecting elevated unemployment, a rise... rise of 0.2 percent, and stood at 15.36 billion. Employee compensation has fallen by 26.8 percent over... declined by 0.7 percent year-on-year to come to 1.89 billion. Since 2010, property income has plummeted
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Focus back on remaining prior actions after mission chiefs' visit
EconomyProgrammeto the completion of the third review. Kathimerini claims that it has been agreed that the issue... at the end of the year. The other fiscal-related matter that has to be settled, but before the end... a close eye on electronic auctions, which the government has promised to launch by early December
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Deal seen on energy liberalisation as third review SLA edges closer
EconomyProgrammereview has been settled. The Greek government and the European Commission have been in negotiations... that the matter has now been decided and that a deal has been reached between Athens..., the government will then have until late January to legislate and adopt all the relevant measures to conclude
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Reshuffle scenarios resurface for Tsipras after ministers resign over rent subsidies
PoliticsGreek Politicswas approved by opposition parties, as the coalition has been keen to stress. The subsidy was available only... he has been mulling for the last few months. There had been expectations late last year that changes...-related remarks. Over the last few months, there has also been speculation that Tsipras will replace
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Athens hopes for next bailout tranche as first phase of review talks conclude
EconomyProgrammethat it has done enough to secure the next bailout tranche, bringing the third review to an official...-free threshold in 2019 rather than 2020. Instead, the focus has been on identifying which of the 88... has made the task extremely difficult. Athens had been due to deliver on this prior action by the end
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