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ND doubles down on stricter migration policy, riling opponents
PoliticsGreek Politicsof migrants reaching the country from Libya. The measures include a three-month suspension... with Libya are troubled and the EU’s attempt to build ties with General Khalifa Haftar, the military leader of eastern Libya, ended in failure this week. It is expected in Athens that another effort
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Corruption claims, foreign policy missteps impede government’s efforts to build momentum
PoliticsGreek Politicsrelations with Libya and the submission of two note verbale by the Tripoli-based government... deems not be in line with international law. In the notes, Libya claims that Greece’s maritime agreement... spokesman Stelios Petsas. The centre-right MP called for Athens to “toughen its stance” regarding Libya
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Greece, Cyprus and Israel bolster trilateral ties as Turkey looms in background
PoliticsForeign Policyinvolving Cyprus. Libya also signalled readiness for dialogue. Aguila Saleh, speaker of Libya’s House... disputes stemming from the Turkey-Libya maritime memorandum signed in 2019, which Athens deems illegal
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Newsletter 244 -20/03/2020
, six people had died in Greece after contracting Covid-19 and a total of 464 were confirmed... Authority (ELSTAT) based on figures from the last complete data series as of 2017, a total of 251,419... losses for the total industry due to the coronavirus had so far come to 522 million euros. The survey
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Greek tax revenues at 33.5 pct of GDP in 2013, slightly below OECD average
EconomyMacroeconomyGreece’s total tax revenues as a percentage of GDP remained virtually unchanged at 33.5 percent.... In absolute terms, personal income taxes made up 20.6 percent of total taxation below the OECD average... percent in 2012 at almost one third of the OECD average of 2.9 percent. As a percentage of total
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Greek 2016 draft budget contains 6.4 bln in new fiscal measures, sees recession ahead
EconomyMacroeconomyis attributed to the delay in the payment of two property tax (ENFIA) instalment of a total amount... interventions agreed in the context of the last MoU. The total fiscal impact stands at 6.38 billion... a total of almost 4 billion in the 2-year period making up 62.4 percent of the anticipated fiscal impact
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Greece stands on fault line between vicious and virtuous cycles for 2016
Agorainterest bill is below 6 billion. In total, Greece needs 13.2 billion euros to meet all its debt... the largest IMF installment of the year at 876 million, which leads to a total figure of IMF obligations.... The total figure for the first two months of the year is approximately 1.7 billion euros. March
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A closer look at the composition of Greece's bad loans
EconomyBankingtotal performing exposures remained unchanged at 12.6 percent. From the total NPE stock of 108..., from a total of 9.37 million, relate to NPEs. This number is extremely high, taking into account... coverage ratio stood at relatively low levels at 50 percent of total exposures. In specific, the ratio
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Chasing investment, the Greek dream
Agoraperiod, total spending on investments increased again to a peak in 2007 that exceeded 17 billion... of construction represented 70 percent of total spending. This was dominated by house building, which ranged... bring abundant liquidity for Greek banks, it also brought lower rates that made mortgages cheaper
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Newsletter 203 -15/04/2019
of the total tax wedge, compared with 77 percent of the total OECD average tax wedge. While the tax... increase of 0.6 pps. The OECD in the past has illustrated the high tax rates in Greece, and found in its.... The total figure for the primary surplus surpassed its target by 2.42 billion euros. Hirings balance up
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