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A breakdown of the 5.4 bln in measures that form basis of agreement between Greece and creditors
EconomyProgrammeAlthough Greece and its lenders are continuing to debate how to set up an extra 2 percent of GDP in fiscal measures so they are on standby if primary surplus targets are missed next year or in 2018, there appears to be agreement between all sides on the basic package of 3 percent of GDP in spending
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Ministry's actuarial study shows the devastating impact of the crisis on the pension system
Economyunified pension rules results in a radical transformation of the pension system since all insured
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Gov't lowers tax-free threshold, prepares for third pillar of measures worth 1 pct of GDP
EconomyProgrammeThe bill on pension and income tax reforms voted by all 153 coalition MPs on Sunday evening included a couple of amendments to the initial draft bill tabled in Parliament on April 19. The first and most important relates to the tax-free threshold, which was initially lowered to 9,090 euros from its
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Decline in CPI slows slightly to 1.3 pct in April
EconomyMacroeconomyand footwear. Prices in all other sector posted marginal changes. Greece has experience deflation
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Industrial production falls at faster pace of 4 pct in March
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) dropped at a faster pace of 4 percent in March from a revised 2.5 percent drop in February, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. The March headline figure is the highest negative reading since June 2015. All four sub-indices
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Greece seeks to mend fences with Austria but frets about EU-Turkey deal
PoliticsForeign Policy, despite the fact that there was disappointment in Greece too,” said Kotzias. “All of these are human
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Greek stocks jump 2.8 pct during week on improved market sentiment
Economyand debt relief measures. The government appears confident all required pending measures (additional
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Inauguration of TAP pipeline project offers investment, diplomatic boost
PoliticsForeign PolicyThe signing of the agreement for the construction of the Trans-Adriatic Pipeline (TAP) in Thessaloniki marks a significant moment for Greece in diplomatic and investment terms. Prime Minister Alexis Tsipras will inaugurate the project, which will be attended by delegations from all the involved
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Tsipras seeking repeat of full support from coalition MPs in upcoming bailout vote
PoliticsGreek PoliticsMinisters are due to begin on Wednesday the effort of ensuring that all government MPs will support the multi-bill due to be submitted to Parliament by the end of the day. Finance Minister Euclid Tsakalotos and Alternate Finance Minister Giorgos Houliarakis are due to brief SYRIZA lawmakers
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Industrial turnover drops 12.7 pct in March, energy plummets 27 pct
EconomyMacroeconomyof 12.6 and 19.7 percent respectively. All main industrial groupings headed south in March
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