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Two years on, Greek government ready to give up on higher heating fuel tax
PoliticsGreek Politicsin the excise tax on heating oil, data produced by Greece’s General Accounting Office (GAO) has shown... from the government indicate that now Stournaras has left the cabinet it is preparing to abandon... of the year, for next year as well. Another tax issue that has come to the fore recently is the special
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NPLs: The Achilles heel of the Greek banking system
Agoraof provisions exceeded the banks’ capital (138 percent) at the end of 2013, although this ratio has... at the end of 2013. More than one third of top-4 banks’ Greek NPLs are held by Piraeus, which has also.... According to the latest EC and IMF review reports, the Bank of Greece has committed to introducing key
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Value of HFSF's shareholdings in core Greek banks sinks to 18.5 bln
EconomyBankingfor the period in question. However, the value of HFSF's shareholdings in Greece's core lenders has... billion at the end of last December. Nevertheless, the current fair value has dropped to 18.5... 13.1 percent in Q1 but has plunged 23.3 percent since then. This means that the 2.5 billion euros
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SYRIZA drawing up manifesto and foraging for allies
PoliticsGreek Politicsto respond to the persistant doubts about whether the opposition party has the answers to Greece’s... of the republic fails to garner 180 votes. SYRIZA has spent the last few weeks trying to build... to discuss the forestry bill, which has been tabled in the House and which also contains contentious
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Multi-bill passes but coalition's relationship with armed forces and police sours further
PoliticsForeign Policythe 2012 wage cut and the merging of their auxiliary pension funds has left the armed forces and emergency services at odds with the government. It was noticeable that SYRIZA, which has ideological... the unions representing the civil servants in question. There has been deep concern in New
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Paris talks mark start of Greece's most crucial troika review
EconomyProgrammein Paris today and will last until September 4. The IMF spokesman has recently clarified that the aim... will be led by Rishi Goyal and not by Poul Thomsen, who has recently been appointed Acting Director... and emergency services. The issue of tax breaks has been raised by the government as a top priority theme
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DIMAR's collapse continues, leaving doubts about presidential vote and centre-left
PoliticsGreek Politicslawmaker. Lykoudis leads the so-called Reformist Wing of the small party and has aired concerns over the last few months about the direction DIMAR has taken since leaving the government in June 2013... departure means that the party now has just 10 deputies, compared to the 17 that were elected in June
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Friction over property tax exposes cracks in Greek coalition's strategy
PoliticsGreek Politicsto an outright rebellion, the numbers do not yet add up in terms of opposition MPs. The government has... for these votes are Democratic Left (DIMAR) and the large group of independent MPs. DIMAR has 10 MPs, while... as possible candidates. A fourth option has been put forward by former Prime Minister Costas
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Tsipras starts to flesh out SYRIZA's economic policy but questions remain
PoliticsGreek Politics) has yet to use to improve Greek banks’ capital adequacy. Tsipras said a SYRIZA government would also... Tsipras has done enough to convince more sceptical voters that he has a recipe that could work. The programme he unveiled has not been costed and his assertion that a more generous fiscal policy would
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To Potami intensifies efforts to mop up disgruntled Greek voters
PoliticsGreek PoliticsTo Potami, the centrist party founded by journalist Stavros Theodorakis in February, has published the closest thing to a manifesto it has produced in the last seven months. Theodorakis set out... in the EU ballot after such a short existence, To Potami’s message has remained rather vague
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