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  1. The key elements of the draft agreement between Greece and lenders
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    of the special tax for sea-farers. 3) Implementation of measures for a reduction in the spending... the use of the attrition rule starting from 1:5 in 2016 to 1:4 in 2017 and 1:3 in 2018.

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  2. SYRIZA backlash following Kammenos trip to islands
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    and Zoe Konstantopoulou’s Sailing for Freedom on 3. None of the other parties made the 3 percent

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  3. Newsletter 99 - 09/12/2016

    Newsletters

    on 6, KKE on 5.5 and Zoe Konstantopoulou’s Sailing for Freedom on 3. None of the other parties made the 3 percent threshold for Parliament. Last week, a University of Macedonia poll for Skai TV

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  4. Bank of Greece sees potential for recovery, urges calm in negotiations
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    for a strong economic recovery of 2.5 and 3 percent respectively, while also foresees GDP to grow by 3 percent also in 2019. For 2017, BoG estimates private consumption to increase by 1.3 percent

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  5. Another spin of the wheel for Greece
    Ferris Wheel at Syntagma Square

    Agora

    to their social security and the rest of the population had to absorb the burden of another 3 percent of GDP... of more than 3 billion euros. Meanwhile, lenders’ non-performing exposure continued to rise

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  6. An unfounded argument leaves Greece in limbo
    Photo by Angelos Christofilopoulos/Fosphotos

    Agora

    government legislated almost 3 percent of GDP in tax hikes and pension savings to meet the 2018... is seen with a primary surplus that exceeds 3 percent of GDP, Cyprus is expected to maintain

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  7. Minor fluctuations in deposit and loan interest rates in December

    EconomyMacroeconomy

    households and corporates led the weighted average rate on all new deposits down by 3 bps to 0.32 percent...) edged up 3 bps to 14.51 percent. The housing loan rate increased by 21 bps to 2.83 percent, while

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  8. Trade deficit increases 4.8 pct in Dec and 4.5 pct in 2016 on rising imports
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    is largely attributed to a rise in imports by 3.7 percent, while exports also grew by 3 percent... by 4.2 percent, while those from non-EU countries declined by 3 percent. In addition, exports to EU

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  9. Athens grapples with awkward reduction of tax-free threshold
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    or two children respectively. It remained unchanged for families with more than 3 children..., more than 3 million of wage-earners and pensioners declared annual income below the current tax

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  10. Q4 GDP contracts 1.2 pct QoQ, leading to recession of 0.1 pct for 2016
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    due to a sharp drop in services by 7.4 percent that more than offset a rise in goods by 3 percent... after a short-lived decrease of 2.8 percent in Q3. They also rose by 3 percent YoY decelerating from

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