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  1. Government hopes new affordable homes bill can help alleviate housing pressure
    Photo by MacroPolis

    PoliticsGreek Politics

    , construction, and maintenance costs, developers keep ownership of up to 70 percent of completed... elections. It is expected that Prime Minister Kyriakos Mitsotakis will flag up the latest initiative... have climbed even more steeply. They are up by more than 70 pct over the same period. Rents have

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  2. Producer prices jump 12.8 pct YoY in April as Iran war pushes all categories upwards
    Image via www.helpe.gr

    EconomyMacroeconomy

    ), the index was up by 1.2 percent, from a jump of 10 percent in the previous month, the first month of the war. Over the rolling 12-month period, the index is up by 1 percent. The products sold in the domestic market were up by 5.9 percent, led by refined oil products that jumped by 75.2 percent

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  3. Samaras softens stance on snap elections as decisive presidential vote looms
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    the troika review is wrapped up, a precautionary credit line is agreed and the constitutional review... not support the government. This leaves 10 votes up for grabs unless some of those nine can be convinced... as possible and will not take up the prime minister’s offer. It is not certain, though

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  4. What in the world will we do without barbarians?
    Photo by MacroPolis

    Agora

    marked procrastination in a number of other fronts - Greece’s coalition set up a parliamentary committee... disappeared and the overall budget deficit shot up to 5.7 percent of GDP. Primary expenditure... percent of GDP to 49 percent in 2009, while revenues failed to keep up in spite of the economic boom

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  5. Newsletter 44 - 25/09/2015

    Newsletters

    facing Greece. Beyond ensuring his cabinet can keep up with the pace set by the creditors... test up to a high single-digit figure could be fully covered by existing or new private investors under a best-case scenario. This scenario assumes total capital needs of up to 15 billion euros, almost

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  6. Newsletter 51 - 12/11/2015

    Newsletters

    Bank for Reconstruction and Development has approved an investment of up to 80 million. At the same... that the bank would cover the baseline capital needs of 2.21 billion, while Piraeus will seek state aid up... to the scheme allowing tax debtors to pay in up to 100 instalments, equivalent fiscal measures

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  7. Eurogroup grants short-term debt relief but leaves Athens fretting over fiscal targets and IMF
    Photo via Fosphotos

    EconomyProgramme

    other key issues. While the agreement on debt relief wraps up one loose end for the government... of the EFSF repayment profile within the current weighted average maturity of up to 32.5 years; the waiver of the step-up interest rate margin amounting to 200 bps related to the debt buy-back

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  8. Mitsotakis pledges tax cuts and reforms, hopes for lower fiscal targets
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    declarations to 25,000 euros and to introduce an initial tax rate of 9 percent for anyone earning up... be able to bypass the process to speed matters up. Much of Mitsotakis’s speech and press conference... of the Greek Constitution to be changed. Mitsotakis also spoke of setting up prototype schools in each region

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  9. EU disunity on refugees and its poisonous effects
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    issue was ratcheted up before the European Council, when its president, Donald Tusk, floated the idea of scrapping the quota system, suggesting that it is not working and that it is up to member states, rather than the EU, to come up with solutions. The proposals were treated as an affront

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  10. Travel balance for nine-month period shows surplus of 11.57 bln
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    fell by 4.8 percent to 74 million. Foreign visitors were up by 8 percent year-on-year, which manifested... was up by 69 euros, though the average length per trip was more or less unchanged at seven nights... accounted for 4.9 percent of all travel and generated 642.2 million euros in revenue, up by 3.8 percent

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