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Government gets back to work with shuttle diplomacy and legislation
PoliticsGreek Politicsto argue that this year’s surplus target is not at risk, despite spending measures by the previous.... These include lower rates of corporation tax and dividend tax, as well as a three-year suspension of VAT..., several of the pledges he made at last year’s event as leader of the opposition have already had
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Brussels urges Athens to remain on reform path as fourth post-MoU review looms
EconomyProgrammeof the efforts undertaken in the last decade. Growth has returned and is expected to exceed 2 percent this year... framework for the protection of primary residences after the latest one expires in the end of this year. All this will take place amidst the discussions to agree on the fiscal performance for this year
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Q2 rise of 7.7 pct in apartment prices marks 12-year high
EconomyMacroeconomyThe rise in the nominal value of apartments in Greece came to 7.7 percent year-on-year (YoY... of the year, building permits edged down by 0.1 percent. Total permits in the aggregate period stood at 5,724.... However, the total for the year is roughly 84 percent lower than the 2005 peak. Much of the current
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ND promotes positive narrative abroad, away from inquiry clash at home
PoliticsGreek Politicsnext year onwards. Staikouras reportedly told investors in London that GDP may grow by slightly more than the expected 1.9 percent this year and could even reach up to 3 percent in 2020. He also... months. The government has reduced ENFIA by an average 22 percent this year, leading to the total
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Fourth review talks conclude with fiscal differences remaining
EconomyProgrammeas the fourth post-programme moves on to the next stage. This involves a draft budget for next year... during the week did not bridge the views on the fiscal outlook for next year, with the institutions... is the growth projection for next year, that the Greek side would like to boost up to 3 percent, thanks
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ND sees budget as evidence of pledges being kept, SYRIZA highlights flaws
PoliticsGreek Politicsthe fact that another proposed source of extra revenue next year (142 million euros) will come from... next year for many property owners. Former finance minister Euclid Tsakalotos addressed this issue... heavily, raising the projected growth rate for next year from 2.3 to 2.8 percent, in the impact
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Athens hopes IMF prepayment go-ahead aids case for lower fiscal targets
EconomyProgrammeaccepted the 3.5 percent of GDP goal for this year and 2020, he wants to convince the creditors..., providing a clearer indication of whether New Democracy’s forecast for 2 percent expansion this year is within reach. The government has predicted growth of 2.8 percent for next year, which is higher
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Latest T-bill auction highlights shift in Greek yield curve
Economy, and only the 25-year benchmark marginally over at 2.12 percent, as of October 31. The 10—year... that was issued in March this year, attracting offers that exceeded 7 billion for a 1.5-billion-euro issue... last year. The positive developments regarding Greece's borrowing costs this year brought this figure
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Overdue tax, debtors jump in Sept as total reaches 105.6 bln
EconomyMacroeconomynine months of the year revealed that new tax debt totalled 5.27 billion, lower than the figure for the same period last year by 32.8 percent. In August, the total stood at 4.68 billion euros. New.... For the first nine months of the year, of the 2.41 billion due for income tax, 1.68 million have been paid
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Overdue social security contributions rise to 35.54 bln in Q3, new debtors rise
EconomyMacroeconomyand September, the debts of non-employees were transferred from EFKA for the year 2017, as well as for the year..., which represents a greater year-on-year rise of 30.5 percent. The aggregate revenues collected for 2019
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