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Newsletter 36 - 24/07/2015
income up Greek household disposable income rose by 2.6 percent in Q1, which was the third... of 2015, up from 26.35 billion in the corresponding period last year. In Q1, disposable income was up... demanded meant it was impossible for it to keep up. As the recession deepened and unemployment
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Election Watch: What are Greeks voting for?
Agora. The first wave of opinion polls published last week have not helped to clear up any doubts. In fact... campaign. These include: How will SYRIZA bear up under the pressure of signing the third bailout...’s party showed little of the zeal for a clean-up that it claims it has. The SYRIZA leader points
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Amid fog of confusion, Greeks vote... again
Agoraup the system. New Democracy has made this campaign about the issue of trust and whether Greeks can... in office. At the same time, it picked up many of the nasty habits of previous governments...? There simply weren’t any. It is little wonder, then, that most opinion polls up to Friday showed little
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Tsipras identifies debt relief, bank recap and attracting investments as key goals
PoliticsGreek Politicsto its banking system ahead of a recapitalisation that will cost up to 25 billion euros. He made... to set up a mediatory body to reach out of court settlements between lenders and customers who cannot... of drawing up investment plans, making sure legislation is up to scratch and issuing permits. Tsipras said
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Travel receipts rebound by 7.3 pct in August, partly reflecting higher spending per trip
EconomyMacroeconomytravel receipts stood at 3.4 billion in August with the corresponding payment up 10 percent to 214... of 9.1 billion, up 8.5 percent from last year’s figure of 8.39 billion. The increase in receipts..., while those from Germany and France recorded a slower growth, up 10.2 and 4 percent respectively
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Greek banks' equity raising could keep official support to a minimum
Economyterms, we understand that the bank could boost its capital base by up to 1.06 billion. Excluding... securities. We understand that Eurobank could strengthen its capital base by up to 790 million if all... to raise capital up to 0.8 billion for the LME. The management clarified that Finansbank sale
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Newsletter 58 - 15/01/2016
New Democracy’s links with this section of Greek society, often opening himself up to accusations... not given up its goal of changing Europe, primarily through leading the charge – or perhaps, slow... in. Perhaps even major European powers like France and Italy might stand up to the German-centric
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First days of talks confirm gap between Greece, lenders on pensions
PoliticsGreek Politics, salary-earners and pensioners are taxed with a rate of 22 percent for annual income up to 25,000 euros, of 32 percent for the incremental income up to 42,000 and of 42 percent for any income above... been proposed, individuals’ annual income up to 25,000 euros would be taxed with a rate of 22 percent
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As Greek leaders mull position on refugee crisis, EC sets out timetable of targets
PoliticsForeign Policya few dozen leave Greece each day and for all EU member states to be forced to live up their commitments... a tool of humanitarian assistance. Member States must step up the rate of relocation speeding up... be stepped up, and facilitated through the rapid adoption and implementation of the Commission's proposal
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Some progress made as Greek programme review heads for break
EconomyProgrammelower increase would entail pension cuts up to 600 million euros. The government has indicated it does... at 22-22.5 percent for incomes up to 20,000 euros and the upper rate at 45 percent for incomes above 40,000 euros. Until now, incomes up to 25,000 euros are taxed with a rate of 22 percent, incremental
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