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  1. Court orders 2012 pension cuts to be reversed, costing up to 1.5 bln
    Photo by MacroPolis

    Economy

    Greek parliament on November 7, 2012. It imposed progressive cuts in all public and private sector... 1,000 and 1,500 euros the cut was 5 percent, between 1,500 and 2,000 the reduction was 10 percent

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  2. Greek stocks down by 4.77 pct as bond yields head further north

    Economy

    is the lowest reading since September 7, 2012. Over the last three sessions, Greek stocks have plummeted 14.6... since June 5. Bonds The Greek government bond (GGB) yields continued heading north unabated on Tuesday

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  3. Greek talks go down to the wire as IMF raises major objections

    PoliticsGreek Politics

    , which reportedly believes the heavy reliance on tax rises for a fiscal adjustment of more than 7... contribution for pensioners to 6 percent (from 5 percent in the Greek proposal), abolition

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  4. Tsipras opts for referendum, leaving many issues open
    Photo by MacroPolis

    PoliticsGreek Politics

    on Saturday (noon) to ask for the referendum to be held on Sunday, July 5. He needs 151 votes out of the 300... the premier’s proposal. The vote is due to take place at 7 p.m. on Saturday. The prime minister made

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  5. Newsletter 33 - 03/07/2015

    Newsletters

    is prolonged beyond 7 July, it is certainly expected that this will put further pressure both... developments. They have to digest the call for a referendum on Sunday 5 July, after waking up on Monday... is unlikely to en masse favour being part of a national emergency government. The other possibility

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  6. The key numbers behind the latest Greek proposals

    EconomyProgramme

    with estimated revenues at 100 million per annum in 2015-2016 5) Extension of luxury tax with incremental... in 2016, when VLTs will be fully operational. 7) Issuance of 4G and 5G licences with estimated revenues

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  7. Primary surplus 3.1 bln above target in H1 on severe underspend

    EconomyMacroeconomy

    with many children (at 24 percent) 5) Grant to the Intergenerational Solidarity Fund (AKAGE) (at zero... of the annual target of 1.57 billion) 7) Agricultural subsidies (at 15.8 percent of the FY target of 591

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  8. Agreement on third bailout with revised fiscal and macro targets, host of prior actions

    EconomyProgramme

    property tax (ENFIA) for 2015 and submission of the relevant tax bills to taxpayers within September. 5... 2018. 7) Deregulation of professions such as engineers and notaries 8) Approval

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  9. Greek government commits to new fiscal measures for third bailout

    EconomyMacroeconomy

    increasing to 20 percent in 2016 and further to 26 percent in 2017 4) Tax on television advertisements 5... (GGR) to 30 percent 7) Increase in the tax rate on rental income from 11 to 15 percent for income

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  10. European Commission evaluates impact of bailout programme
    Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

    EconomyProgramme

    and means-tested pension components. 4) Consolidate and harmonize the different SSFs. 5) Phase out... pension benefit rules of the agricultural fund (OGA). 7) Further increase penalties for early

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