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Is a lack of spending hampering Greece's firefighting capabilities?
Societypercent of the country’s forest cover burned, a total of 2,700 square kilometres. In hundreds of fire... may surprise austerity critics. Total expenditure on fire protection (an aggregate figure combining... of total government spending, equalling or exceeding the European average of 0.4 percent, and surpassing
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Card transactions in Greece experience boost due to capital controls
EconomyBanking. In 2014, the last year before capital controls were enforced, total card transactions in Greece came... million. Out of the total, the biggest growth was seen in debit card usage, where transactions went.... In terms of transaction value, a total of 6.1 billion euros worth of card transactions were carried out
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Newsletter 175 -21/09/2018
, but the decision will likely stay on hold under November. pay, boosting consumption. “In our view..., or the equivalent of roughly 21 to 38 percent of the current total. In an interview with Kathimerini... be reducing NPLs in the banking sector. Out of total mortgage loans of 63.5 billion, 44.3 percent or 28.13
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Newsletter 198 -15/03/2019
that Greek authorities are set to agree that the total value of the property owned by the applicant must... to request approval from the European Stability Mechanism for the right to pay off at least some.... The latest monthly headline figure interrupts eight consecutive months of positive growth. The total
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Dispute over pensions backlog as future burden from retirees highlighted
Economyfor the retirement pay, the Labour Ministry said that the backlog of outstanding pensions came to 94,000. Out of the total, 75,000 were already overdue by three months as at the end of February... of the total, 91,541 are pending since the Katrougalos law was passed. As Kathimerini highlights
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Newsletter 223 -11/10/2019
not even equal 30 percent of the person’s total income. Despite these criticisms and the doubts... to public coffers. The total amount to be settled via the scheme stands at 11.6 billion euros. Of those who... to any reductions in retirement pay. He added that the government would spend an extra 10 million
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Greece and the euro: The flight of Icarus
Agora. When one considers that Greece accounts for less than 4 percent of the eurozone’s total debt or GDP... of citizens pay without fail some of the highest taxes in Europe, whose black economy was not even... at making Greece an easier place to invest and start a business are starting to pay off. In the World
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Is VAT all you've got?
Agorabusinesses pay 26 percent company tax and another 10 percent on redistribution of profits. They also have to prepay 80 percent of their tax for the next year. This means that the total tax bill works... 20,000 euros to pay in taxes. This amount, of course, will be cleared and some businesses will receive
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Two hurdles left for coalition this year before bigger challenges in 2014
PoliticsGreek Politicseuros 2) Gross household income should be a maximum of 35,000 euros 3) The owner’s total assets... than 15,000 per year should pay a monthly mortgage payment of 10 percent of their net monthly income... to target homeowners it believed had the ability to pay their mortgages but were free-riding on the back
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Eurobank gears up for crucial but contentious capital increase
EconomyBankingincrease later this month could pay as little as 0.30 euros per share. The value of these shares...), Eurobank would not be obliged to pay this dividend due to its huge accumulated losses, mostly due.... The total amount of the two transactions completed in late March and the two upcoming equity offerings
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