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Stocks surge 5.4 pct during week amid hopes for swift conclusion of review
EconomyThe Greek stock market traded in positive territory this week in almost all the sessions, ending the week up 5.4 percent as the investor sentiment improved in the aftermath of progress in most areas of the first programme review. The Eurogroup on Friday acknowledged that significant progress has
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Pension and income tax reform bill sets out 4.4 bln in new measures
EconomyProgrammeand then a one-week discussion in the plenary. Almost all of the measures included in the draft law
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Failure to agree on contingent measures causes further delay in conclusion of review
PoliticsGreek Politicsto European leaders will also be designed to show his party that he is trying all avenues for a deal
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Parliament's budget office highlights economic challenges beyond bailout
EconomyMacroeconomyinto account all parameters, not ignoring the positive effects on a wide range of economic activity
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Greek effort to heal rift with Balkan neighbours may have come too late
PoliticsForeign Policywhich we are all aware of in relations between Turkey and Greece in this area.” Following his visit
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A breakdown of the 5.4 bln in measures that form basis of agreement between Greece and creditors
EconomyProgrammeAlthough Greece and its lenders are continuing to debate how to set up an extra 2 percent of GDP in fiscal measures so they are on standby if primary surplus targets are missed next year or in 2018, there appears to be agreement between all sides on the basic package of 3 percent of GDP in spending
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Ministry's actuarial study shows the devastating impact of the crisis on the pension system
Economyunified pension rules results in a radical transformation of the pension system since all insured
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Gov't lowers tax-free threshold, prepares for third pillar of measures worth 1 pct of GDP
EconomyProgrammeThe bill on pension and income tax reforms voted by all 153 coalition MPs on Sunday evening included a couple of amendments to the initial draft bill tabled in Parliament on April 19. The first and most important relates to the tax-free threshold, which was initially lowered to 9,090 euros from its
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Decline in CPI slows slightly to 1.3 pct in April
EconomyMacroeconomyand footwear. Prices in all other sector posted marginal changes. Greece has experience deflation
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Greece seeks to mend fences with Austria but frets about EU-Turkey deal
PoliticsForeign Policy, despite the fact that there was disappointment in Greece too,” said Kotzias. “All of these are human
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