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Newsletter 132
at the Thessaloniki International Fair (TIF) to set out some of his policy ideas. He said that his... ENFIA property tax by 30 percent over two years, lower the tax on dividends to 5 percent, increase... by an increase of 1 billion euros in the services balance, and improvements in the primary and secondary income
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Coalition looks to regain confidence, centre-left struggles with ballot
PoliticsGreek Politicsto elect a common leader. The date for the first round of voting was set for November 5... to be demanding a total of around 1 million euros but the parties behind the election process, including PASOK
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Tsipras tries to weather Kammenos storm, looks for poll boost
PoliticsGreek PoliticsDemocracy had asked for Kammenos to be investigated over his contact with the owner of the Noor 1 ship... to a close, he is likely to be disappointed. The clash between Kammenos and Marinakis looks set..., whereas backing for SYRIZA rose by 2.5 points, meaning that the gap between the two closed by 5 points
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Clearer picture emerging ahead of stress tests, banks appear confident
EconomyBankingstandards are effective from January 1, and have a more forward-looking approach on provisioning. Banks are required to set aside provisions for potential loan losses and not when the losses are actually... of loans as they have ability to phase out losses over a five-year horizon. This starts with 5
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Countdown begins for multi-bill, coalition eyes minimum wage increase
EconomyProgrammeto Parliament by January 5. Financial news website Euro2day reports that the plan is to table the multi... the programme. This was interpreted by some as a clear pledge that the minimum wage, last set in 2012... of around 1 billion euros at the end of the year after revenues performed better than expected
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New overdue taxes rise by 766 mln in Jan, total stock at 99.44 bln
EconomyMacroeconomythe 1 billion euro mark. New unpaid obligations from tax categories rose by 693 million, declining.... The corresponding volume stood at 64.9 million euros versus 5 million in the previous month. The rate... to 82.2 percent for December. The IAPR has set a goal for the overall tax collectability rate to reach 84
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Tsipras urges SYRIZA MPs to focus on ever-closer MoU exit
PoliticsGreek Politicsconcern about the impact that the reduction to pensions, totalling 1 percent of GDP, will have... a primary surplus of almost 5 percent of GDP in 2017 (if the 1.4 billion euros it gave out as a “social... of the Public Power Corporation’s (PPC) lignite units. The draft law is set to be approved
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New details reveal what may have led to discrepancy in Athens Airport concession price
EconomyFeaturesbecause it was based on outdated parameters. Private consultants allegedly used 2015 parameters to set... pension fund PSP (40 percent) and Copelouzos Group (5 percent). It was during these negotiations... January 1, 2019. At the start of October, HRADF submitted to the Court of Audit the agreement
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DESFA transfer complete as HRADF heads for record year in privatisation revenues
EconomyFeaturesrevenues were secured. For 2019, the revenue target is set at 1 billion euros.... from the sale of a 5 percent stake in OTE, 166 million from the granting of licenses for radio
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Mati fire investigation puts spotlight on authorities and government
PoliticsGreek PoliticsIt appears that SYRIZA is set to come under further scrutiny about its handling of last summer’s... (KKE), which both garner support of 5 percent. Movement for Change (KINAL) attracts 4 percent... been estimated that the reduction of the voting age by 1 year means that around 130,000 more Greeks
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