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Early IMF repayment next goal for Athens after concluding second post-MoU review
EconomyProgrammeThe Greek government is aiming to come to an arrangement with its lenders in the coming days so that it can pay off early at least some of the 10 billion euros it owes to the International Monetary.... However, it had underestimated the importance and attention that the lenders would pay to the new
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Athens gearing up for new bond issue amid favourable market conditions
EconomyProgrammeGreek authorities appear to be working in parallel on the two goals Athens has set following the completion of the second post-programme review: To issue another sovereign bond and to pay off some... are at 1.5 percent,” he said. “When you pay off the loans prematurely, you help restructure your debt so
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Greece tax wedge rises two places to 13th highest among OECD countries, report finds
EconomyFeaturesto an average single Greek worker having a take-home pay after taxes and benefits of 73.9 percent versus... percent for this category. This translates to an average gross take-home pay after tax and family
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Newsletter 203 -15/04/2019
is currently on the minimum wage and earning 9,100 euros a year pay 730 euros in income tax in 2020... in revenues and at broadening the tax base so a much higher number of Greeks pay income tax
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Lenders highlight risks of 'short-term popular' measures unveiled by government
EconomyProgrammeexpressed concerns about the schemes unveiled on Sunday for taxpayers to be able to pay off their debts... confirmed on Thursday that Athens has made an official request to pay off part of its loan from the Fund
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SYRIZA tries to build on "positive" measures but polls yet to register bounce
PoliticsGreek Politicsof the measures and that extra revenues are expected from the schemes allowing debtors to pay off... full-month’s pay, is a pre-election gimmick. In a speech in Larissa, central Greece, on Wednesday
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Tsipras ramps up fiscal pledges as elections draw closer
PoliticsGreek Politics, which will not pay out any bonus at all to pensioners. The conservatives have so far refused... have also forced the government to pay several years of backpay. Opinion poll Despite SYRIZA’s recent
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Parties' competing tax pledges come up against challenging reality
EconomyFeaturesrise in taxes due from the higher income brackets. However, the top 5 percent of households pay just... bracket (incomes over 220,000 euros) pay upwards of 17,000 euros annually in SSC (over 14,500 euros under
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NPEs down by 13 pct to 81.8 bln in 2018, but BoG highlights continuing credit risk
EconomyBankingreached 3.7 billion euros. ‘Unlikely to pay’ and loans past due by 1-90 days are good indicators of how credit risk is developing. There are some positive signs in the reduction of ‘unlikely to pay
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Tracing the decline of the middle class as parties vie for its votes
EconomyFeaturesto pay for handouts. The government, on the other hand, blames the austerity policies of its predecessors... incomes. The vast majority of middle-income households in Greece struggle to pay their necessary
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