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Tsipras encounters obstacle in efforts to secure church deal
PoliticsGreek Politicsfinding itself trying to ensure that the much-heralded agreement is not at risk of collapsing after... scandal claims stick to the SYRIZA-Independent Greeks (ANEL) coalition. Following the recent... to pay to state-owned gas firm DEPA. DEPA’s former CEO, Theodoros Kitsakis, claimed last week that five
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Newsletter 13 - 30/01/2015
statements and xenophobic tweets from representatives of Independent Greeks (Anel), including party... that the coalition with Anel was announced on the 70th anniversary of the liberation of Auschwitz... for these mistakes to accumulate in Athens. There are others who are prepared to engage with the new administration
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Retail sales recorded 3.7 pct rise in 2023, but volume dropped by 3.3 pct
EconomyMacroeconomyof 12.3 percent in 2022. Volumes in 2023 dropped by 3.3 percent in 2023. Retail sales had been growing... percent. The inflationary effects are reflected in volumes, with fuels up by 3.3 percent, a 5.4 percent
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Athens launches drive to pre-pay part of IMF loan, bringing budget benefits
EconomyProgrammeGreece has launched the formal process to pre-pay part of the loans it has received from the International Monetary Fund after Finance Minister Christos Staikouras officially requested clearance from..., Greece is due to pay 2.1 billion euros per year up to 2021, dropping to 1.9 in 2022 and 1.4 in 2023
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After pay rises in armed forces, PM faces calls for broader wage increases
PoliticsGreek Politicsthat members of Greece’s armed forces would see their pay increase by between 13 pct to 20 pct over... sector pay scale mean that civil servants’ wages have increased by 2.1 billion euros, which
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Mitsotakis unveils major defence package against backdrop of forces pay rise dispute
PoliticsGreek Politics. The announcement comes after a week of upheaval in New Democracy, as ministers called for pay rises... following the PM’s announcement of pay rises for armed forces personnel. Several prominent politicians
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Tax chief's departure brings coalition revenue plans under scrutiny
PoliticsGreek Politics, increased tax collection has also been coupled with an incessant pressure on Greek households to pay mounting debts to the state. A growing inability to pay taxes and social security contributions due... 2.5 million Greeks are failing to pay their taxes, with 4.3 billion euros of new debts being created
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Greek households continue to slash spending on goods and services
Society’ spending on education (3.3 percent) is one of the highest in Europe; at the other end of the scale, Norwegian households only pay 0.2 percent on schooling and learning. In comparison to 2014, spending... inactive person (1,102.32 euros or 77.6 percent of the average). Inequality Another important finding
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Working-class homes or millionaires' mansions - what's going under the hammer in property auctions?
EconomyFeaturesAthens. A few dozen protesters organised by the anti-austerity “I Won’t Pay” movement and the political... million euros), a factory (3.3 million euros), a school complex (2.9 million euros), a luxury residence... borrowers aren’t finding themselves in the first line of fire may have less to do with government policy
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Unpopular but effective property tax returns for another year
EconomyMacroeconomyMinister Giorgos Houliarakis recently said that 6 million households will pay the same or even lower ENFIA for 2016 compared to the previous year, while 500,000 are expected to pay a higher amount... ENFIA due would be much higher than that of last year and could top 4 billion in 2016 from less than 3.3
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