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Tsipras tries to use Brussels warning to his political advantage
PoliticsGreek Politics,” he said. “Mr Mitsotakis insists on talking about the need to adopt a 1:5 hiring rule, while we have managed to secure a 1:1 ratio,” he said. Tsipras concluded with a warning that Greece has
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Newsletter 209 -07/06/2019
have an estimated impact of around 1 percent of GDP, or 1.8 billion euros, and is seen as being... and not creating an extra 1 percent in fiscal space for growth-enhancing reforms of the tax system... a fiscal cost of more than 1 percent of GDP in 2019 and beyond. These range from tax repayments
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Mitsotakis vows to push on with tax cuts despite fiscal concerns
PoliticsGreek Politicsthe first hirings (1,500 people) would be made in the police force, adding that the 1:5 ratio may... that it would reach the 1:1 ratio the government has been implementing since the start of the year. Justice
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Unemployment rate up to 19.2 pct in Q1, long-term jobless still falling
EconomyMacroeconomythe 1 million mark for a fourth consecutive quarter. However, Q1’s unemployment figure was the highest... age group where unemployment fell by 2.8 pps to stand at 28.3. An increase of 1 pps was seen in those... unemployed (over 1 year) declined for a seventh consecutive quarter to 589,000. Out of the total, long
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Newsletter 216 -26/07/2019
percent for properties ranging from 80,000 to 1 million, which relates to 1.5 million middle class taxpayers, and 10 percent for the 14,706 people who own property worth more than 1 million euros... to Greeks saving another 1 billion euros. The Finance Ministry hopes that a good deal of this money will go
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BoG awaits go-ahead from DG Comp over NPL scheme
EconomyBankingproperties worth around 1 billion euros. It is expected that the deal will open the way for Piraeus... the transaction on October 1, 2019. The end result will be the largest NPL management company... 2019 CET 1 ratio). In its latest financial stability report, BoG noted that during 2018, NPEs
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Q2 rise of 7.7 pct in apartment prices marks 12-year high
EconomyMacroeconomythat house prices increased by 1.7 percent in 2018, compared to an average price contraction of 1... compared to a downward revised decrease of 1 percent in 2017. Properties up to five years old saw price... on average by 2.7 percent in Athens and by 1 percent in Thessaloniki. In other cities, prices rose
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Tax cuts spearhead Mitsotakis's message in Thessaloniki
PoliticsGreek PoliticsJuly 1 next year. Mitsotakis said the aim is to bring them down by 1 percentage point by the end... two years should be to enhance our bilateral trade from 650 million dollars in 2018-19 to 1 billion
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Vital economic legislation lined up as ND seeks compromise over diaspora vote
PoliticsGreek Politics1 billion euros a few weeks ago, partly as a result of market developments, which saw Greece... priorities are on the economic policy front over the coming months: 1) Achieving the fiscal targets, 2... for anyone paying contributions after January 1, 2021. The proposed change has already been heavily
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Greece aims to bolster Balkan role to dull impact of EU veto for Skopje, Tirana
PoliticsForeign Policyaffected by delaying the beginning of North Macedonia’s EU accession are: Article 1 paragraph 10... in accordance with Article 1 (3) shall commence at the opening of each EU negotiation chapter... following the agreement are referred to in paragraph 9 of article 1. They add that Skopje has a clear
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