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  1. Deposit rates stable, avg loan rate below 5 pct for first time since 2002

    EconomyMacroeconomy

    to the 10 consecutive months of rises that resulted in a cumulative decrease of 100 bps during... slightly eased by 7 bps over this period. In contrast, the time deposit rate had followed a sharply

    13%

  2. Court ruling on pension cuts could create new problem in talks, fiscal plans
    Photo by MacroPolis

    EconomyProgramme

    -deficit clause in supplementary pensions. Law 4093 was voted through Greek parliament on November 7, 2012... percent, between 1,500 and 2,000 the reduction was 10 percent and for amounts above 2,000 the cut

    13%

  3. New fiscal measures aim to edge Greece closer to deal with lenders
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    in the luxury tax rate applied on cars with large engine capacity (less than 10 years old), pools... reconsider imposing this new tax as the impact on hotel accommodation could be significant. 7

    13%

  4. Greece seen having older and much smaller population by 2060

    Society

    is expected to climb by 7 percentage points by 2020. By 2060, Greece’s share of older workers (aged 55 to 64... to workers. That increase is not likely to exceed 10 percentage points, while in Romania, Slovakia, Poland

    13%

  5. Back to the technocrats for Tsipras after Riga meeting yields little

    PoliticsGreek Politics

    that the current negotiations at Brussels Group level could be concluded in the next 10 days. However... but that the Greek side does not want to scrap one of the brackets. Greece is proposing three rates (7, 14 and 22

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  6. The key points from lenders' proposals to Greece

    EconomyProgramme

    ) Freeze monthly guaranteed contributory pension limits in nominal terms until 2021 7) Increase..., the government will transfer the state’s stake (10 percent) in OTE to the HRADF and take irreversible steps

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  7. Court orders 2012 pension cuts to be reversed, costing up to 1.5 bln
    Photo by MacroPolis

    Economy

    Greek parliament on November 7, 2012. It imposed progressive cuts in all public and private sector... 1,000 and 1,500 euros the cut was 5 percent, between 1,500 and 2,000 the reduction was 10 percent

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  8. Greek stocks down by 4.77 pct as bond yields head further north

    Economy

    is the lowest reading since September 7, 2012. Over the last three sessions, Greek stocks have plummeted 14.6... led by NBG (-10.9 percent), Piraeus (-10 percent) and Alpha (-9.5 percent). The sharp drop in share

    13%

  9. IMF preliminary DSA finds Greek debt unsustainable, points to need for debt relief

    EconomyProgramme

    ), while arrears’ clearing stands at 7 billion in the next 12 months and the same number is assumed..., the concessional financing for a prolonged period (10 years) would retain gross financing needs

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  10. Yes or no, complex political developments lie ahead for Greece
    Photo by MacroPolis

    PoliticsGreek Politics

    Up to 9.85 million registered voters will cast a ballot in this Sunday’s referendum, which could decide whether Greece’s future lies within the eurozone or not. Polls opened at 7 a.m. and close 12... “Yes” and “No” and that there is no delay in counting votes at the 10 percent of polling centres

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