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Newsletter 186 -07/12/2018
from their so-called “personal difference” being removed from their retirement pay. Meanwhile, some... banks (ANFA and SMP) can begin. The Greek government is aware that this is a watershed moment because... billion euros from the cash buffer to pay off part of Greece’s debt to the International Monetary Fund
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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
EconomyProgrammethe completion of the second post-programme review: To issue another sovereign bond and to pay off some... is 5 percent, whereas we can now borrow with 3.4 percent [from the markets] and the ESM loans are at 1.5 percent,” he said. “When you pay off the loans prematurely, you help restructure your debt so
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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... the European partners before this can advance.”
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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... with values and what kind of country and democracy we want,” he said. Mitsotakis is hoping that he can
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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... know that aspiring middle-class voters can be easily persuaded to vote for policies favouring
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MPs to vote on changes to governing process as opposition hits out at ND
PoliticsGreek Politics. The changes are due to be entered into the electronic system so applications can be made under the new terms... pay to be issued. Pensions have been a point of conflict between SYRIZA and New Democracy since... the number of pensioners waiting to receive their retirement pay and that the reform carried out
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ND unveils development bill it sees as catalyst for growth
PoliticsGreek Politics. The bill also tries to limit the cases in which there can be a unilateral appeal to arbitration during... to pay part-time workers their regular wage plus 12 percent if they stay longer than their normal hours. Also, employers will be deemed in breach of contract if they do not pay their workers for any
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Mitsotakis brushes off latest strike, opposition sides with protesters
PoliticsGreek Politicsrecently. On Wednesday, KINAL responded to Mitsotakis’s statement by claiming that “the many will pay... will be entitled to 12 percent overtime pay and businesses who agree to put their undeclared workers... the first platform from which the opposition can try to hack away at New Democracy’s strong ratings
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ELSTAT shows decrease in material deprivation, poverty risk, while education mobility remains static
Societybe unable to pay for a week’s holiday away from home. The figure rose sharply for poorer households, reaching 79.5 percent. Likewise, nearly half of all households said that they would struggle to pay... (education level, occupation) can affect the risk of poverty and social exclusion of the household
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