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Unpopular but effective property tax returns for another year
EconomyMacroeconomyup just 0.7 percent of total ENFIA due. This bracket had the lowest collectability rate of 73.1... an ENFIA amount up to 200 euros. In addition, for almost eight in 10 (78.5 percent) the ENFIA amount was up to 500 euros, which means that that 5.86 million taxpayers owning 30 percent of the property
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General govt primary cash surplus expands to 3.3 bln at end-June, arrears rise to 7.2 bln
EconomyMacroeconomyin the course of the year was recorded in SSF arrears by 381 million to 3.15 billion making up almost... of 24 million year to date with their stock at 1.31 billion in June making up more than 18 percent... to the IMF. Following the evolution in June, the EFSF/ESM/IMF loans rose to 225.96 billion making up
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Justice can't be blind to facts in 2009 deficit case
Agorathe startling truth behind how Greece ended up needing the largest bailout ever put together for a country.... Also, if the plan was to pump Greece’s deficit figure up to protect Ireland, which had a 14.3..., competitiveness, etc), what Greece woke up to in 2009 was the realisation that its decision makers fell asleep
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Tsipras tries to push snap election talk off political agenda
PoliticsGreek Politicsfor a small contraction is in sight and tourism figures for July picking up substantially. The fact... in the coming weeks, especially with the Thessaloniki International Fair coming up in September, when he..., such as the recent dispute over the police’s stance vis-a-vis activists, opens up a sizeable ideological rift
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Fitch affirms Greece’s rating at ‘CCC’
Economy, and arrears build-up to last into the second quarter of 2017 without needing the tranche that would... of slippage in the previous programmes. The rating agency expects GDP to pick up in the second half (H2... would lead to a moderate pick up in deposits in H2. Thus, it expects Greek banks will continue
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Mitsotakis pledges tax cuts, looks for party balance and broad appeal
PoliticsGreek Politics, and Antonis Samaras before him, have been tripped up by tax cut pledges that they were not able... said that he could make savings of up to 800 million euros, although he stressed that this would... period of time and that reducing the target would free up 3 billion euros that could go towards tax
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Primary cash surplus to Aug narrows to 2.4 bln, including arrears repayment of 1.6 bln
EconomyMacroeconomy, the comparable primary cash surplus reached 3.98 billion, up by 913 million from last year. The primary cash... exclude the monthly arrears repayments, we end up with a figure of 492 million for August 2016. Moreover... stood at 4.08 billion, down 7.1 percent from last year. The adjusted figure edged up 2 percent
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Greek government risks mauling after straying off
Agora. Having held it up as a shining up example of its self-professed attempt to tackle the “triangle... in The Lion King holds up Simba for everyone in the Pride Lands to see, the government now faces... bending of the rules so the bidder with the supposed closest ties to the government could end up
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Greek households continue to slash spending on goods and services
Societythe highest in Europe, while accommodation and housings takes up a lower share. Greek households... takes up 36.7 percent of monthly household expenditure but in Denmark only 10.7 percent. Other main... household spend go up, by 1.2 percent (from 105.76 107.06 euros). The breakdown of goods
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Net job hirings of 7,788 in September; highest 9-month figure since 2001
EconomyMacroeconomyThe employment balance turned positive in September, with net hirings standing at 7,788, up from... employment made up 38.9 percent of hirings, which is by far the lowest reading so far this year. However...-to-date employment balance remains positive, with net hirigs of 245,605, notably up from the figure
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