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Greece, eurozone edge closer on pensions and fiscal gap but IMF keeps bar high
EconomyProgrammeof 190 in 2016. The tax has not been implemented so far due to deliberations between the Finance...), with targeted revenues at 100 million. But the VLT launch has been delayed and it is not yet known when... measures. Also, Greece has to identify measures yielding a total of 1 percent of GDP (0.75 percent coming
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EU meets on refugee crisis, bailout review but Greece's immediate fate seems sealed
PoliticsForeign Policyin the country for weeks or months. The Greek government has been preparing public opinion... through other routes, such as Albania, thereby also reducing the numbers Greece has to deal with on its... be resettled, as well as Turkey accepting migrants returned from Greece. Bailout review There has been
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Greek teenagers' behaviour charted
Societyfriendships and activities has found. Conducted by the Athens-based University Mental Health... one in five (19.2 percent) has one or two close friends. Their friends are often the best.... The prevalence of mobiles and social media, however, has not replaced personal contact, with 68.3
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Greece banking on Turkish cooperation in refugee plan
PoliticsForeign Policyas a genuine moment of gratitude given that Tsipras’s government has supported Turkey’s EU aspirations... with Turkey as the closure of the Balkan route has left it with few other viable options for reducing the number of refugees in the country. In fact, Athens has more to lose if the deal fails
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Programme review talks continue, progress on tax, pensions and NPLs at a premium
EconomyProgramme, the government has proposed the introduction of an additional tax rate of 40 percent for income above... with 15-20 working years. The initial government red line of “no cuts to pensions” has been replaced... be an agreement on NPL sales. He noted that the government has proposed loans to SMEs and the self
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Greece and lenders hold inconclusive talks on tax and pensions
EconomyProgrammehas to be lowered to 7-8,000 euros, while the government has counter-proposed a lower drop to around..., an agreement on the taxation of farmers is still pending. The government has reportedly proposed two
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Declining flow of refugees gives struggling government some hope
PoliticsForeign Policyof 1,968 in February. Also, reports from the Turkish coast indicate that smuggling activity there has... facility at the port. This has put a strain on limited resources and there has yet to be any definitive
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Marfin Investment Group returns to profit in 2015
EconomyMarfin Investment Group (MIG) has released its 2015 annual results showing that for the first time... compared to a loss of 17.8 million in 2014. The group, listed on the Athens Stock Exchange since 2007, has... the challenging economic environment, MIG’s financial performance has improved substantially
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Piraeus Port Authority announces profit increase for 2015
EconomyBankingThe Piraeus Port Authority (PPA) has released its annual financial statement for 2015, showing post... and one of the largest in Europe, has a split ownership between COSCO (51 percent), the Greek Shipping... Piraeus. The Association of Mediterranean Cruise Ports has said that a 3.1 percent increase in cruise
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Optimism for Cyprus solution abounds but talks at delicate phase
PoliticsForeign Policyhas leveraged its position due to the refugee crisis. EEZ complications Despite the increased... continental shelf in the Eastern Mediterranean, as has been registered before the UN.” The decision... compromises and is one of the reasons that he has played down the prospects of an agreement
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