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Budget primary surplus jumps to 1.19 bln in Jan, largely on rising PIB revenues
EconomyMacroeconomy. Meanwhile, tax refunds declined by 16.9 percent to 296 million, 50 million lower than target... of the annual target of 5.16 billion 2) Transfers to other entities of 37 million (from 60 million
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Greece seeks to finalise 1 pct of GDP in new tax measures to close review
EconomyMacroeconomybeing withdrawn. 2) Adjustment to the single property tax (ENFIA) rates to counterbalance the drop...) Rise in the levy on mobile telephony, with targeted revenues at 50 million. 8) Imposition of new
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Newsletter 69 - 08/04/2016
of 50 billion. Stathakis also said that Greek debt is sustainable until 2022, when a new round... by 15.9 percent in February.. 2 Shapeshifting Tsipras Prime minister’s aversion to the IMF is one of his
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Newsletter 71 - 22/04/2016
. Banks may sell up to 50 percent of their total 37.7 billion EFSF bond holdings to the ECB, replacing... by a 13.5 percent decline in capital goods. Manufacturing turnover saw a drop of 15.4 percent. 2
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IMF sets out stall ahead of crucial Eurogroup by proposing immediate debt relief
EconomyProgrammereduce gross financing needs and the debt ratio by around 7 and 25 percent of GDP respectively by 2060. 2... 50 percent of GDP in net present value (NPV), of which 18-24 percent of GDP would stem from fixing
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Deal for Hellenikon sealed; gov't sees improved terms, economic boost ahead
Economyeuros, 2 billion higher than the 6 billion envisaged in the initial agreement. In addition, 80 percent..., all necessary port works and the creation of 50 km of sidewalks and bicycle paths. It is estimated
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During crisis, proportion of Greeks in extreme poverty has risen almost seven times to 15 pct
Societyfrom 50 percent in 2011. In contrast, only one percent of families of civil servants, public sector... be reduced by 55 percent. The required sum is slightly above the 2 billion euros that Dianeosis says
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Encouraging signs for Greek banks in Q1 results but NPL management looms large
Agora, while Alpha and Piraeus recorded relatively modest net losses of 2 and 37 million respectively... stood at 49.2 percent from 50 percent in Q4. Most banks aim to reduce both their NPL and NPE stocks
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Coalition and opposition make proposal and counter-proposal in build-up to electoral law vote
PoliticsGreek Politicscompletely, but rather than 50 seats for it to be based on the party’s share of the vote. The centrists propose the winning party should be awarded an extra seat for each 2 percent of the vote it gains
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Eurobank remains profitable with net profits of 46.2 mln in Q2
EconomyBankingdropped by 2 percent in the first half (H1). Cost containment in the bank’s Greek operations was more... to 50 percent from 50.7 percent in Q1. The bank estimates a notable reduction in NPE formation in H2
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