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Rival parties interpret Novartis settlement differently, serving own ends
PoliticsGreek PoliticsThe decision taken by drugs giant Novartis to pay 347 mln dollars to US authorities for corrupt... of graft allegations. Novartis will pay the penalty to the US Department of Justice and the Securities... majority of the total amount paid out by the drugs firm, related to its activities in Greece. SYRIZA
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Flagship pension reform hits snag over transition cost
PoliticsGreek Politicspay. According to multiple reports on Friday, within the context of the 11th post-programme review... to reports, Athens wants to give businesses and household the ability to pay off the virus-related debt... obligations this year. The total during the first five months of the year reached 2.9 billion euros
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Govt prepares ground for unvaccinated to face penalties
PoliticsGreek Politicswithout pay for as long as the pandemic remains a threat. This requires an alteration to the civil... with respect to some public servants potentially being suspended for long periods without pay in the months... administered around 10mn vaccines, resulting in 51.3 pct of the total population having received
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Newsletter 324 - 21/01/2022
conditions in a distant third on 28 pct. Only 7 pct of respondents said they can pay their energy bills without any problems, while 24 pct said they cannot pay. In terms of overall support... with three new bond issues, three re-openings and one swap of PSI leftover bonds, for a total amount
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Government dampens expectations for handouts in PM's speech
PoliticsGreek Politicsthat the total amount that would be allocated to support measures would not exceed 450 million euros... for pensioners who will miss out on the retirement pay increases next year is also locked... will not receive higher retirement pay because of the so-called “personal difference,” which meant
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Budget marks return of trust, argues Mitsotakis
PoliticsGreek Politics1.1 pct this year. The total deficit is due to halve to 2.49 billion euros, at -1.1 pct of GDP, from..., the first pension increases in 14 years, which will kick in from January, and pay rises for civil servants... on Sunday. He said that on-duty hospital staff would receive a 20 pct increase in their pay. PASOK
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New Democracy continues to court right-wing voters with defence package, identity politics
PoliticsGreek PoliticsAfter unveiling a major defence procurement programme and committing to pay rises for the military... with a promise to look at pay rises for emergency service personnel in the autumn, and an attack on Course.... In the projected results, New Democracy stands at 28.6 pct, while ten parties in total make it over the threshold
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Eurobank: From nationalisation to re-privatisation
Agoraat an earlier stage. The total consideration for the former stood at 681 million paid to the HFSF in the form.... Unlike the other three systemic lenders, Eurobank’s management has recently indicated it will not pay... by the HFSF after the announcement of its acquisition by Eurobank. This brings the total direct
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Greek gov't targets unpaid social security contributions: The numbers involved
Economyfor the settlement benefits should regularly pay thereafter their current SSC obligations. Through... of the October 2014 headline figure showed that 1.76 billion euros (21 percent of total) stems from 221,700 debtors (59 percent of total) owing up to 20,000 euros each. The remaining 6.6 billion (79
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Working-class homes or millionaires' mansions - what's going under the hammer in property auctions?
EconomyFeaturesAthens. A few dozen protesters organised by the anti-austerity “I Won’t Pay” movement and the political... for 106 lots, while 75 individuals were named against a total of 177 lots. On 28 March, there was a similar split. Out of the total 240 lots, 43 businesses accounted for 92 lots, while 75 individuals
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