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  1. Coalition's proposal for PR electoral system unlikely to clinch supermajority
    Photo by MacroPolis

    PoliticsGreek Politics

    that the new system applies immediately rather than from the general election after the next one... · Maintaining the 3 percent threshold for parties to enter Parliament The abolition (rather than a reduction... a key role in the process (even the possibility that it, rather than the election winner, could lead

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  2. Finance Ministry says revenues beat revised target by 105 mln in July
    Photo by MacroPolis

    EconomyProgramme

    of their target by more than 500 million euros, the Finance Ministry (MoF) clarified via a non-paper that July... refunds) reached 5.24 billion euros, 333 million lower than the target, while tax refunds were 180... ENFIA instalment was due in August, one month earlier than the recent MoF announcement. It is not clear

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  3. Coalition seeks to quash concerns about complications with Hellenikon development
    Photo via Flickr https://flic.kr/p/r7FCCf

    PoliticsGreek Politics

    argued that the 915-million-euro winning bid was much less than the state should have secured... until 2018, four years earlier than the initial agreement, Lamda will invest 8 billion euros, rather than original 6 billion, 80 percent of those investments will be implemented within 12 years instead

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  4. Property tax notices for 2016 to be issued, collection target remains same

    EconomyMacroeconomy

    or 2.4 million of taxpayers will pay less ENFIA in 2016 than in 2015, while 35 percent or 2.5... amount. However, 690,000 taxpayers (less than 10 percent of total) would have to pay a higher ENFIA... less, for 3.12 million (41.8 percent) it ranged between 200 and 1,000 euros, while for more than

    3%

  5. Rise in number of Greeks insured in 2015 but average salary edges down
    Photo by MacroPolis

    Economy

    , showed the number of insured individuals increased by more than 100,000 or 5.9 percent to 1.8 million... employment increased at a higher rate of 9.9 percent to more than 524,500 and accounted for 28.5..., renting and business activities. The respective distribution by occupation indicated more than one

    3%

  6. New round of cuts in supplementary pensions

    Economy

    trimmed in August. For more than two thirds of the 66,900 pensions, the weighted average drop rate stood at 8-10 percent, meaning a decline by less than 20 euros per pension, ETEA noted. The second... paid to public pensioners was cut by more than 40 percent to eliminate the annual deficit

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  7. New overdue taxes increase by 811 mln in July, total stock at 90.4 bln

    EconomyMacroeconomy

    the 1-billion-euro mark since April. In aadition, the number of tax debtors increased by more than... to more than 81 percent of the annual target of 2.05 billion. The collection of new tax debt (excluding... in July from 43.5 percent in June. Therefore, the 7-month rate more than halved in one month to 10.3

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  8. Broadly stable rate in time deposits, corporate loan rates fall in Aug

    EconomyMacroeconomy

    was 36 bps in loans for amounts less than 250,000 euros, where the rate landed at 5.82 percent. Lower decreases of 19 and 4 bps were recorded for amounts higher than 1 million euros and between... bps higher than the eurozone average rates. In the household lending sector, the rate for housing

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  9. Row with church too much for Tsipras's fragile coalition
    Photo by Harry van Versendaal

    Agora

    Fylis announcing his intention to alter the classes so they are more like religious studies than..., for instance, has a much more favourable view of Russia and its president, Vladimir Putin, than is normal... relationship with Russia than to be tough with it in foreign policy disputes. A median of 48 percent

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  10. IMF's role in Greek bailout remains in doubt
    Photo by World Bank via Flickr https://flic.kr/p/bPr6Y6

    EconomyProgramme

    accept a special advisory status with limited powers rather than participating with funding in a new... that the IMF remains on board. The same sources noted that the IMF could have more powers than a simple advisor... than 104 percent of the target set for the July–September period. The same sources also confirmed

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