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Newsletter 70 - 15/04/2016
Finance Minister Euclid Tsakalotos, Labour The new tax-free threshold of €9,091 euros is a government.... The Finance Minister underlined that the new tax-free threshold of 9,091 euros is a red line..., which have demanded a lower threshold of 8,182 euros as a means to widen the salary-earners’ tax
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Bailout talks resume with key issues pending and contingency measures emerging
EconomyProgrammethreshold, with the government proposing it should be reduced from its current level of 9,550 euros... is 8 percent. Greece's minimum (tax-free) threshold is higher than in Germany and other countries... of main and supplementary) above the 1,300-euro threshold and development of ETEA reserves
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Compromise emerges on liberalisation of NPL market
EconomyProgrammebased around the value of the property and owners’ incomes. For housing NPLs, the threshold under... value, as used for tax purposes, of 140,000 euros. In terms of income, the maximum threshold... the NPE stock surpassed the 110-billion-euro threshold at the end of 2015 and is expected to rise further
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Newsletter 81 - 08/07/2016
for the winning party but retaining the 3 percent threshold for entering Parliament – would apply... of removing the bonus but also wants to scrap the 3 percent threshold. As a result, the government separated... of the 50-seat bonus even if it votes against the maintenance of the threshold. Should the KKE and Golden
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Newsletter 86 - 26/08/2016
parts of Greek society below the poverty threshold, which in 2015 was 4,512 euros of annual income... to the poverty threshold set in 2005. When measured that way, the deterioration of living standards is startling as 42.2 percent of Greeks have dropped below the poverty threshold of 2005, from just
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Greece's harsh social reality
Agora-market developments have pushed parts of Greek society below the poverty threshold, which in 2015... current income is compared to the poverty threshold set in 2005. When measured that way... threshold of 2005, from just 16.3 percent in 2010. That amounts to an almost threefold increase
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Athens holds back proposal details ahead of Thursday's Eurogroup
PoliticsGreek Politicsand the lowering of the tax-free threshold for personal incomes, and an increase to middle VAT rate from... that the tax-free threshold is up for negotiation with the lenders. This appeared to run counter... the tax-free threshold is due to be reduced. This incident reflects the nervousness within
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Athens searching for compromise formula should IMF remain on board
PoliticsGreek Politicsthat Athens may be willing to concede ground on the lowering the tax-free threshold for personal incomes.... Athens may argue that the lowering of the tax-free threshold will be enough to cover the fiscal gap. Finance Ministry sources said earlier this month that a reduction in the tax-free threshold of 8,636
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Athens waits for Moscovici visit, eyes debt relief and lower volume of measures
PoliticsGreek Politicsfor a less drastic reduction in the tax-free threshold (the government would not want to drop it lower... admitted that the lowering of the tax-free threshold (one of the upfront measures demanded by the lenders...-free threshold and cuts to pension spending now, it will be able to take counter-balancing measures
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Eurogroup agrees return of mission to Athens but key issues unresolved
PoliticsGreek PoliticsCommissioner Pierre Moscovici, stressed that the measures under consideration (lowering tax-free threshold... that the early adoption of the reduction of the tax-free threshold and scrapping of the so-called personal... from within SYRIZA) for agreeing to legislate reductions to pensions and the tax-free threshold
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