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  1. Newsletter 157 -30/03/2018

    Newsletters

    will be released on Wednesday, with another 1 billion to follow for arrears clearance after May 1... pensions (and possibly cutting the tax-free threshold for incomes) by 1 percent of GDP in 2019... indicators over the last 12 months, having recovered by nearly 20 points from -72.2 in April last year

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  2. Newsletter 161 -11/05/2018

    Newsletters

    the new rates to be in place on June 1, it wants to avoid any sharp rises in working class... by the end of the programme on August 20. The total figure still outstanding at the end of March was 3.4... percentage points. The Greek lenders started the exercise with Common Equity Tier 1 (CET1) ratios

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  3. About last night
    Photo by MacroPolis

    Agora

    half a day to reach a deal at 1:30 a.m. on Friday regarding the package of debt interventions... in from 2023, when the previous grace period was due to expire. This would require an additional 1 billion... expenditure by 1 percent of GDP and increase the tax base by lowering the tax-free threshold to bring

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  4. Tsipras pledges array of tax cuts, hopes for break on pensions
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    to implement next year the 1 percent of GDP reduction to pension spending but did not go as far as declaring..., particularly by boosting consumption. Fiscal Regarding next year’s pension cuts equivalent to 1 percent of GDP... to be implemented in 2020 with the aim of delivering extra revenue equivalent to 1 percent of GDP

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  5. Take your seats

    Agora

    -employed from 20 percent to 13.3 percent (in line with salaried workers), a cap on supplementary pension... and the reduction of the top rate of VAT from 24 to 22 percent in 2021, with the lower rate dropping 1 percentage point from 13 percent to 12. He also pledged that 1 billion euros in backpay would be handed over

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  6. Newsletter 222 -04/10/2019

    Newsletters

    20 percent are Syrians, who are eligible for asylum. Almost 39 percent of this year’s arrivals were... Thomas Cook for 1, 2 and 3 star hotels came to an average of 48 percent of overall turnover... that for every 1 euro of tourism revenue generated in Greece, another 2.50 euros is generated indirectly

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  7. Piraeus Bank posts net profit of 44 mln in Q3 from continued operations
    Image via www.piraeusbank.gr

    EconomyBanking

    a profit of 44 million euros compared to a net profit of 20 million in Q2 2019. This marks a fifth... (NII) dropped by 1 percent QoQ to 353 million euros, representing a rise of 1 percent year-on-year... (project Phoenix), with a time frame to completion in H1 2020, along with 1 billion commercial

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  8. Newsletter 17 - 27/02/2015

    Newsletters

    euros to the International Monetary Fund in March. Revenues falling almost 1 billion short... rubbing salt into the Greek side’s wounds after the Eurogroup deal on February 20, when he wondered aloud... and IMF managing director Christine Lagarde negotiated on February 20 with Varoufakis in one room

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  9. General gov't cash surplus sees large contraction in Jan-Feb, arrears edge up

    EconomyMacroeconomy

    fiscal change this year of almost 1 billion YoY. This sector has had the worst fiscal performance so... million, making up more than 20 percent of outstanding arrears. Social security funds followed suit..., tax refunds fell by 20 million MoM and a total of 127 million year to date, reaching 628 million

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  10. Newsletter 39 - 21/08/2015

    Newsletters

    date of the elections, which are likely to be held on September 20 or 27. The New Democracy leader’s... account balance was in surplus for the second successive month in June but it narrowed by 20 percent year on year (YoY), falling to 1 billion euros from 1.25 billion in 2014. The YoY deterioration mainly

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