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Reopening of 10-year bond secures record low yield of 1.5 pct
Economyclosed at 13:00 UKT with offers of more than 7.6 billion euros, including 714 million of joint-lead manager interest. The transaction attracted more than 250 participating accounts with the lion’s share... banks at roughly 11 percent. The PDMA notes that the real money allocation stood at more than 87
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Despite ongoing budget talks, ND eyes more relief measures in coming months
PoliticsGreek Politicsat the end of 2020. Staikouras argued that a better-than-expected performance on the revenue side... by an average of 22 percent. According to the Finance Ministry, more than 1.1 million taxpayers applied... be paid out in advance, rather than applicants asking to be reimbursed for heating fuel costs, as had
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Vital economic legislation lined up as ND seeks compromise over diaspora vote
PoliticsGreek Politicswere able to reach an agreement, including over a fiscal gap that the lenders estimated to be more than... it will be clearer if the total amount will be more or less than expected. In his meetings... electoral roll and have lived abroad for less than 30 years, as well as being registered with the Greek
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Govt proposes property VAT reduction to kickstart home sales
EconomyFeaturesin order to kick-start the country’s stagnant property market. This would bring more than 100,000 unsold... the numbers for 2018 picked up, they were still around 85 percent lower than that for 2005, and the majority of the projects concerned involved refurbishments rather than new builds. Property sales
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ND looks to asylum bill, strong rhetoric to ease pressure from migration flows
PoliticsGreek Politicsin the flow, with reports suggesting more than 500 people arrived in dinghies on Lesvos since Tuesday... that Greece is facing a migration, rather than refugee, crisis and that most of the arrivals... the EU-Turkey agreement came into force in 2016, less than 2,000 people have been returned by Greece
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Energy bill also unveiled as legislative activity intensifies
PoliticsGreek Politicsreaction to the draft law, arguing that big business and individuals earning more than 100,000 euros per year, in other words less than 1 percent of taxpayers, would be the beneficiaries of the government’s... would be more than eaten up by rises in electricity prices, the large increase in the need
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Overdue social security contributions rise to 35.54 bln in Q3, new debtors rise
EconomyMacroeconomy) revealed. Until the end of 2016, KEAO was fed by overdue contributions of more than 5,000 euros from... amounts. A breakdown of amounts owed showed that 79 percent of debtors owe less than 15,000 euros each... than the amount for 2016 by 28.4 percent. For 2018, total revenue collection came to 1.37 billion
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Budget for 2020 eyes faster growth while balancing tax cuts with more revenues
EconomyMacroeconomyversion of early October. The economic assumptions underpinning the budget remain more ambitious than.... Public spending growth will more than halve compared to this year at 0.6 percent, while exports... billion euros, more than 1 percent of GDP. Public debt will remain broadly unchanged at 329.5
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Constitution tweaked, consensus sought for Greek diaspora vote and next president
PoliticsGreek Politicsthan 500,000 Greeks with voting rights can be tabled in Parliament. The most popular amendment (274... appoint technocrats to run Greece’s public hospitals rather than hand out the positions as political... media has been more subdued than when the leftists were in power.
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Amid hiring controversy, ND focusses on new round of tax cuts in latest bill
PoliticsGreek Politicscontroversy. The bill was tabled late on Tuesday after more than a dozen changes were made to the draft.... One-off debts, such as inheritance tax, can be paid off in up to 48 instalments, rather than... ride in the media than SYRIZA did, some of the lustre of the victory at the polls in July is wearing
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