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Court ruling on pension cuts could create new problem in talks, fiscal plans
EconomyProgrammethreshold. In particular, for pensions (or sum of pensions) between 1,000 and 1,500 euros the cut was 5 percent, between 1,500 and 2,000 the reduction was 10 percent and for amounts above 2,000 the cut
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Proposed VAT overhaul a stepping stone towards agreement with lenders?
EconomyProgramme(excluding Crete) enjoy rates that are reduced by 30 percent and currently stand at 16, 9 and 5 percent... corresponding to around 17 percent of GDP, which is well above the EU average of 10 percent.
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Court orders 2012 pension cuts to be reversed, costing up to 1.5 bln
Economy1,000 and 1,500 euros the cut was 5 percent, between 1,500 and 2,000 the reduction was 10 percent
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Unemployment edges up for second consecutive quarter in Q1, reaches 26.6 pct
EconomyMacroeconomy) improved by almost 5 pp YoY landing at 51.9 percent, while that for the next age group (25-29 years... broadly stable QoQ at 10 percent of total employed with almost 69 percent of part timers noting
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Most services in Greece see turnover improve in Q1
EconomyMacroeconomythe evolution of turnover indices shows mixed trends with 5 out of the 14 service activities... percent), employment (+10.7 percent), management consultancy (+10 percent) and legal and accounting
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Greek stocks dive by 4.7 pct as bond yields climb on absence of deal with lenders
Economythe last two sessions, Greek shares fell by more than 10 percent, while their cumulative losses...). Turnover peaked today just shy of the 100-million-euro mark, its highest reading since June 5. Last
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Greek stocks down by 4.77 pct as bond yields head further north
Economyled by NBG (-10.9 percent), Piraeus (-10 percent) and Alpha (-9.5 percent). The sharp drop in share... since June 5. Bonds The Greek government bond (GGB) yields continued heading north unabated on Tuesday
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What next for Greece's revenues and spending?
Agorachildren (at 21.5 percent of the annual target of 650 million) 5) Grant to the Intergenerational... expenditure stood at 15.65 billion euros in the 5-month period, 1.67 billion or around 10 percent below
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EU makes dramatic revision to economic forecasts, sees recession of 2-4 pct this year
Economyare now estimated to reach 10 billion in the baseline and 4 billion in the adverse scenario compared... shows 3) Interest payments of 17.8 billion 4) Arrears clearance of 7 billion 5) Cash buffer
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Greek government commits to new fiscal measures for third bailout
EconomyMacroeconomyincreasing to 20 percent in 2016 and further to 26 percent in 2017 4) Tax on television advertisements 5... in headcount and procurement 10) Better target eligibility to halve heating oil subsidies expenditure
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