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Privatisation of power transmission firm ADMIE a key challenge among prior actions
EconomyProgrammeeuros, while its operating expenses were cut by 20 percent to 81 million. As a result, the company’s... replacement of the 20 percent discount for energy-intensive users and lowering by 25 percent the retail
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Greek teachers low paid, but work shorter hours in smaller classes
Societysessions, and after 12 years to 18 sessions. After 20 years of service, teachers are required... their careers. However, the remaining hours of teachers’ working time must be spent at school. In the 20
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Tsipras seeks MPs' loyalty before next vote, leaves door open on future alliances
PoliticsGreek Politicsof this week but the Greek government has suggested will happen by December 20 at the latest. In Monday’s... they were getting into when they were elected on September 20. This may be enough to embarrass any
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Multi-bill tabled in Parliament, paves way for sale of NPLs
EconomyProgrammeNPLs at 20 billion and consumer NPLs at 10 billion. In addition, another 10 billion of NPLs stemming..., the relevant cost ceiling is set at 570 million euros for 2016 and will be lowered by 20 million per annum
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Pension reform brings painful overhaul in social security contributions for self-employed
Economycalculation is based on the application of a 20 percent rate on net income for main pensions, 7.5 percent.... Press reports indicate this ceiling could reach 55 percent for annual income between 20 and 30,000
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Wide range of exacting issues lie ahead for Greece in first bailout review
EconomyProgrammetax rates for farmers (from 13 percent in 2015 to 20 percent in 2016 and further to 26 percent.... The first part (13 billion) of the first tranche of 16 billion was disbursed on August 20, while two
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Coalition hopes to ride out pension and tax dispute with farmers
PoliticsGreek Politicspercent in 2015 to 20 percent in 2016 and further to 26 percent in 2017. It should be noted... security contributions. They would almost triple from roughly 7 percent to 20 percent of their income
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Meeting with farmers marks start of renewed effort to reach bailout review deal
PoliticsGreek Politicssocial security contributions of 10 percent in 2017-18, 15 percent in 2019-20 and 20 percent in 2022... and 20 percent in 2019. He may also offer the farmers the option of paying lower social security
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Greece and lenders hold inconclusive talks on tax and pensions
EconomyProgrammeafter three or five years. The bailout commitment calls for a rise in farmers’ tax rate to 20 percent...) to be granted after 20 working years. This means that if the government insists on its initial proposal for 15
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Athens and creditors edge closer on tax and pensions but gap remains on NPLs
EconomyProgrammeshould be granted after 20 working years compared to the initial government proposal for 15 years... entail a cut in supplementary pensions above 150-170 euros by more than 20 percent. The Labour
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