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Tracing the decline of the middle class as parties vie for its votes
EconomyFeatures26 European Parliament elections, the parties have been vying for the middle-class vote. New.... Households earning 12,000-16,000 euros saw their tax increased by 21 percent in 2012-2014 and 26 percent... are due to be auctioned off by the banks in the coming years, in addition to the 20,000 already sold
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Budget primary surplus confirmed at 831 mln in Feb
EconomyMacroeconomymillion) and other taxes on production (+26 million). At the same time declines against the target... million) and property tax (-26 million). Tax refunds came to 723 million euros in the aggregate period... allowances by 330 million euros following the one-off payments of law 4575/2018 completed in 2019
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Newsletter 274 -20/11/2020
by 9 pct this year and recovering by 5 pct in 2021. It is noted though that the cut-off date for those... debt came to 3.90 billion euros in September, down by 26 pct year-on-year. The month-on-month rise... for the same period last year by 26 percent. New unpaid obligations from tax categories showed a rise
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Growth treads water as PM targets relief for households
EconomyMacroeconomyand 650 euros for 26–30-year-olds. Someone with three children, earning 15,000 euros will be better off... between 26 and 30 years for the 10,000-20,000 will pay tax of just 9 pct. This leads to significant income
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Lack of trade-offs for Athens keep deal with creditors out of reach
PoliticsGreek Politicsis reportedly prepared to lower the corporate tax rate from 29 percent to 26 but also wants some of its... for Tsipras to emerge with a package of measures that satisfies his MPs and members, and which he can
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In hindsight it would have been nicer
Agoraand debt trajectory were veering off track. This is in contrast to the often cited criticism that Greece’s... for potential bank bailouts, the preferred path was to saddle Greece with debt to pay off these banks... a staggering 24 billion euros or 10 percent of GDP just four years ago. Every single troika member
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Lest we forget
Agorathey systematically sawed off Greek democracy’s legs, Indifference, short-term thinking, avarice... rearing its head and feeding off this rotten system cannot be discounted. Even if things go... in the collateral damage column. Each and every one is a stain on Greece’s democracy, regardless
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Greece sets out broad reform plan for lenders' approval
EconomyProgrammeon Tuesday afternoon to sign off on the list. Speaking to the European Parliament's economic... of the society, and particularly the well-off, contribute fairly to the public finances. That said, a wealth... spending in every area of government expenditure, drastically improve the efficiency of central and local
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Newsletter 20 - 20/03/2015
percent of the huge outflows went off-shore while the remaining 40 percent was kept in Greece. According.... The incentives and risks are considerable. But if this opportunity is wasted, all bets are off. By Jens... that almost every eurozone finance minister deems it necessary these days to make more or less
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Waiting for the hurricane
Agoragoverned exactly like it acted in opposition, trying to feed off ideological clashes and attempting... off course and the worst will be averted. *This article was first published in German by Die Zeit... the hurricane season. Greeks have been checking the news every day to see if the storm will hit, causing
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