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Athens, lenders trying to put last pieces in place for technical agreement
EconomyProgrammeproposed that the initial tax rate of 22 percent applied to annual incomes up to 22,000 euros be reduced... may see a significant decline of up to 30 percent in their currently paid main pension. Labour reform... was the liberalisation of the energy market. It seems that Greece and its lenders have agreed on the sale of up to 40
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Athens waits for dust to settle after Erdogan's victory in Turkish referendum
PoliticsForeign Policythe referendum campaign. The Council of Europe said the vote "did not live up" to certain standards... following a narrow victory. This optimistic approach has not yet been backed up by evidence, especially... to Erdogan. They argue that Erdogan's victory should be a wake-up call for the EU and Greece
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After agreeing measures, coalition sets sights on vote and debt relief deal
PoliticsGreek Politicsto Parliament next week, with the vote lined up for the following week, it was revealed on Tuesday. Speaking several hours after the negotiations at Athens’s Hilton hotel had been wrapped up, government... in Greece holding up a settlement. This underlines how important the prospect of debt relief now
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Tsipras rallies ministers and MPs before multi-bill arrives
PoliticsGreek Politicsprominent sceptics within SYRIZA about the deal with the lenders in the build-up to this week’s... on Wednesday that up to 1.1 million pensioners will have their income cut by up to 18 percent
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Industrial production improves by another 8.7 percent in March
EconomyMacroeconomyof the total index. Electricity production, which makes up more than one fifth of the total index, rose... of the total index. Furthermore, water supply production edged up 0.4 percent. All five main... goods (+7.7 percent), while production in consumer non-durables edged up 0.9 percent. The more
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Greeks express most negative sentiments about economy in global poll
Society. The public’s view of the economy is up from a low of 15 percent across these five EU nations in 2013, when.... An average of only 41 percent believe that a child in their country today will grow up to be better off... are the French, Japanese and Greeks. Responding to the statement “When children today in our country grow up
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Trash dispute troubles SYRIZA ahead of political lull
PoliticsGreek PoliticsThe government attempted on Thursday to come up with a temporary solution to the strike by municipal rubbish collectors, which has led to trash piling up in the streets. Around 5,000 local authority..., though, seems set to keep up its pressure on the government via other means, especially by highlighting
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Material deprivation rises, while poverty risk drops slightly
Societyaged up to 17 (1.0 percentage point) than other age groups. Material deprivation for children aged up.... Such households make up 31.4 percent of the category. A decrease of 1.3 percentage points was also
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PASOK launches attempt to form alliance that would rival SYRIZA
PoliticsGreek Politicsleader be elected by grassroots supporters, i.e. members that will sign up with the new entity... set up by former Prime Minister George Papandreou as well as other, even smaller, centre-left groups... party in the process. This development also opens up the possibility that if the process Genimmata
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Athens wrestles with timing of market return, aiming for maximum impact
PoliticsGreek Politicsmoved Greece up a notch from ‘Caa3’ to ‘Caa2’. Standard and Poor’s is due to publish its next... in the build-up to the exit from the programme next August, particularly as the International Monetary Fund’s... out that if market access is rushed, yields will go up after the first trial issue and undermine
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