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Greece expects review to be completed by May 1 despite IMF objections
EconomyProgrammereduction of up to 400 euros for those with income between 28 and 43,000 euros and a higher tax burden (up... are currently taxed with a rate of 26 percent for income up to 50,000 euros. On the pension front
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Greek bailout talks yet to conclude as start of IMF meetings approaches
EconomyProgrammereplacement rates, which would range between 0.77 percent (from 15 years) up to 2 percent (for 42 years... income between 12 and 20,000 euros up to 50 percent for incomes above 65,000 euros. The key area... exempted for an amount up to 12,000 euros per annum. In addition, the tax rate on income from dividends
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What next for Tsipras the shapeshifter?
Agoraa deal that would add up, and therefore include debt relief, is open to some interpretation. However... an assertion that he could not back up? The truth is that there may be no single or clear answer... but there is an argument to be made that the debt issue does not have to be settled now and that easing up the fiscal
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Amid risk of 2015 re-run, Greece searching for deal with lenders
PoliticsGreek Politicsgathering but there were to many loose ends to tie up in time. There is no clear indication... on and no agreement being reached in the build-up to the British referendum. Athens fears that everything will be put... perhaps being able to squeeze out a better deal than if the Europeans simply line up behind the IMF
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Banks’ EFSF bonds QE eligible but with little impact on liquidity
Economyframework and conditions, up to 50 percent (18.8 billion) of those EFSF bonds could be used... of EFSF bonds in QE means that up to 18.8 billion euros could be sold to the Eurosystem at current prices... rumours or news. Limited impact Summing up, the participation of Greek banks’ EFSF bonds in QE does
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Overdue contributions rise by 429 mln to 15.78 bln in Q1
Economyamount of 3.55 billion making up 22.5 percent of the total debt. The largest debt bracket relates... by more than 5,000 QoQ to 138,434 at the end of March. The total amount of settled debt edged up... to the government scheme (law 4321/2015) that allowed debtors to pay in up to 100 installments. SSC
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The diversions of the past
Agoraan opportunity to decry the government’s poor record in ensuring law and order at refugee camps up... to cosy up with neo-fascists since the former minister took control of the opposition party. In fact... way to distract people from such blemishes. It also serves to cover up Tsipras’s own poor record
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Substantial ground for Greece and lenders to cover before May 9 Eurogroup
PoliticsGreek Politicsfor the negotiations to be wrapped up successfully. The announcement late on Thursday that eurozone finance... reductions but would have to draw up alternative measures that would produce the equivalent result..., though, that this will be enough to sway the IMF and Berlin, which sets up a tense and complex few days
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Gov't lowers tax-free threshold, prepares for third pillar of measures worth 1 pct of GDP
EconomyProgrammeand small businesses to 29 percent. The previous tax rate was 26 percent for income up to 50,000 euros... Introduction of a hotel overnight stay tax ranging between 2 euros for hotels with two stars up to 5 euros... departures in 2018. Summing up, from the third pillar of measures yielding 1 percent of GDP by 2018, 0.25
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Coalition prepares final legislation for review, opposition expects no upsets for now
PoliticsGreek Politicsthe fiscal mechanism demanded by creditors to ensure that up to 2 percent of GDP in contingent measures can..., even New Democracy appears to have given up hope of snap elections for the time being even though... have set up a joint committee to explore policy positions, Potami leader Stavros Theodorakis caused
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