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Leaders present voters with stark choices as campaign reaches climax
PoliticsGreek PoliticsThe campaign for the European and local elections is set to reach its climax on Friday, when Prime... to win by a difference well in excess of 5 points in the European Parliament elections and secure well... officials hinting that the winning margin might be below 5 points. Nevertheless, the opposition party’s
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Omnibus bill goes to Parliament as Greece seeks to unlock 2 bln sub-tranche
EconomyProgrammebefore the age of 58 years. 5) As of September 1, 2015 pensioners’ special contribution.... The key measures included in the draft legislation are as follows: Pension 1) The statutory retirement age limits gradually increase as of August 19 until January 1, 2022. 2) The minimum pension
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Greece and creditors try to untangle pension complications
EconomyProgrammeParliament on July 15 included the following pension-related interventions: 1) Health contributions...) for supplementary pensions retrospectively as of July 1. This means that pre-tax pensions... 1, 2015. 3) As of January 1, 2016 the state’s guaranteed social security contributions to main
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Piraeus Bank posts net profit of 44 mln in Q3 from continued operations
EconomyBanking(NII) dropped by 1 percent QoQ to 353 million euros, representing a rise of 1 percent year-on-year... (project Phoenix), with a time frame to completion in H1 2020, along with 1 billion commercial... As mentioned, NII stood at 353 million euros, down by 1 percent QoQ and representing a rise of 1 percent
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Where is Odysseus? Part 2 - Uncertainty
Agorawith data through mid-2018.[1] The book presents a long-run baseline scenario for Greece to help make... pressures. In Part 1 (Blog 16) of our follow up, we recalculated the baseline demographic outlook... looking uncertainty interval. Consider Figure 1 below, which shows not a single updated demographic
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Latest polls add to uncertainty ahead of Sunday's elections
PoliticsGreek Politicsof Macedonia poll for Skai TV, which had put SYRIZA 1 point ahead last Friday now shows New Democracy... ahead (by four points) but with its lead narrowing by 1 point since last week. Kapa Research shows... G Dawn 6.5 KKE 5.5 PASOK 5 Potami 5 Centrist Union 4 Popular Unity 3 Ind Grks 2.5 #Greece
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Newsletter 284 - 12/02/2021
. Secondary pupils had only returned to school on February 1. Mitsotakis said that the measures would... of March, including most of the vulnerable groups. As of Thursday, close to 5 percent of the Greek... by 3.5 pct in 2021 and 5 pct in 2022. In autumn, growth for 2021 was forecast at 5 pct, already
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National Bank posts 9-month profits of 1.18 bln
EconomyBankinggrew 5 percent QoQ to 797 million mainly stemming from an expansion of the net interest margin (NIM... by a modest 1 percent QoQ. The yearly drop mainly stems from a double-digit decrease in personnel... in the cost to income ratio by 5 percentage points (pp) YoY to 55 percent. The rate of increase in the non
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Draft bill sees millions in savings and revenues from variety of bailout interventions
EconomyProgramme, the increase in the age for early retirement is expected to save funds 5 million euros in 2015, 29 million... with a net positive impact of more than 600 million euros in 2016 are as follows: 1) Annual revenue... in the excise tax on diesel for farmers (from 66 euros per 1,000 litres to 200 euros as of October 1
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Piraeus posts 1.24 bln loss in Q4 on jump in loan provisions
EconomyBankinghigh administrative expenses. For the whole year, recurring costs fell by 5 percent to 1.25 billion..., the full year figure fell 5 percent to 3.49 billion. Overall, cumulative loan loss reserves reached... stock falling by around 1 billion euros from its 2015 level of 26.88 billion. The bank also disclosed
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