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Government looks to boost business-friendly credentials with visits, progress on investments
PoliticsGreek Politicsis trying to create a flow of investment into the energy sector by opening up majority holdings... in the Hellenic Electricity Distribution Network Operator (DEDDIE) by putting up for sale between 51 and 65... to cut red tape, make the information essential to investment decisions more transparent, and speed up
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Capital controls to be abolished ahead of schedule
EconomyBankingceiling of 840 euros in mid-2017. From September 2017, individuals could withdraw a lump sum of up... loosened. The lump sum withdrawal limit was raised up to 2,300 euros in March 2018. The amount of euros... allowed to send up to 40,000 euros overseas as part of business activity. This applied per customer per
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Mitsotakis returns from Berlin with warm words but no encouragement on fiscal front
PoliticsGreek Politicsto countenance lower fiscal targets were meticulously damped down by the Greek side in the run-up... that the previous government had signed up to for 2019 and 2020. Merkel, for her part, said the reform programme... trailed as a charm offensive to soften up key European leaders on fiscal targets is turning
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ND aims to show progress at Eurogroup but QE unattainable for now
EconomyProgrammeFinance Minister Christos Staikouras was due on Friday to take up the government’s drive... the ECB reinvestment programme as it gradually climbs up the ratings scale. Greece is three notches... and with its reform drive will be able to speed up its credit ratings upgrades and become eligible
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Government looks to review visit for nod on tax package
EconomyProgrammeThe scheduled visit by the institutions for the fourth post-MoU review will wrap up on Wednesday... calculations, which could in theory free up some fiscal space. The annual benefit from Greek bond... 22 to 9 percent for incomes up to 10,000 and cutting marginal tax rates by one percentage point
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New waste strategy dials down recycling targets, promises to address landfill problems
PoliticsGreek Politicsending up in landfill, there are at least 53 recorded illegal waste sites currently operating across... landfill on the island of Andros, prompting a hurried local clean-up effort. Launching the new plan..., farming and construction activities which together make up over 80 percent of total waste volumes
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Deaths continue to outpace births in latest demographic warning
Societymarriages made up 91.4 percent of the total in 1991. At the start of the year, data analysed... 135,000 up to 140,000 in the worst case scenario, Greece will still be recording around 40-45,000... migration of zero is assumed for Greece, the country’s population in the best case will be up to 800,000
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Newsletter 222 -04/10/2019
four systemic banks on Thursday as the government appears to be stepping up its efforts to secure... to 4.68 percent in August, up 11 basis points (bps) from the rate of 4.57 noted in July, data from... on deposits from households with an agreed maturity of up to one year decreased by 3 bps to 0.54 percent
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Despite ongoing budget talks, ND eyes more relief measures in coming months
PoliticsGreek Politicsto come up at the sidelines of the Eurogroup on Wednesday and the Ecofin meeting on Thursday... will not be formed to come up with an initial finding in two months. Papangelopoulos rejected the claims and was supported by SYRIZA leader Alexis Tsipras, who claimed that New Democracy is trying to cover up its
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SYRIZA launches membership drive but still struggles with 2015 backwash
PoliticsGreek Politicsovershadowed by the dragging up of the party’s problematic past. The party has launched a website..., depended on the outcome of the negotiations with the creditors and was not just up to the leftists... that was prepared to stand up to the creditors and remain true to the goal of overturning austerity
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