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IMF Spring Meetings seen as next waypoint in completion of review
PoliticsGreek Politicsregarding the state of the health service and the government’s intention to hold an inquiry.... Speaking to Independent Greeks (ANEL) MPs and members of the party’s executive committee on Wednesday... that this is the first time after seven years that an agreement with Greece’s creditors also contains “positive
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Debt relief moving to centre stage in programme discussion
PoliticsGreek Politicsto be decided upfront," she said in the Belgian capital. This is consistent with the IMF’s position... by the Eurogroup last May, in order for the Fund’s board to give the green light for the organisation to join... or Greece’s fiscal path for the coming years. He argued that the government had essentially agreed
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New overdue tax obligations increase by 989 mln in Feb, stock reaches 94 bln
EconomyMacroeconomyGreece’s new tax debt rose at a slower pace of 989 million euros in February after an increase... the figure of 737 million recorded in January, of which one quarter stemmed from VAT. The latter’s... percent from last year’s figure of 2.76 billion. Of this year’s amount, 1.65 billion relate to tax
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Greece agrees package of measures with IMF, eurozone to seal review
EconomyProgramme. The documents consist of the eurozone’s 51-page supplemental memorandum of understanding (sMoU) dated... Minimum Income – GMI (12 million). Counter-measures The IMF’s TMU stresses that a package of growth... to net pension savings of 1 percent of GDP in 2019 by extending the rules of last year’s pension
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Tsipras rallies ministers and MPs before multi-bill arrives
PoliticsGreek Politicson Thursday and SYRIZA’s parliamentary group is expected to gather on Friday. This will be a prime... prominent sceptics within SYRIZA about the deal with the lenders in the build-up to this week’s... “undoubtedly positive.” This will be music to Tsipras’s ears as the government has been trying
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Rise in new overdue taxes slows to 658 mln in March, stock edges up to 94.3 bln
EconomyMacroeconomyGreece’s new tax debt increased at a decelerating pace for the second straight month in March, when... around 15 percent stemmed from VAT. The latter’s collectability rate improved to 88.6 percent in March... stood at 3.28 billion euros, down by almost 10 percent from last year’s figure of 3.64 billion
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Greek stocks edge down 0.6 pct ending three-week rally
Economyactions on Thursday night, all eyes are now on Monday’s Eurogroup, which will discuss the conclusion... per share, implying a cumulative dividend yield of 4.3 percent. Alpha said that Blackrock’s indirect stake in the bank’s share capital fell below the 5-percent threshold. Hellenic Exchange and Grivalia
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Another privatisation goal ticked off as 600 mln offer secures Athens airport concession
Economythe corresponding VAT, the net proceeds for Greece’s privatisation programme stand at 483.87 million... revenues from AIA’s income tax are estimated to reach 1.47 billion. Moreover, an additional amount... authorities as well as ratification by Greece’s Parliament. The economic closure is estimated by the end
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Net job hirings reach new high of 89,534 in May, 5-month figure a record
EconomyMacroeconomyto 89,534 from 76,591 a year ago, data from the Labour Ministry’s Ergani information system revealed on Wednesday. This year’s figure is the highest positive reading for May since 2001. It is worth noting... period point to net hirings of 215,304, up by almost 14,300 from last year’s figure of 201,056
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New overdue tax obligations increase by 754 mln in April, total up to 94.8 bln
EconomyMacroeconomyGreece’s new tax debt rose at slightly higher pace of 754 million euros in April after increasing... increase by 628 million in March, of which almost one fifth stemmed from VAT. The latter’s... amounted to 4.03 billion, euros down by 6.9 percent from last year’s figure of 4.33 billion
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