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PM aiming to unveil expansionary fiscal measures after Easter
PoliticsGreek Politicstaxpayers with relief ahead of the European and local elections coming up in May. Prime Minister... cutting taxes his top economic priority, but if the current government uses up the available fiscal space... for a nod from the institutions before the schemes, allowing dues to be settled in up to 120 instalments
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Debt relief measures move ahead as Athens prepares to use fiscal space
EconomyProgrammethe 103-million-euro step-up margin paid by Greece for the period between 1 January and 17 June 2018, as well as to reduce to zero the 2 percent step-up margin that would otherwise be payable on the 11.3... decision by the EFSF not to charge the step-up margin shows that the Greek government is abiding
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Tsipras set to unveil tax cuts as MPs prepare for confidence vote
PoliticsGreek Politicsof Kymbouropoulos. However, any attempts to stir up backbiting with the party so close to the EU... support for Polakis is that the party has to remain united in the run-up to national elections... and social security contributions in up to 120 instalments. He also dismissed New Democracy’s
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NBG reports net profits of 131 mln in Q1, accelerating profitability
EconomyBankingeuros. The bank has set a target to reduce their NPE pile by 11.1 billion euros to 4.3 billion up... management noted provides flexibility to proceed fast with the clean-up of the NPE stock. At the same... percent. The NPL coverage ratio inched up to 80.7 percent. Regarding NPL sales, the bank highlighted
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Banks focus on reducing NPLs linked to property
EconomyMacroeconomy, the bank outlined that they have set up two new committees for the management of non-proprietary real... for this year, the bank notes that it has a total of 3.9 billion euros-worth of transactions lined up... the new framework, this would in turn free up resources in the Greek legal system to process
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Tsipras targets pensioners with final pledge as Mitsotakis woos undecided voters
PoliticsGreek Politicson Friday, Tsipras appeared to up the ante even further by arguing that if the vote on Sunday does not go... of the undecided voters end up backing SYRIZA) is that the conservatives will end up on 31.8 percent
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Strong showing in local elections for ND as it targets majority in national vote
PoliticsGreek Politicsparty were on course to win five of the six regions up for grabs on Sunday, with the other going... seats, SYRIZA 77, KINAL 25, KKE 17, Golden Dawn 15 and Greek Solution 12. Venizelos The build-up.... In a parting shot, he accused the KINAL leader of ensuring that the party will end up being
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Tsipras steps in to limit damage, Mitsotakis eyes tax cuts and fiscal targets
PoliticsGreek Politicshas suffered great wear-and-tear over the last 4.5 years and has been unable to keep up... to weigh this up carefully,” said Tsakalotos. SYRIZA is hoping that it will get a boost from... 3.5 million taxpayers who are currently exempt paying up to 650 euros a year in income tax. Alexis
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SYRIZA unveils array of pledges to win over voters ahead of July 7 vote
PoliticsGreek Politicsand solidarity for society. The line-up of ministers was, in itself, part of the message that SYRIZA... that it never lived up to its promise of representing something new and fresh in Greek politics. SYRIZA’s... and to tend to its interests in the run-up to the May 26 vote. The main policy pledges reflect an effort
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Regling underlines concerns about fiscal target after voter-friendly measures
EconomyProgrammeup to cushion it in the post-programme period. The ESM estimates the total cash resources of Greece... measures last month, in the run up to the European Parliament elections, might put the target of 3.5...-programme period up to the third quarter of this year. The exercise will be led by former European
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