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Coalition seeks to remove review obstacles, turn up pressure on opposition
PoliticsGreek Politicsthe excess surplus to reduce the ENFIA property tax Greeks have to pay. But this was dismissed as “populist... property tax by 30 percent over two years (a pledge he first made last year in Thessaloniki), lower...” to support the tax cuts he has proposed. “Will he cut pensions? Will he reduce pay in the public
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Tsipras reveals how excess surplus will be shared out, eyes political relief
PoliticsGreek Politicspay illegally withheld in the form of healthcare contributions between 2012 and 2016. The remaining... for Energy (RAE) deemed that PPC customers would have to pay an extra 360 million euros via their bills...’s handout to pensioners), with those with larger families and lower incomes receiving the largest
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Increase of 11 pct in minimum wage to have knock-on effect in economy
Economyit, pushing lower the overall labour cost in the economy. The government estimates that about 600,000... minimum wage of 650 euros gross translates into 546 euros net pay and is almost 64 euros higher... will see pay rises as their salary is based on the minimum wage. Knock-on effect Additionally
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Athens waits for green light from Eurogroup so it can settle IMF loans early
EconomyProgrammethe European Stability Mechanism (ESM) to pay off some or all of its loans to the International Monetary Fund... framework, reports suggested. The lower ceilings set on business loans mean it is estimated... the money it owes to the IMF. The government has made no secret of its desire to pay off early some
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Fourth review talks conclude with fiscal differences remaining
EconomyProgrammeof annual revenue from the commission that banks will pay for the state guarantees. At the same time... the country’s request to pre-pay the expensive part of the IMF loans, close to 3 billion euros... issues of lower intensity that are essential to successfully complete the review include general
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Mitsotakis brushes off latest strike, opposition sides with protesters
PoliticsGreek Politicsminimal and was lower in comparison to last week’s protest, the first major opposition faced... recently. On Wednesday, KINAL responded to Mitsotakis’s statement by claiming that “the many will pay... will be entitled to 12 percent overtime pay and businesses who agree to put their undeclared workers
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Mitsotakis pledges more tax cuts in 2020 amid police violence claims
PoliticsGreek Politicson the welfare system. Those earning less than 12,000 euros do not pay solidarity tax. The first bracket concerns those earning between 12,000 and 20,000 euros a year, who pay an extra 2.2 pct in tax... money in taxpayers’ pockets. This is also consistent with the centre-right party’s message that lower
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SYRIZA zooms in on inflation, pandemic weaknesses to boost popularity
PoliticsGreek Politicsof respondents said they can pay their energy bills without any problems, while 24 pct said they cannot pay. Sixty-one percent of those questioned said they had a negative view of the government’s handling... tests positive for Covid – 58 pct believes the threshold should be lower. In terms of overall
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Government braces for self-employed tax protests, but insists on soundness of measure
PoliticsGreek Politics-employed based on the same dues that those earning the minimum wage would be expected to pay..., roughly seven in 10 self-employed declare incomes that are lower than the equivalent amount someone... to cement the view among voters that the Tsipras administration aimed to make the middle class pay more
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Greek travel receipts rise 9.1 pct in January as surplus doubles
EconomyMacroeconomyto 277 euros. The breakdown of incoming tourist activity by country showed strong growth in arrivals
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