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  1. Newsletter 79 - 24/06/2016

    Newsletters

    that of ECB funding. The switch to ECB funding as of June 29 would entail cheaper liquidity of 5–6 billion... the travel surplus down by 10 percent to almost 280 million. The negative movement stems from a drop

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  2. Lenders flag up minimum wage, trade union law among issues to be examined in next review

    EconomyProgramme

    . The institutions also suggest the current monthly limit, which allows employers to dismiss a maximum of 5 percent of their workforce in a month, should rise to 10 percent. The creditors also favour

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  3. Newsletter 82 - 15/07/2016

    Newsletters

    the current monthly limit for dismissals from 5 to 10 percent. Speaking in Parliament on Monday, the Bank

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  4. ELSTAT publishes data on bankruptcies since 2004, showing deterioration during crisis

    Economy

    of 10 were concentrated in three sectors, namely wholesale and retail trade (45.7 percent... up 5 percent of total bankrupt firms. ELSTAT figures also showed that for an average annual number

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  5. Unpopular but effective property tax returns for another year

    EconomyMacroeconomy

    an ENFIA amount up to 200 euros. In addition, for almost eight in 10 (78.5 percent) the ENFIA amount... million euros. The next bracket involves around 1.5 million taxpayers (one in 5) who declare

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  6. Greek stocks climb 3 pct on week, banks post double-digit gains
    Photo via www.helex.com

    Economy

    PPI rebounded 10 percent QoQ, while loan provisions soared 32 percent to 208 million. Piraeus Bank... to a customer. Terna Energy releases its quarterly results on September 5, while no other major corporate

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  7. Signs of optimism in Greek banks' Q2 results but NPL challenge lies ahead

    Agora

    of the targeted NPE decrease will stem from collateral liquidation and loan sales, corresponding to 7 and 5... of pillar II bonds. The cash value of the latter more than halved to 4.9 billion euros recently from 10

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  8. Mitsotakis uses tax cut pledge as driving force in effort to provide alternative
    Photo via @kmitsotakis

    PoliticsGreek Politics

    year, 10 in the second), he also proposed to slash corporate tax from 29 percent to 20, reduce the levy on dividends from 15 percent to 5, reduce the VAT on farming supplies to 13 percent, abolish

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  9. Tight schedule to approve multi-bill, tick off remaining milestones

    EconomyProgramme

    of the expression of interest for the long-term concession of Egnatia Motorway and the transfer of a 5... billion will be completed by the next Eurogroup due on October 10.

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  10. Greek stocks drop 1.5 pct during week, banks post losses of 7.7 pct
    Photo via www.helex.com

    Economy

    next week, before the October 10 Eurogroup. The Finance Ministry is due to table on Monday the 2017... to hold an Extraordinary General Meeting (EGM) on October 5. No other major corporate events

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