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Fiscal obligations set out in sMoU, discussion on speeding up tax measures due in May
EconomyProgrammeCompany relating to reduced rates for social protection amounting to 360 million. Another 320 million.... The personal income tax reform is offset by a reduction in Personal Income Tax (PIT) rates... in Corporate Income Tax (CIT) rates with a medium-term fiscal impact of 0.1 percent of GDP, and a reduction
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Check, please: How much Alexis Tsipras's first months cost Greece
Agoraof the highest growth rates in the eurozone. Greece was not out of the woods by any means.... The argument that Greece would be in a position to deliver decent growth rates from 2015 onwards... growth rates above 1.5 percent, not factoring in the potential inclusion in QE had Greece’s place
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Greek hourly labour costs less than half of eurozone average
EconomyFeatures, participation rates across the economies surveyed had risen in for prime-age women and older workers... rates is a particularly urgent one for Greece. According to a report by the Berlin Institute... by 2050, citing low birth rates and high levels of emigration during the crisis. The Organisation
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Central Athens shop closures at six-year low, mixed picture in other commercial centres
EconomyFeatures, closure rates were highest on Charilaou Trikoupi (42.7 percent), Sophocleous (38.5 percent... closure rates tended to be clustered around areas of the city which have been economically depressed... worsening closure rates YoY, apart from Halandri which was the only district to reduce its closure
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Supplemental MoU sets out path for maintaining fiscal sustainability
EconomyProgrammethe yield from the personal income tax reform by (i) a reduction in Personal Income Tax rates... in Corporate Income Tax (CIT) rates with a medium-term fiscal impact of 0.1 percent of GDP, and (iii... to sending the new bills for 2018 having incorporated the new values by adjusting the rates or broadening
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Greek debt management agency sees Eurogroup debt deal favourably
EconomyProgrammeportfolio is in variable interest rates thanks to the short-term measures of last year and its own fixed rates issues over the last 12 months. Greece is also shielded against interest rate risks thanks... primary surplus and average refinancing rates of 5.2 percent for the period 2023 – 2060.
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For better or worse: Greece's bailout exit deja vu
AgoraHardouvelis, argued that Greece could get similar borrowing rates from the market to those of the IMF... tax rates and investment spending if targets were beaten. All crisis governments had first-hand... in the high statutory tax rates while aiming to broaden the tax bases.” In 2015 and 2016, Greece had
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Births rise slightly, divorces fall in latest living conditions report
Societydecline in birth rates. After rising to 118,302 births in 2008, the year that the financial crisis first emerged, birth rates have continued to fall, going below the 100,000 mark in 2013 for the first time... years) and 16.1 percent of adults (18-59 years) live in a jobless household. The rates from
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Lenders highlight risks of 'short-term popular' measures unveiled by government
EconomyProgrammemeasures announced by the Greek government this week, including a reduction to VAT rates and a bonus... rates are too high and social spending and investment are too low,” he said. “This is not only... of the outstanding IMF loan that’s subject to surcharge rates, that's about 40 percent of the outstanding loan
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Tsipras tries to use Brussels warning to his political advantage
PoliticsGreek Politicsbe to reduce the VAT rates to 22 and 11 percent over a four-year period. Corporate tax... the Greek economy back. “The economy will go nowhere with growth rates of 2 percent,” he said. “It needs growth rates of 3-4 percent so the middle class can breathe. This growth will not come through
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