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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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Newsletter 209 -07/06/2019
in installments, reduced VAT rates, the return of the 13th pension payment, and the reversal... destined for growth-enhancing reductions in labour and corporate tax rates. On the host of voter-friendly... of measures that included a bonus pension and lower VAT rates for a number of processed goods
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Fiscal targets and tax cuts on agenda as Staikouras meets Regling
PoliticsGreek Politicsin VAT rates is being pushed back by two years, while a second tax bill scheduled for 2020... through switching to digital services and holding back the reduction in VAT rates to 2023. Also..., delivering better growth rates in the short-term. To Vima reported on Sunday that the new government
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Newsletter 215 -19/07/2019
rates and possibly the staggered reduction of ENFIA property tax. The idea behind splitting the tax... switching to digital services and holding back the reduction in VAT rates to 2023. “Any rebalancing... primary surplus,” Regling said in his speech at the Economist conference. “A reduction in tax rates
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