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  1. Sub-tranche for arrears approved as round of review talks draws to close
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    . The latest disbursement means that the ESM has now paid out a total of 40.2 billion euros... are included, the ESM and its predecessor, the EFSF, have lent a total of 182 billion euros to Greece... pay for widows. They also appeared to concur on a timeline for clearing the arrears at the unified

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  2. Pensions continue to be main source of income for half of Greek households
    Photo by Panayiotis Tzamaros/Fosphotos

    Society

    that they would not be able to pay the ENFIA property tax. Although 25 percent of respondents... of their property. The report stated that based on Bank of Greece figures, the total for household... loans. The percentage of non-performing loans (NPLs) out of this total is 46.1 percent. On how tax

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  3. Lenders set out post-MoU reform tasks ahead for Athens
    Photo by MacroPolis

    EconomyProgramme

    of this year, with a target of 30 percent of total hospital procurement done centrally by mid-2020 and 40 percent of the total by mid-2022. Furthermore, the social safety net reforms that were launched during... to attracting new investment, stimulating growth and helping pay down the debt. By the end of this year

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  4. After 2019 budget, lenders turn attention to Greek post-MoU reform tasks
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyProgramme

    -annually until June 2022. Greece expects to receive in total close to 5 billion over the period, meant... amount to just short of 2 billion euros. Out of the bonds total, close to 5.8 billion euros is bonds... with the European Stability Mechanism (ESM) to use 4 billion euros from the cash buffer to pay off part of Greece’s

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  5. Newsletter 209 -07/06/2019

    Newsletters

    taking limited consideration of the ability to pay, lowering the VAT will only raise Greece’s VAT gap... for those employed increased by 77,947 or a rise of 2.1 percent. Total employment reached 3.85 million.... On an annual basis, the decline came to 103,615 or 10.9 percent. The total inactive population came

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  6. Calls for measures to lessen impact of Thomas Cook collapse in Greece
    Athens Airport

    EconomyFeatures

    with the travel giant will be hit particularly hard. One of Thomas Cook’s policies was to pay hotels... of Greece’s latest travel balance, total travel receipts in the first seven months of the year came to 9.15 billion euros, up by 13.6 percent year-on-year. Around 14.4 percent of the total, or 1.32

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  7. Newsletter 221 -27/09/2019

    Newsletters

    that this could bring in 200 million of annual revenue from the commission that banks will pay... to 172,900. Finally, visitors from Russia fell by 15.2 percent to 106,400. In total, arrivals from the EU.... Deposits rise by 1.02 bln in August Total deposits come to 151.84 billion Net deposit movement

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  8. Draft budget sets ambitious growth target of 2.8 pct in 2020, plugs fiscal gaps
    Photo by MacroPolis

    Economy

    seen closing the fiscal gap. Incorporating all fiscal interventions, total revenues in 2020 will reach 54.13 billion, from 54.31 billion in 2019. Total expenditure will reach 57.05 billion euros, from... and, as such, the authorities should pay attention to the inhibiting factor of credit, secure spending

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  9. Despite ongoing budget talks, ND eyes more relief measures in coming months
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    and which the ministry sees as a boost to public coffers. The total amount to be settled via the scheme... to the pension system would not lead to any reductions in retirement pay. He added that the government would... minister Dimitris Papangelopoukos for allegedly meddling in the Novartis investigation. A total of 173

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  10. Greece worst in EU for gender equality as power resides overwhelmingly with men
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    they are from reaching gender equality. The Index uses a scale of 1 to 100, where 1 represents total inequality and 100 represents total equality. The scores are based on the gaps between women and men... hour, resulting in a gender pay gap of 13 percent. The gender pension gap is 25 percent. In the domain

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