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Newsletter 140 -17/11/2017
is guaranteed as the main opposition parties are set to vote in favour of the handouts despite.... Additionally, further relaxation of capital controls were also announced, effective from December 1... falls of 0.4 percent and 0.7 percent, respectively. In other cities, prices fell by 1 percent
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E-auctions get underway as draft SLA is prepared
EconomyProgrammefor incomes. This means it would be implemented from January 1, 2019 along with the next round of pension cuts. Each measure is seen delivering 1 percent of GDP in savings/revenues. Greece and the institutions are aiming to agree on the SLA by Saturday, when the last set of talks are due to take place
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Newsletter 160 -04/05/2018
of the next regional and municipal vote has not yet been set and the two choices open to the government... billion. Credit contraction at 1 pct in March Monthly movement brings outstanding balance to 180.34 billion Credit contraction in the Greek market came to 1 percent in March compared to a contraction
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Newsletter 168 -29/06/2018
fiscal balancing act. Last Thursday’s Eurogroup outlined the set of commitments that the Greek... is seen levelling off at 1 percent in the long-term, which translates into a 3 percent long-term nominal..., the corporate lending balance was negative by 169.2 million, recovering from a negative figure of 1
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Delay to final tranche over island VAT as lenders quash talk of pension cut reversal
EconomyProgrammeon the five islands. The savings are set to come from reductions to the defence budget. Tsakalotos also had to commit that the VAT rate will be raised from January 1, 2019 on Chios, Kos, Leros, Lesvos... to reduce pension spending by 1 percent of GDP or whether it will be able to avoid the cuts, a number
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For better or worse: Greece's bailout exit deja vu
Agorato 2060 set by Greece’s lenders has not been achieved by anyone before and needs to be reconsidered... of pensions spending by 1 percent of GDP and collecting more revenues, also worth 1 percent of GDP
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Athens taking more time to consider 2019 measures ahead of budget talks
EconomyProgrammeof the compensatory measures that have been agreed with the lenders in return for implementing 1 percent... to be tabled by October 1 so that its review by EU authorities can begin under the terms of the European... set on the idea of trying to put next year’s pension cuts on ice, which would also lead
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Recent study issues warning over ageing population, future pension burden
Societyby Professor Savas Robolis and PhD student Vassilis Betsis, showed that an ageing workforce is set to throw... today to 1.4 million under an optimistic scenario and 1 million in an adverse scenario, by 2050... to retirees is 1.3 workers to 1 pensioner, with 3.6 million workers paying contributions to the pensions
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Tsakalotos states case on pension cuts in bid to overcome lenders' reluctance
EconomyProgrammearguments that the Greek government is hoping will help convince the institutions to allow the 1... a bond issue in the coming months. The issue looks set to be decided by November, before Athens has... budget due to be tabled to the House on October 1 will still contain plans for the pensions to be cut.
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Question mark over pension cuts in 2019 draft budget as Athens looks to lenders
EconomyProgrammeYork, that the 1 percent of GDP in pension spending reductions would not be included in the draft... that the final version of the economic plan can be readied in mid-November. Athens is set to include... workers and for there to be a 1 percent reduction on contributions for auxiliary pensions.
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