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Gov't proposes easing impact of pension reforms on self-employed for three years
Economyin the government’s pension plan relates to their link with the declared net income applying a rate of 20 percent... from the Intergenerational Solidarity Fund (AKAGE) and 28 million from the fund’s reserves... reaction from the self-employed to the Ministry’s new proposal was negative and they called
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Greek stocks nosedive 9.8 pct over week amid bank sell-off
Economyprivatisation fund. On the same day though, the IMF via a blog post of its Director of the IMF’s European... said that Baupost holds 4.65 percent of the bank’s shares as of February 8. S&P upgraded Ellaktor’s
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HFSF Q3 report shows 23 bln valuation losses in Greek banks
EconomyBankingThe Hellenic Financial Stability Fund (HFSF) 9-month financial statements revealed that the fund’s... of HFSF’s participation in Greek banks stood at 2.12 billion euros from 11.62 billion at the end of 2014... in the domestic banking index since the imposition of capital controls, the market value of HFSF’s total
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Stress and strain for gov't from farmers protests, police appointments
PoliticsGreek PoliticsMinister Panos Kammenos was particularly riled by Sgouridis’s comments even though the lawmaker... the government’s three-seat majority. Sgouridis would leave the ministry but not ANEL’s parliamentary group
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Greek regions perform poorly in social progress index
Societyfor public comment, aims to measure the social progress for the EU’s 272 regions as a complement... performance. The region of Crete achieved the best performance of Greece’s 13 regions, ranking in 192nd place... example. While Attica ranks 59th among the EU’s regions for GDP per capita, it is 235th in the SPI
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Amid mounting pressure, gov't hopes parallel programme will provide fillip
PoliticsGreek Politicsof the government’s effort to show that it is doing more than simply implementing the bailout terms. It also... of the government’s policy making agenda. The coalition first introduced the draft law to Parliament in December... be a significant watershed for the government and would bolster Tsipras’s argument within the party
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As Greek leaders mull position on refugee crisis, EC sets out timetable of targets
PoliticsForeign Policyposition on the refugee crisis before Monday’s European Unit summit with Turkey, which is seen as key... struggling to find places to host them, Athens is hoping that it will receiving concrete support at Monday’s... on the implementation of the Council recommendations. The Commission’s announcement was a reminder
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Bailout review to continue in Athens, lenders identify key tasks ahead
EconomyProgrammeindicating that the institutions have converged on their estimates regarding Greece’s fiscal gap... Commission (EC) had a lower figure of 3 percent. In addition, the government’s estimates were... Klaus Regling said that the review should be completed swiftly before Greece’s liquidity position
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Net job hirings of 14,437 in the Greek private sector in February
EconomyMacroeconomyThe employment balance displayed net hirings of 14,437 in February, down by 687 from last year’s figure of 15,124, the Labour Ministry’s information system (Ergani) data showed on Tuesday. Ergani... year. This year’s figure is the lowest over the last three years, yet it indicates the fourth
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Greece and lenders seen making progress on privatisation fund but not on NPLs
EconomyProgrammeCompany (ETAD) as well as the state controlled companies. The market value of HRADF’s share in five.... Following the sharp fall in bank shares post capital controls and bank recapitalisation, HFSF’s share... of the liberalisation non-performing loans (NPL) yesterday’s meeting between the Economy Minister
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