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Newsletter 3 - 14/11/2014
shortfall of 1 billion. It is not yet clear how the troika projected that figure, since the general... fiscal gap at around 1 billion and there is expected to be some communication between the two sides... overdue by 1 October 2014 cannot be included in the settlement. Such tax obligations mainly relate
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Newsletter 8 - 19/12/2014
could be held on January 25 or February 1. Dimas in a short period of time. The fact remains..., that all the parties have their eye on early elections, which could be held on January 25 or February 1... in the 10-month period. Of this, 1 billion was recorded in January, while time deposits posted inflows of 2
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How SYRIZA says it will fund its economic policies
Economyby the following four funding sources: 1) Utilization of the Hellenic Financial Stability Fund (HFSF) capital... private debt (2 billion) and the establishment of new banks (1 billion). However, the use of HFSF... target. 3) Settlement of unpaid taxes. SYRIZA expects more than 20 billion euros of the outstanding
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Eurosystem funding for Greek banks shoots up by 11.2 bln in December
EconomyMacroeconomyin December reflects the combined effect of: 1) Deposit outflows of circa 3 billion in December, which...) Higher haircut on state-guaranteed ECB collaterals which reduced the system’s liquidity by almost 1... of collaterals with a cash value of more than 20 billion. The latter reflects an ECB decision back
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Greek gov't tables draft law on installments for unpaid taxes: Here's what's in it
EconomyMacroeconomythe collectability of public revenues. Tax arrears created until March 1 2015 may be included... intto the regular tax collection process. The minimum installment is reduced to 20 euros per month (from... security contributions past due until February 1, 2015. There is an elimination of penalties
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Newsletter 32 - 26/06/2015
revenues of 1 percent of GDP (1.8 billion euros) on an annual basis, while Greece sees them at 0.93... 1 July along with the other VAT The lenders’ proposals will burden Greek shipping and tourism... parties agree on permanent savings of 0.25–0.5 percent of GDP in 2015 and 1 percent on a full year basis
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Central gov’t debt rises to 321.3 bln in Q4, financial aid loans at new high of 220.4 bln
Economy: a) the disbursement of the two bailout sub-tranches of 2 billion euros on November 24 and 1 billion..., largely attributed to the FSM loans, while the remaining 20 percent is almost equally split between short-term (up to 1 year) and medium-term (1 to 5 years) debt. Greece’s cash deposits advanced
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Government tables amendments with aim of securing bailout tranche within days
EconomyProgrammegrant (EKAS), where the new criteria resulting in 20 percent fewer pensioners being eligible will apply as of June 1 instead of January 1. This means that there is no issue any more... savings are legislated until September 30, 2016 and implemented as of January 1, 2017. The multi-bill
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Adult skills in Greece lacking, indicates OECD survey
Societyby the Paris-based organisation has found. Only about one in 20 adults in Greece attain the highest levels... adults (26.5 percent) in Greece are proficient at or below level 1 in literacy (compared to the OECD average of 18.9 percent) and almost 28.5 percent score at or below level 1 in numeracy (6 percentage
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Newsletter 92 - 14/10/2016
by the Hellenic Statistical Authority (ELSTAT) on Monday showing that the Consumer Price Index (CPI) fell by 1... the previous month in August after decreasing by 1 percent in July. Overall, despite the modest decline... in electricity production, which makes up just over 20 percent of the total index. Mining and quarrying
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