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Greece's 2015 budget: A breakdown of all the key figures
EconomyMacroeconomytaxes mostly related to VAT. In addition, Public Investment Budget (PIB) revenues are anticipated... ports, marines and real estate properties. Funding needs On the coverage of 2015 funding needs, the MoF... months, while short-term funding will be implemented via T-bill issues and repo agreements with gg
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Greece's key pledges and requests at the Eurogroup meetings
PoliticsGreek Politicsor VAT hikes. The Greek authorities are determined to use these few months effectively, as opposed..., in association with European investment institutions such as the European Investment Banks, funding... of additional payments to the IMF. These payments create very exceptional pressure on Greece’s funding needs
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As hopes of April 24 deal fade, differences between Greece and lenders remain
PoliticsGreek Politicsgovernment. Athens has shown it is willing to be flexible on some issues, such as VAT (Alternate... unlock funding will carry over into May. Although some Greek government officials insist a deal... of at least some of the 7.2 billion euros in remaining bailout funding but the institutions insist
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Some progress in first round of talks but most second review issues remain unresolved
EconomyProgrammeand contributions that will be written off. It has been agreed that VAT debt will be excluded from... as funding of the guaranteed minimum income (GMI), where substantial progress has been achieved but which... to have different views on the GMI funding. The institutions reportedly proposed the reduction
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Second review to resume in Athens under severe time pressure
EconomyProgramme-offs, while VAT debt will be excluded from any write-off. There are also several other key actions... Ministry, which identified labour reforms, the fiscal gap and the funding of the guaranteed minimal... funding, which is foreseen at 760 million. A negative development also emerged after the downward
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Newsletter 99 - 09/12/2016
. The premier also said that the government would freeze plans to increase the VAT rate... risk using the EFSF/ESM funding strategy. Regarding the second review, Eurogroup President Jeroen... exceeding Greece’s allocated funding quota by over 1,000 percent. Greece is currently the IMF’s single
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Paris talks mark start of Greece's most crucial troika review
EconomyProgramme. The government is also aiming at retaining the VAT rate on accommodation and food services at 13... review. They key issues involve the consolidation of primary social security funds (SSF), the funding... in the negotiations for the identification of funding gap and decisions on debt relief measures along
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Newsletter 28 - 29/05/2015
ground so far on changes to the VAT system. Lenders want Greece to adopt two brackets, while... in funding that it is contributing to the remaining 7.2 in bailout instalments. Labour market reform... austerity in return for 7.2 billion euros of funding and the current parliament approving the content
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Greece and lenders make headway on review but labour reforms remain biggest obstacle
EconomyProgrammeaccepted the government proposal that VAT and salaried work tax debt should be excluded from any... of around 700 million euros (0.4 percent of GDP) for 2018. This mainly relates to the funding... of certain tax credits. The GMI funding for 2018 is one of the pending issues related to the Medium
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Newsletter 128 - 21/07/2017
sixth of this amount relates to VAT, the collectability rate of which improved to 86.8 percent in May... before the IMF approved its participation in the Greek programme with 1.6 billion euros of funding... population. Industrial turnover up 19 pct in May ELA funding ceiling falls by further 1.1 billion to 40.5
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