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ND and SYRIZA square up as Novartis inquiry gets underway
PoliticsGreek Politicsto believe that strong and substantiated denials from Frouzis will set the tone for the inquiry... their support drop by 1 percentage point since September, but New Democracy is on 38.5 percent, with SYRIZA... taxation, 10 percent identified law and order issues and 8 percent investment. Just 1 percent pointed
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Xi's visit carries promise of closer Sino-Greek political, economic ties
PoliticsGreek Politicsand Central and Eastern European countries, known as the “17+1” (17 CCE countries plus China). The next leaders’ meeting for the “17+1” is in April and Mitsotakis is expected to attend the gathering... that the Greek government achieved the goals it had set ahead of Xi’s visit to Athens, which came just a few
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Despite differing views IMF and EC see no immediate debt sustainability concerns
EconomyProgrammepercent, from 1 percent in March 2019, with short term growth seen 2.1 percent on average in 2019-2020... balance is expected to be 1 percent of GDP lower in 2019-2025 in the IMF’s view, reflecting the Fund’s... needs stay comfortably below the long term GFN-to-GDP threshold, set by the Eurogroup at 20 percent
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New pension system, lower primary surpluses among govt targets for 2020
PoliticsGreek Politicselections), which will be the equivalent of 0.5 pct of GDP, or 1 billion euros, and the new... pension fund EFKA. The ruling will set the precedent for all back-pay claims, and is expected... will apply from January 1, are seen by the government as ways of securing or winning over the support
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ND mulls next tax cuts as it prepares to unveil new electoral law
PoliticsGreek Politics. In fact, lower income tax rates are due to kick in from January 1. Individuals earning less than 20,000... electronic transactions, which also begins on January 1. From 2020, taxpayers will have to spend 30... foreseen in the plan set out by the Labour Ministry. The aim would then be to reach a 5-point
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Mitsotakis sets out economic goals for 2020 as govt vies for extra fiscal space
PoliticsGreek PoliticsSpeaking to business leaders on Monday, Prime Minister Kyriakos Mitsotakis set out his government’s economic priorities for the year, reiterating New Democracy’s determination to create more fiscal.... It is also planning to reduce social security contributions by almost 1 percentage point from July 1. ND’s
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Newsletter 251 -22/05/2020
what it can of this year’s summer season by unveiling a set of measures this week, while admitting... to the plan, year-round hotels and campsites will open on June 1, followed by summer season hotels... with “good epidemiological criteria”, followed by regional airports on July 1. Yachts will be able
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Exposure to tourism sector a concern for banks despite effort to save season
EconomyBankingin the first half of 2019 stood at around 8 billion euros and catering came to around 1 billion euros... on loans that were fully serviced up to the end of 2019, and 250 million will be set aside... to the plan, year-round hotels and campsites will open on June 1, followed by summer season hotels
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Newsletter 252 -29/05/2020
said that the package meets the four requirements set by Greece: To be large, flexible,mostly based... such as Thessaloniki, will resume on July 1. Year-round hotels and campsites are due to open on June 1, followed
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School re-opening decisions postponed amid opposition criticism
PoliticsGreek Politicsfor schools reopening, which had provisionally been set for September 7. In her announcement... on September 1, while the start of the school year is still scheduled for September 7, however...” if the circumstances are not right. The final decision on the date has been postponed to September 1. Kerameus appealed
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