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A closer look at Greece's revised proposals to lenders
EconomyProgrammeVAT rate from 6.5 to 6 percent and a reshuffling of products and services in the other two VAT rates... recorded profits above 5 million euros. 3) Increase in the solidarity levy rates for annual income
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How big is the gap separating Greece and the institutions?
EconomyProgrammeto this year since the new VAT rates will be effective from July 1. Apart from the total estimated proceeds, a key difference lies with the allocation of products in the VAT rates. In particular
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Where the key differences between Greece and the institutions lie
EconomyProgrammein the three VAT rates, the two sides differ in the two upper rates of 13 and 23 percent
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IMF preliminary DSA finds Greek debt unsustainable, points to need for debt relief
EconomyProgrammebe needed. In addition, lower interest rates and return of 10.9 billion of EFSF bonds, along... of T-Bills (2.3 billion). Since Greece cannot tap markets at favorable rates, the IMF highlights
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Car sales rise by 21.7 pct in June for fifth straight increase above 20 pct
EconomyMacroeconomypercent of total road motor cars. Following the double-digit growth rates posted in the first six... in the 3-year period until 2012. According to market sources, the strong growth rates in the first half
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IMF urges substantial debt relief for Greece
EconomyProgrammerates close to the current European loan rate before debt has been brought to much lower levels. This means that borrowing in the near term at anything but low rates will result in an unsustainable
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Have inflation "repay" Greek debt and growth reduce indebtedness
Agoraat interest rates of zero outright (interest moratorium) or at rates close to zero, the benefit
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Q2 GDP rebounds by 0.9 pct QoQ on higher consumption and falling imports
EconomyMacroeconomyconsumption increased 1 percent QoQ and 2.5 percent YoY accelerating from the reported growth rates in Q1... to the strong YoY growth rates recorded in Q1, the first-half imports increased by 2.8 percent
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Crisis changing Greeks' college choices, research indicates
Society– and psychologists – increased. Historically, Greece had one of the lowest suicide rates in the world... with significant cuts in salaries and high unemployment rates. The only exception here was tourism
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EC study: VAT gap in Greece at 34 pct, more than double the EU average
Economyto final consumption (i.e. eliminating the effect of reduced rates and exemptions). This policy gap ratio... rates and the ‘exemption gap’ representing the potential revenue loss due to exempted supplies
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