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New round of cuts in supplementary pensions
Economy. The cut could reportedly exceed 30 percent for certain pensioners, mainly former bank employees... that the cut in supplementary pensions affects pensioners with a cumulative amount of main... paid to public pensioners was cut by more than 40 percent to eliminate the annual deficit
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Eurobank records net profits of 85 mln in Q3, updates on NPE reduction targets
EconomyBankinga cut in NPEs by 25 and by 35 percent by end of 2017 and 2018 respectively. Taking into account... 20 percent each to the total NPE cut, while write-offs will make up the remaining 40 percent... the last two quarters, the headcount has been cut by around 1,000 to 15,935 employees, while
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Athens details fiscal counter-measures, a vital selling point for Tsipras
EconomyProgrammebe cut by 25 percent. It is noted that pensioners currently pay 0, 10 or 25 percent of the medicine... to 26 from 29 percent, while the first rate in the personal income tax scale would be cut to 20 from 22... and 40,000, the rate would be cut to 5 percent (from 6.5 percent), while for higher incomes up to 65,000
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Greece agrees package of measures with IMF, eurozone to seal review
EconomyProgramme. Specifically, the measures to reduce the tax burden include a cut in the lowest personal income tax... will be cut by up to 18 percent, which means that a number of supplementary pensions will also have... with three children. This means the tax-free threshold would be cut to 5,681 (from 8,636 currently
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The Court of Audit's opinion on new pension cuts and its implications
Legalunder question as to why another pension cut was considered necessary and suitable instead of any other... the compatibility of the cut in question with the articles 2 (1), 5 (1) and 25 (1) of the Greek Constitution which... for such an additional pension cut, nor could the need for fiscal sustainability in abstract be deemed to be a reason
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Is a lack of spending hampering Greece's firefighting capabilities?
Societygovernment. Fire protection spending was cut back drastically in 2010 and 2011 when Greece entered..., the amount earmarked for equipment and supplies has been cut to less than half, from 8.64 million... inelastic, corners have been cut elsewhere. Over the years, Greece has invested in an unwieldy
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Personal responsibility and public healthcare: Greece on a wing and a prayer
Agoraclapping from the sidelines would applaud a cardboard cut-out of the prime minister while claiming... years. However, as was the case during the crisis when jobs had to be cut, recent arguments over... were cut by 20 percent. The report also highlighted that, according to the Health Ministry, some 18,000
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Opposition clashes with govt over high energy prices, cost-of-living measures
PoliticsGreek Politicscompared to a VAT cut which would save them 36 euros. The government maintains that only a portion of a VAT cut would get passed on by consumers, while some would be absorbed by retailers. Staikouras told MEGA TV that the cut would result in a 3.5-billion-euro black hole in the budget compared
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Scars for coalition, questions for SYRIZA after confidence vote
PoliticsGreek Politicsthat the government attracted 153 votes of support. Tzakri, a former deputy interior minister, was not a leading
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PASOK unites forces with Greek "Olive Tree" for EP elections but will it be enough?
PoliticsGreek Politicsstill pending for the alliance is who will head the ticket for the May elections. Former Interior
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