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Focus turns to first post-MoU visit by creditors and talks on pension cuts
EconomyProgrammethat cutting pension expenditure by 1 percent of GDP is not necessary in fiscal or structural terms... cutting pensions next year, this could impact on the tax cuts and spending increases the government
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Mitsotakis eyes tax cuts to jump-start economy, also seeks unity but not with SYRIZA
PoliticsGreek Politicstax for the self-employed, cutting the VAT rate in the food service sector from 24 to 13 percent... that the fiscal space for his measures would be created by cutting spending in the public sector largely
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Council of Europe report warns over austerity-inflamed inequality in education
Societyas a cost-cutting exercise. This led to students having to travel greater distances in order to access... of education in Greece was attributed in part to austerity measures which have led to the cutting of certain
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What Greece imports and why
EconomyFeatureswith or drastically cutting back on food imports is not straightforward for a country that would otherwise... trade deficit is more likely going to involve ramping up exports rather than cutting back exports
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Tsipras points to tax cuts as example of bailout exit benefits
PoliticsGreek Politics, we are reducing ENFIA, we are cutting tax for businesses and handing out a social dividend to 1.4... of the counter-measures agreed in return for cutting pension spending by 1 percent of GDP. Given
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Newsletter 185 -30/11/2018
for cutting pension spending by 1 percent of GDP. Given that the pension cuts have now been abandoned... security contributions for the self-employed, we are reducing ENFIA, we are cutting tax
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FDI, rather than tax cuts, holds key to stronger growth rates - study
EconomyFeaturesfound that cutting VAT and personal income tax helped raise consumption levels, but also led to greater imports, which do not contribute to economic growth and job creation. In addition, cutting
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Newsletter 192 -01/02/2019
to their high budget costs. IHS Markit found that cutting VAT and personal income tax helped raise... creation. In addition, cutting corporate tax rates was found to have a negligible positive impact
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Surprise handout announcement provokes storm of criticism from opposition
PoliticsGreek Politicsall previous governments of driving down the minimum wage by a third and cutting unemployment benefits... on cutting deals with special interests, while Mitsotakis dismissed him as a “failed prime minister” who
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Taking a macro snapshot
Agoraoutput and new orders. Firms reacted abruptly to the accelerated downturn, cutting staff numbers
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