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Tsipras to get election campaign underway as parties target middle class voters
PoliticsGreek Politicsthe weekend when SYRIZA’s former coalition partner, Independent Greeks (ANEL) announced it will not compete... that stuck with Panos Kammenos’s party on May 26. ANEL’s absence from the electoral contest came
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Electricity price shock, pressure on phone-tapping take shine off surveillance exit
PoliticsGreek Politicswith references to both the SYRIZA-ANEL and PASOK administrations. SYRIZA reacted by accusing ND of appropriating the achievements of the last SYRIZA-ANEL government which negotiated the MoU exit in 2018... into the autumn, as it tries to structure its last economic package en route to the next elections
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Surveillance hearings in Athens and Brussels highlight contrasting approaches to issue
PoliticsGreek Politicsmoney through VAT and energy levies to pay for subsidies while leaving profiteering energy cartels... is now taking a carrot-and-stick approach to hitting a binding 10 pct energy savings target across the public sector. Public authorities which fail to meet the target will see funding cuts and hiring
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BoG awaits go-ahead from DG Comp over NPL scheme
EconomyBankingin DTCs as a cushion. This effectively means that they pay 9 billion euros for debt with a nominal value... in Greece. Also during June, Eurobank announced that it had entered into a binding agreement with PIMCO’s... make up the portfolio, with 40 percent of the properties located in Athens. Non-binding bids
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Court orders 2012 pension cuts to be reversed, costing up to 1.5 bln
Economydecision retroactively. This means the coalition will have to restore pensions but not pay out the amount... not have any impact on these bonuses. The government is not in a position to pay out this amount (up... with pensioners' unions regarding an acceptable way for retirement pay to be gradually raised
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Property tax notices for 2016 to be issued, collection target remains same
EconomyMacroeconomyor 2.4 million of taxpayers will pay less ENFIA in 2016 than in 2015, while 35 percent or 2.5 million taxpayers will pay exactly the same amount. In addition, 21 percent or 1.5 million will have to pay a slightly higher amount up to 10 euros compared to last year. This means the vast majority
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Mandatory e-payments come into force as Greece seeks to boost card use further
EconomyFeatures, but businesses did not match this with the means to pay electronically. To counter this, in April... the arrangements necessary for customers to pay electronically as well as by cash. The move targets sectors where..., Mastercard, Maestro and Union Pay. They are also required to make mandatory payments to legally licensed
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Poll shows support for ND in several policy areas as pension bill debate heats up
PoliticsGreek Politics-employed Greeks would face a heavier contributions bill just so that one in 10 could pay less... and freelancers would have to pay under the new system would be higher than under the scheme... suggested that only 70,000 pensioners would see any noticeable increase in their retirement pay
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PM goes big on minimum wage increase, but opposition unmoved
PoliticsGreek Politicsgrowth. The raise will take gross minimum pay from 663 euros to 713 euros per month an increase of 50... to benefit from what he described as “a decision of responsibility and solidarity”. The minimum pay rise... to the announcement by saying the new minimum wage doesn’t suffice to pay electricity bills, while KINAL
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The main political scenarios ahead for Greece should it reach a deal with lenders
PoliticsGreek Politicsit and complete the review in order to receive the funds it needs to pay the two bonds totalling 6.7... also strengthen the premier’s cause. On Friday, 49 SYRIZA MPs asked for the preliminary findings... through Parliament alone would not be enough to secure bailout funding and begin to restore stability
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