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  1. Newsletter 34 - 10/07/2015

    Newsletters

    to taking out 50 euros due to the shortage of 20 euro banknotes. Pensioners were most hit by the strict... sources, local media indicate credit card usage has surged by 50 percent in the last two weeks, mostly... able to withdraw just 60 euros (or 50 as most cash machines no longer have 20-euro notes) means

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  2. Greek teachers low paid, but work shorter hours in smaller classes
    Photo by srgpicker via Flickr https://flic.kr/p/3zZRnQ

    Society

    ’s primary teachers are aged 50 and over while less than 1 percent are under 30. Only Italy had a higher rate of primary teachers over 50 (57 percent). In Greece, 27 percent of primary teachers... teachers aged 50 or older climbed by 3 percentage points on average among countries with comparable

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  3. Wide range of exacting issues lie ahead for Greece in first bailout review
    Photo by MacroPolis

    EconomyProgramme

    assets and ultimately maximise their value. The new fund would generate targeted revenues of 50 billion euros of which 50 percent (25 billion) would be used for the repayment of bank recapitalisation and the remaining 50 percent would be evenly used for decreasing debt to GDP ratio (25 percent

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  4. Clock ticks on bailout review but big gaps remain between Greece, lenders

    EconomyProgramme

    and maximising their value. That statement indicated that the new fund would generate targeted revenues of 50 billion euros, of which 50 percent (25 billion) would be used for the repayment of bank recapitalisation and the remaining 50 percent would be evenly used for decreasing debt to GDP ratio (25 percent

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  5. Gov't unveils bill to overhaul pension system, increase income tax revenues

    EconomyProgramme

    that takes into account GDP growth (50 percent weight) and the change in the consumer price index (50...-ETAA self-employed (doctors, engineers, lawyers). This discount ranges from 50 percent for incomes

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  6. NBG reports net loss of 163 mln in 2017, bad loans continue to fall
    Image via www.nbg.gr

    EconomyBanking

    test horizon, the impact is anticipated at 120 bps with the impact for 2018 resting at 50 bps... with the sale of an NPL portfolio totalling 3 billion euros, consisting of 50 percent new and 50 percent

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  7. Hirings balance hits new record high of 108,725 in May
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent were layoffs. Full-time hirings landed at very slightly more than 50 percent, down from 55.6 percent in April, and the second time since May 2017 that the balance has increased over 50 percent..., respectively. For the first five months of the year, full-time employment dropped to just under 50

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  8. APS option to help banks with bad loans seen gaining ground
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    , with the accumulated losses over the last six months coming to just short of 50 percent. Monthly... targets up to 2021. According to reports, the new targets involve the restructuring of 50 billion euros... or below, from around 50 percent, by 2021. These new targets further compounded the pressure

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  9. PMI edges down to 48.7 points in October as output declines at fastest rate since May
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    Greece’s manufacturing PMI slipped to 48.7 points in October from 50 points in September, according to the latest data from Markit. According to Markit, readings over 50 and above indicate overall... the index below the 50 point mark. As mentioned, this was driven largely by reduced orders in the food

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  10. Newsletter 272 -06/11/2020

    Newsletters

    people could end up in hospital over the next 10 days, while the 50 new ICU beds that were recently... percent of the money will be provided as a grant, and 50 percent as an interest-free loan. Employees... manufacturing PMI slipped to 48.7 points in October from 50 points in September, according to the latest data

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