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Newsletter 166 -15/06/2018
. The agreement reached with Zaev ticks many of the boxes that Karamanlis had set out a decade ago... of total) will see increases of between 50 and 200 euros, while another 48,961 property owners (0.7... of maturities will be set at 15 years but will be reduced by 2 years for each 5 billion euros
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Newsletter 224 -25/10/2019
, when it will be clearer if the total amount will be more or less than expected. On pensions, the government is set to unveil its plan for overhauling the supplementary pension system by allowing... that it will put future retirees at risk. The proposal is set to be incorporated in the pension reform bill
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General govt primary cash deficit at 5.49 bln in Aug, arrears up by 172 mln
EconomyMacroeconomyeuros, bringing the total figure to 201 million euros. The equivalent figure for the same time last year showed a surplus of 845 million. Increases were noted in local governments where the total rose... was in sales of non-financial assets with a decline of 1.32 billion, taking the total to 1.59 million euros
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Retail and catering continued to dominate business activity, employment in 2022
EconomyMacroeconomy, while accommodation is 3 pct of the total with 8,925 firms in the sector. Subsequently, retail jobs... economy over the last decades. A total of 294,892 companies were registered in Greece, up from... with 11-50 staff. Some 16 pct of total employment comes from 213,982 companies that employ 384,245 workers
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Troika review begins with fiscal targets and tax breaks in focus
EconomyMacroeconomyof 1.5 percent. The ministry is reportedly going to set its estimate for 2015 at 2.3 – 2.5 percent of GDP, which is broadly in line with the MTFS target of 2.5 percent, but below the EAP target of 3... sources, Kathimerini set out the government’s plan for tax breaks in 2015-16. For the next year
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Athens moves ahead with expansionary measures as it waits for lenders' response
EconomyProgrammeThe Greek government is set to find out this week what the institutions think about the package... with the lenders over the coming years. The amount is the equivalent of 3 percent of GDP (1 percent for each of the coming three years – 2020, 2021 and 2022). The idea set out by Prime Minister Alexis
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Mitsotakis earns space to govern with big win, Tsipras limits damage
PoliticsGreek PoliticsSolution on 3.7 percent and MeRA25 on 3.48 percent. Far-right Golden Dawn looked set to miss out on getting into Parliament as it dipped below the 3 percent threshold. In terms of what ND was aiming for, the result was close to the target that would have been set by Mitsotakis. However
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Newsletter 53 - 27/11/2015
institutional book buildings, raising a total amount of 5 billion euros and boosting their capital base... that Alpha and Eurobank will have covered their total capital shortfall, while NBG and Piraeus will have to seek state aid worth 5.7 billion in total. Despite the successful outcome of the capital
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Newsletter 235 -17/01/2020
in the upcoming parliamentary vote. This means that she will receive The Prime Minister has managed to set.... The prime minister is set to be less successful in his effort to get the 200 votes needed to change.... If this is replicated in the full assembly next week, the bill will only attract a total of 168 votes. New Democracy
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S&P upgrades Greece’s rating by one notch, sees compromise on pension reform by March
Economygrowth of 3 percent per annum in 2017-19. For 2016 in particular, the key drags to GDP involve: 1) Banks... percent of total loans 2) Government has committed to increase public savings meaning that this amount will be subtracted from GDP 3) Negative carry-over effect from 2015 Positive effects could stem
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