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Fiscal obligations set out in sMoU, discussion on speeding up tax measures due in May
EconomyProgrammeobligations. The process of applications for the social dividend is about to be completed by December 12... of 1 percent of GDP in 2019-2022 and a personal income tax reform to be implemented in 2020 and delivering net savings of 1 percent of GDP in 2020, 2021 and 2022 The pensions and income tax reforms
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The gruelling final straight of Greece's bailout
Agora, this turns into an academic debate. Firstly, the precautionary credit line can only be offered for 12... for incomes (worth an amount equal to 1 percent of GDP) has to be implemented in 2019, rather than 2020... lined up for 2019 (also 1 percent of GDP). European Economic Affairs Commissioner Pierre Moscovici
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Alpha Bank's net profits decline to 21.1 million in 2017, fourth quarter makes loss
EconomyBanking, impairment losses also declined by 13.9 percent to 1 billion, while the cost of risk fell to 172 bps from... to around 50 percent. Capital The Common Equity Tier 1 (CET1) ratio stood at 18.3 percent, up by 51... (-12 bps). The bank noted that their tangible book value stood at 9.2 billion euros, which remains
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Newsletter 166 -15/06/2018
percent), Epirus (-20 percent) and central Macedonia (12 percent). For the first three months from... under 1 percent. Compared to the previous quarter, apartment prices fell by 0.3 percent versus a rise..., bringing the total for employed to 3.7 million. The number of long-term unemployed (over 1 year
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EC sees relief measures securing debt sustainability despite poorer growth, market access prospects
EconomyProgrammein the latest baseline scenario is seen levelling off at 1 percent in the long-term, which translates... not allow for optimism regarding real long-term growth in excess of 1 percent. Privatisation proceeds... debt obligations, which will draw the cash balance down to 12 billion euros by 2022. Based on those
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Newsletter 168 -29/06/2018
unpopularity but also because it does not have more than around 12 months in power left. The political... is seen levelling off at 1 percent in the long-term, which translates into a 3 percent long-term nominal..., the corporate lending balance was negative by 169.2 million, recovering from a negative figure of 1
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General govt primary cash surplus at 2.82 bln in July, arrears unchanged
EconomyMacroeconomyperiod, rising by 443 million (1 percent) to 43.03 billion in the first seven months of the year... also declined by 12 million to 14.69 billion (4.3 percent of the total). Bonds showed a fall of 1.84... lending was largely unchanged and came to 2.38 billion euros, or under 1 percent of the total
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Mixed picture for government after first day of talks with creditors
EconomyProgrammeand 2020, as had originally been the plan. When the government agreed to legislate in 2017 1 percent... to yield another 1 percent of GDP, in 2020, it did so on the proviso that it would be able to implement... of the Union address in Strasbourg, Juncker held an interview with 12 European media. In response
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Coalition optimistic about pension cuts deal as it readies reduction to contributions
PoliticsGreek Politicssuggests that the figure may even reach more than 1 billion euros, without giving further details... percent to 13.33 percent for the self-employed. Farmers will see a reduction from 18 percent to 12... party’s spokesman said on Tuesday that the conservatives would stick to the 5:1 departures
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Newsletter 183 -16/11/2018
of GDP primary surplus target in 2019 even if does not go ahead with the 1 percent of GDP reduction.... Farmers will see a reduction from 18 percent to 12 percent. It will gradually increase over the coming..., apartment prices rose by 1 percent, gaining slightly on the previous quarter-on-quarter rise of 0.8
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