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Athens aims for November agreement with lenders on pension cuts
EconomyProgrammethen, is that the institutions appear to believe that not implementing the pension cuts and adopting all..., Greek government officials have shown a willingness to compromise with the creditors in order... in order to keep spending down, thereby helping to bridge the fiscal gap. The Greek government had
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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... are also fatigued from working after school in order to support their households, which leaves them... by 5.4 percent in 2017 and by 3.4 percent in 2018. The report called on the lifting of all barriers
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Minister's actions put PM on the spot as politicians' loans stir controversy
PoliticsGreek Politicsa statement insisting that all the correct procedures had been followed in issuing the loan.... “If you do not investigate them, I will come there and won’t leave until you order an investigation... ahead of the 2000 elections in order to help its campaign. Tsouakatos made the revelations while
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BoG report notes challenges to Greek economy, issues warning over high fiscal targets
Economy. he report called for a redesign the education system of all levels in order to better arm students... of high levels of non-performing loans should be made a priority in order to free up capital
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Tracing the decline of the middle class as parties vie for its votes
EconomyFeaturesDemocracy blames SYRIZA’s tax policies for “overburdening” hard-working middle-income earners in order.... Almost all income groups have seen successive increases in their income tax since 2012..., in order to help the weakest and most vulnerable”. While the evidence shows that middle earners
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Mistaking tolerance for a free rein
Agorathe all-out war that some media outlets had declared on the leftist party at the time, this is an even... government has set out on the path to this goal by reducing taxes and attempting to deregulate in order... order on university campuses has also run into complications amid complaints of heavy-handed behaviour
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APS bill tabled, allowing use of 12 bln in state guarantees to reduce NPLs
EconomyBankingstructure and order with taxes and commissions to the state for the guarantees coming first, and coupon payments at the end of the order. A sticky point in the summer was how the commission... manage and pursue the revenue stream of the notes. All compliance criteria for servicers come
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More than a quarter of a million firms affected by enforced closures due to Covid-19
Economyto the latest estimates. In the next phase of its response, the government ordered the closure of all but a limited number of businesses by Wednesday 18 March in order to slow the spread of the virus... order, which included malls, cinemas, theatres, schools and educational institutions. Up to March 18
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ND passes major environmental bill against accusations of railroading
PoliticsGreek PoliticsNew Democracy’s environmental bill passed this week with all 158 votes from the governing majority..., and concentrating power at the centre in order to serve party-political interests. The General... to be equally controversial. In order to meet the target, the legislation will have to be debated
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Pressure grows for transparency on ND's media handouts as PM outlines investment goals
PoliticsGreek Politicsto publish “all the information that pertains to Greek citizen’s money.” Meanwhile, SYRIZA leader Alexis Tsipras intensified the pressure on Mitsotakis personally to order the release of the information... in government, he has proposed creating a register of potential candidates in order to formalise
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