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  1. Credit contraction further accelerates to 2.2 pct in November

    EconomyMacroeconomy

    Greek bank credit contraction further accelerated to 2.2 percent in November from an upward revised 2 percent in October, Bank of Greece (BoG) figures displayed on Wednesday. The net lending flow...-profit institutions decreased to 94.67 billion with cumulative deductions of around 3 billion year

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  2. Gov't submits reform plan that raises contributions and cuts future pensions

    EconomyProgramme

    Retirement fund (NAT) will remain autonomous for their non-pension activities. 2) Unified methodology... result in much higher SSCs for farmers and self-employed. 3) The (new) main pension will comprise

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  3. Gov't hits back as pension reform row heats up
    Photo by MacroPolis

    EconomyProgramme

    and the previous governments had made 12 cuts to pensions since then. 2) The domestic economic... to 178 billion euros in 2014 from its 2010 level of 227 billion. 3) The previous pension law explicitly

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  4. Newsletter 57 - 08/01/2016

    Newsletters

    . The corporate tax rate was increased by 3 percentage points to 29 percent for 2015 earnings, while... to growth and reflected higher production. 2 Elusive search for a saviour Despite disappointments

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  5. The pension and revenue interventions Greece has to make to meet its 2016 fiscal target
    Photo via Greek Finance Ministry

    EconomyProgramme

    in six large islands as of October. 2) Increase in the solidarity levy rates for annual income above... it would be paid within 2016 upon the submission of the 2015 income tax declaration. 3) Higher

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  6. Suspension of Eldorado's mine work deals blow to coalition's investment drive

    Economy

    of privatisation projects until the end of June. The proceeds from these are seen at 3 billion euros this year, which is above the 2016 budget target of 2 billion. Economy Minister Giorgos Stathakis

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  7. Newsletter 60 - 29/01/2016

    Newsletters

    euros in Q3, household disposable income was down by more than 1 billion from last year. 2 Solutions... been a failure. The 3 billion euros Ankara was promised has not been released and President Recep... islands to prevent them simply moving on en masse to other parts of Europe. On this subject, a lot

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  8. Labour Ministry 2015 data shows increase in employment, marginal drop in average wage

    Economy

    to 1,000 euros, 2 out of 10 between 1,000 and 1,500 euros and almost 17 percent a monthly wage above 1,500 euros. Half of employees belonged in the 30-44 years age group, while 3 out of 10 were between 45

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  9. Newsletter 61 - 05/02/2016

    Newsletters

    numbers rose slightly, output charges and input costs decreased. 2 Counting the cost of migration... involved can be identified through the EU’s willingness to provide 3 billion euros in financial

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  10. Greece seen improving refugee response but still under pressure to deliver in Feb
    Photo by grendelkhan https://flic.kr/p/awse9

    PoliticsForeign Policy

    , the key issues for a successful control of refugee flows are: 1. The construction of hot spots 2. Re-launching the programme for migrant returns 3. Intensification of the resettlement program 4

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