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  1. The measures Greece is proposing to secure troika's return

    EconomyProgramme

    measures include: 1) Increase in the VAT rate for hotels to 13 percent from 6.5 percent..., with yearly cost savings seen at 82 to 123 million 3) Increase of the VAT revenues through

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  2. Moody's sees 1.2 pct growth in Greece next year but highlights political risk

    Economy

    of 1.8 and 3 percent respectively. According to the rating agency, Greece’s credit strengths include... by two notches to Caa1 from Caa3 on August 1. However, Moody’s rating stands two notches lower than

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  3. Troika document reveals thorny issues, coalition's commitments to conclude review
    Photo by MacroPolis

    EconomyProgramme

    authorities committed unconditionally to deliver the primary surplus targets of 3 and 4.5 percent... authorities suggested those measures be legislated and adopted as of July 1, 2015 in case budget execution

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  4. The one question SYRIZA needs to answer
    Photo by MacroPolis

    Agora

    wages, pensions and state operations. The primary surplus for 2014 is expected to be just over 3... a small cash cushion, March saw a sizeable primary deficit of just under 1 billion euros

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  5. Greek PM offers no more incentives for presidential vote, braces for snap elections
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    Thema: SYRIZA 28.3 New Democracy 25 G Dawn 5.2 PASOK 4.6 Potami 4.4 KKE 4.2 Ind Grks 3 #Greece... and a date for snap elections – most probably February 1 – will be set.

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  6. Snap elections in Greece bring state's liquidity constraints into focus

    Economy

    billion has already been used. b) Cash reserves of the central government, which are estimated at 1.... These reserves stand at 3 billion euros, of which at least 1.5 billion have been used so far, according

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  7. Samaras sets out New Democracy's plans for growth

    Economy

    Following the presentation of SYRIZA’s updated economic policies on January 3, Prime Minister and New Democracy (ND) leader Antonis Samaras outlined his party’s programme for “Growth and Reforms... revenues are targeted to be gradually reduced below 1 percent of GDP. It is noteworthy that SYRIZA has

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  8. Greek CPI dives 2.6 pct in December as deflation deepens to 1.3 pct in 2014

    EconomyMacroeconomy

    sector increased by 3 percent, while those in communication remained stable YoY. After easing by 0.9... exceeded the Greek government and troika updated estimates for a CPI drop of 0.8 to 1 percent for 2014

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  9. Undecided voters could still decide crucial aspects of Greek elections
    Photo by MacroPolis

    PoliticsGreek Politics

    A total of 9,834,970 Greeks are registered to vote in the January 25 elections but the result could still be shaped by around 1 in 10 voters who have yet to make up their minds. Opinion polls... are currently polling below the 3 percent threshold but a few thousand votes could make a crucial

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  10. What next Greece?
    Photo by MacroPolis

    Agora

    It is easier to write down big questions on Greece’s future; harder to answer them: (1) Will Syriza win with an overall majority? (2) Will a new programme be agreed in time? (3) To what extent will it stay on track? (4) How much additional debt relief and financing will the Troika give to Greece

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