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  1. Multi-bill tabled as Greece aims to take last step to completion of review

    EconomyProgramme

    of the public sector attrition rule from 1 hiring for 5 departures in 2016 to 1:4 in 2017 and to 1:3... 1.5 percent and if the programme is off track by 1.76 to 2.25 percent then 2 percent of new cuts

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  2. IMF sets out stall ahead of crucial Eurogroup by proposing immediate debt relief
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    reduce gross financing needs and the debt ratio by around 7 and 25 percent of GDP respectively by 2060. 2... would benefit from low ESM interest rates for a longer period. 3) Fixed interest rate for an extended

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  3. Government faces tight schedule for amendments to bailout legislation

    EconomyProgramme

    corporations have another 3 billion euros of state guarantees and private corporations 1.6 billion... actions by June 1, before the meeting of the ECB Governing Council on June 2, which is expected

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  4. Crisis management policy: the sad lesson of the Greek case
    Photo by Harry van Versendaal

    Agora

    2016 to 2018. Accordingly, there is an obvious risk that optimistic EU growth scenarios of 2–3

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  5. Lenders' report reveals long-term savings from pension reform, which also offset court ruling
    Photo by MacroPolis

    EconomyProgramme

    impact of 2 percent of GDP. As a result, the overall gross savings from the pension reform, including the offsetting of the Council of State ruling, reach 3 percent of GDP in 2016, 3.7 percent in 2018

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  6. Budget primary surplus of 2.28 bln in first five months of 2016, tax revenues beat target in May
    Photo via Flickr https://flic.kr/p/nphVW

    EconomyMacroeconomy

    billion) 2) Social protection (at 259 million corresponding to just 17.9 percent of the annual target of 1.45 billion) 3) Consumption and non-allocated expenditure (at 308 million, at less than 20 percent

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  7. Unemployment rate falls again, reaching 23.3 pct in April - lowest since March 2012
    Photo by MacroPolis

    EconomyMacroeconomy

    in the preceding two months. The jobless rate among men posted the most marked decline by almost 3 pp.... In contrast, the unemployment rate in the 55-64 years old group deteriorated by more than 2 pp

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  8. Coalition goes in search of deciding votes for electoral law, prepares more legislation
    Photo by MacroPolis

    PoliticsGreek Politics

    but not the maintenance of the 3 percent threshold for parties to enter Parliament. This means...’ idea is that the winner of the general elections should be given an extra seat for each 2 percent

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  9. Stournaras eyes easing of capital controls, updates on loan quality and NPL reduction targets

    EconomyMacroeconomy

    solutions 2) Coordinated deals of common borrowers with overdue loans in more than one bank 3

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  10. Newsletter 82 - 15/07/2016

    Newsletters

    for parties to enter Parliament, currently set at 3 percent of the vote, and granting Greeks living abroad.... In absolute terms, Eurosystem funding is at its lowest reading since December 2014. 2 The cat

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