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Mitsotakis rules out roles for relatives, Tsipras mulls way out of pension cuts
PoliticsGreek Politicsincreases it granted to civil servants. Nevertheless, the 1 percent of GDP in pension cuts loom large for Tsipras and his government. Their implementation from January 1, 2019 also feeds
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Fiscal obligations set out in sMoU, discussion on speeding up tax measures due in May
EconomyProgrammeof 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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Turnover in tourism sector up 13.9 pct in Q3, positive for fifth consecutive quarter
EconomyMacroeconomywithin the EU increased by 1 percent to 1.01 billion. Receipts from Russia increased at the strongest... to 26 million in 2017. Furthermore, travel receipts are foreseen to increase by at least 1 billion
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New overdue tax obligations up by 1.18 bln in October, total at 99.75 bln
EconomyMacroeconomyof overdue obligations, including legacy and new tax debt, rose by around 1 billion euros 99.75... forced collection measures increased by nearly 23,000 individuals month-on-month to over 1 million.
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Unemployment rate falls to 20.2 pct in Q3, lowest for almost six years
EconomyMacroeconomynot fallen below the 1 million mark since Q3 2011. The largest increase in employment in Q3... straight quarter and edged up to 20.5 percent in Q3. The number of long-term unemployed (over 1 year
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Athens facing final steps in third review as next milestones identified
EconomyProgramme, with another 1 billion to follow subject to e-auctions and the reduction of arrears progressing. During his... the introduction of e-auctions for debts to the state from May 1, the divestment of lignite units followed
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Hydrocarbons add to tension between Turkey, Greece and Cyprus
PoliticsForeign Policyconfirmed that it had made a lean gas discovery in Block 6 with Calypso 1 NFW. “An intensive and detailed data collection (fluids and rock samples) has been executed on the well. Calypso 1 is a promising gas
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CPI falls by 0.2 pct in Jan, first negative figure since Nov 2016
EconomyMacroeconomywas positive by 1 percent. The core index edged down by 0.4 percent following a 0.2 percent decline... sales period, -1.4 percent in household equipment and -1 percent in transport. Price rises were
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Central government debt grows to 328.70 billion in Q4
EconomyMacroeconomymade up 79.9 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years) debt
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Travel balance down by 76.3 pct in Dec, annual arrivals beat expectations
EconomyMacroeconomyby 1 percent year-on-year to 319.8 euros. Travel receipts from the 28 European Union (EU 28) countries...’s estimates. Furthermore, travel receipts were foreseen to increase by at least 1 billion and range
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