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  1. Eurogroup suggests there is scope for pension cuts to be called off

    EconomyProgramme

    was set,” added Centeno in reference to Athens agreeing to reduce pension spending by 1 percent of GDP

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  2. FinMin sets out how it would alter policy mix to prevent pension cuts
    Photo by MacroPolis

    EconomyMacroeconomy

    . As such, the IMF argued that this required additional savings of 2 percent of GDP, which would come from 1... its social spending mix. Alternative scenario In the alternative scenario set out in the draft

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  3. Greece 57th in WEF's Global Competitiveness Index based on new methodology

    EconomyFeatures

    that Greece did worst out of the set of rankings when it came to its financial system, landing... in the pillar of Infrastructure, where the country ranked number 1 for its electrification rate

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  4. Athens edges towards compromise on pension cuts but may have to plug fiscal gap
    Photo by MacroPolis

    EconomyProgramme

    It appears that the institutions are set to grant the Greek government’s request regarding the cancellation of the pension cuts that were due to kick in next year, but reports suggest that Athens... spending by 1 percent of GDP from January next year. According to unnamed sources who spoke to Ta Nea

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  5. New details reveal what may have led to discrepancy in Athens Airport concession price
    Photo by MacroPolis

    EconomyFeatures

    because it was based on outdated parameters. Private consultants allegedly used 2015 parameters to set... January 1, 2019. At the start of October, HRADF submitted to the Court of Audit the agreement

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  6. Athens prepares final 2019 budget after green light to ditch pension cuts
    Photo by MacroPolis

    EconomyProgramme

    The government is set to submit the final version of the 2019 budget to Parliament on Wednesday without the pension cuts that were pre-legislated in 2017 but with the so-called “positive” measures... percent of GDP next year without cutting pension spending by the equivalent of 1 percent of GDP

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  7. Fresh reminder about pending reforms for Athens, which remains confident on goals
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    that the government will be able to make available more than the 47 million euros set aside... for the controversial special consumption tax on wine to be scrapped from January 1. A provision was also added

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  8. DESFA transfer complete as HRADF heads for record year in privatisation revenues
    Photo by David Gibson via Flickr https://flic.kr/p/oATenb

    EconomyFeatures

    revenues were secured. For 2019, the revenue target is set at 1 billion euros.

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  9. Newsletter 191 -25/01/2018

    Newsletters

    for under-25s. Some reports on Thursday indicated that the government is set to announce next week... aged 66-70 (16 percent) and those aged 76-80 (15.2 percent). Slightly over 1 percent of pensioners

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  10. BoG and HFSF schemes under scrutiny as banks look for a way forward on bad loans
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    that it had sealed a deal to sell 1 billion euros of its non-performing loans (Jupiter project) which had.... Both have set aside larger amounts of capital for provisions which they are interested in using

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