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Athens edges towards compromise on pension cuts but may have to plug fiscal gap
EconomyProgrammeIt 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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New details reveal what may have led to discrepancy in Athens Airport concession price
EconomyFeaturesbecause it was based on outdated parameters.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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Athens prepares final 2019 budget after green light to ditch pension cuts
EconomyProgrammeThe 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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Fresh reminder about pending reforms for Athens, which remains confident on goals
EconomyProgrammethat 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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DESFA transfer complete as HRADF heads for record year in privatisation revenues
EconomyFeaturesrevenues were secured. For 2019, the revenue target is set at 1 billion euros.
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Newsletter 191 -25/01/2018
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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BoG and HFSF schemes under scrutiny as banks look for a way forward on bad loans
EconomyBankingthat 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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EC report notes economic imbalances and outlines remedies
Economyremains weak. In 2017, the current account balance recorded only a 1 percent deficit. However..., alleviate disproportionate restrictions to regulated professions, open up the energy market, set up
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Mati fire investigation puts spotlight on authorities and government
PoliticsGreek PoliticsIt appears that SYRIZA is set to come under further scrutiny about its handling of last summer’s wildfire in Mati, which caused 100 deaths, after prosecutors’ investigated how authorities dealt... been estimated that the reduction of the voting age by 1 year means that around 130,000 more Greeks
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No breakthrough in discussions over protection for main homes
EconomyProgramme20,000 euros, which is substantially lower than the 65,000-euro threshold set by the government... stricter, regime. The institutions are due to return to Athens on April 1 to start preparing
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