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Mixed picture for government after first day of talks with creditors
EconomyProgrammesources, the issue of calling off next year’s pension cuts was raised. The Greek side reportedly set out... Commission was the only one of the three European lenders that had so far indicated a willingness... not to create concern among investors. Banks Bank chiefs also met with the mission chiefs on Wednesday. One
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Newsletter 180 -26/10/2018
Tsipras sticking to course PM seems set on passing name deal and then calling snap elections... that he can deflect attention from this issue to one involving former defence minister Yiannis... that the current set of decision makers have a higher standard of ethics than their predecessors. Tsipras
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Athens poised to unveil new minimum wage as post-MoU review continues
EconomyProgramme650 million euros. In a staff statement following the visit to Athens last week, the institutions set... is seen as one of the most important loose ends that needs to be tied up in the coming days... as the minimum wage is set to increase and the youth minimum wage is about to get abolished. Greece
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Increase of 11 pct in minimum wage to have knock-on effect in economy
Economycompared to the one set up in 2012. The increase is much more substantial for those under 25, who... percent. Given that the process of deciding the appropriate level for the minimum wage, i.e. one... to two monthly salaries annually. The daily wage of single unskilled worker is now set at 29.03 euros
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Newsletter 192 -01/02/2019
euros net pay and is almost 64 euros higher compared to the one set up in 2012. The increase is much... A higher-than-expected wage increase and a bond release set the stage for SYRIZA’s election battle... the appropriate level for the minimum wage, i.e. one that will suit the capacity and characteristics
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SYRIZA sets out strategy for European vote with eye on general elections
PoliticsGreek Politicsis set to run away with the general election and making the contest a much more competitive one than... and hopefuls aimed at broadening the party’s appeal. One contender belonging to the latter group... decision to set the bar so low caused some surprise. Of course, it may be a tactic aimed at rallying
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Tsipras makes new push to dominate Greek centre-left
PoliticsGreek Politicsthat will run in the May 26 Euro vote, held a large gathering on Saturday, where Tsipras set out... alliance is a long-term project and not one designed to last until the European Parliament elections... necessary to create a collective and progressive response.” Novartis Another issue set to dominate
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Newsletter 205 -10/05/2019
Achtsioglou, Interior Minister Alexis Haritsis and Deputy Finance Minister Katerina Papanatsiou set... rate of VAT at 24 percent to the lower one, at 13 percent. Similarly, the VAT rate applied in the food... years – 2020, 2021 and 2022). The idea is that, with this money for debt servicing set aside, Greece
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Newsletter 210 -07/06/2019
Minister Alexis Haritsis, the governing party set out the four pillars of its programme: Growth..., pointing out that this would allow Greece to pay off its debt quicker. One of the potential dangers... in Helsiniki, where the next Greek finance minister is likely to have to set out what fiscal measures the new
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Mitsotakis sworn in as prime minister as attention turns to Cabinet picks
PoliticsGreek PoliticsKyriakos Mitsotakis set about appointing the team to carry out his mandate to transform Greece... Staikouras looks set to head the Finance Ministry, where he held a more junior ministerial portfolio... parties, the final tally confirmed one of the big stories of election night as the far-right Golden
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