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  1. New fiscal measures aim to edge Greece closer to deal with lenders
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    to price increases across the board for most products and services in the affected islands. 2... reconsider imposing this new tax as the impact on hotel accommodation could be significant. 7

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  2. Newsletter 33 - 03/07/2015

    Newsletters

    is prolonged beyond 7 July, it is certainly expected that this will put further pressure both... percent). Retail volume also contracted by 1.9 percent in April . 2 Tragedy and drama Neither Greece... is unlikely to en masse favour being part of a national emergency government. The other possibility

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  3. Newsletter 34 - 10/07/2015

    Newsletters

    (ESEE) showed turnover fell to 131 million in the 27 June–7 July period, compared to 436 million... of that month. The 0.6 percent month-on-month increase reflects the May sales. 2 Between heaven and hell

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  4. A breakdown of the funding needs involved in Greece's third bailout

    EconomyProgramme

    of this amount includes: 1. Amortisation of SMP and ANFA bonds held by the Eurosystem (12.7 billion) 2... increased to 7 billion, which the commission notes needs to be cleared. In the absence of any official

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  5. Newsletter 37 - 31/07/2015

    Newsletters

    , following some 7 billion euros lent to Greece earlier in July, may have to be arranged. Alternatively... billion euros, deposits are at their lowest point in 12 years. 2 From the troika to the quartet Re

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  6. Economic situation biggest worry for Greeks, latest Eurobarometer shows
    Photo by MacroPolis

    Society

    of the EU in Greece are continuing to improve. Now, 25 percent (+ 2 percent on the last poll) of Greek... Eurobarometer. Just under three in five (54 percent, -7 points) also said that they believe the “worst

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  7. Greek government commits to new fiscal measures for third bailout

    EconomyMacroeconomy

    for 2016-19. Among others, the latter will include: 1) The second phase of pension reforms 2) Reform... (GGR) to 30 percent 7) Increase in the tax rate on rental income from 11 to 15 percent for income

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  8. Record revenue shortfall of 2.83 bln in July shrinks primary surplus outperformance

    EconomyMacroeconomy

    that was not collected 2) Extension of submission of personal income tax (PIT) declarations that led to a delay... of 390 million. PIB revenues and expenditure were subdued in July at just 7 and 44 million respectively

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  9. Greek politics to dash voters hopes again

    Agora

    unfolded quite predictably. The eurozone called a summit which lasted until 7 a.m. on Monday July 13th... that creditors require, the economy is expected to contract this year between 1.5 to 2 percent

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  10. No let up ahead in terms of fiscal demands for new Greek government

    EconomyProgramme

    with property or capital income. 2) Identification of business income tax incentives and integrate... to 2018. 7) Better target eligibility to halve heating oil subsidies in 2016 budget. 8) Permanently

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