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  1. Gov't submits reform plan that raises contributions and cuts future pensions

    EconomyProgramme

    Retirement fund (NAT) will remain autonomous for their non-pension activities. 2) Unified methodology... would result in a replacement rate of around 57 percent. 7) According to estimates, the new pension

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  2. Labour Ministry 2015 data shows increase in employment, marginal drop in average wage

    Economy

    , while the respective rate for females reached 46.7 percent. For almost 7 out of 10 employees the weekly... to 1,000 euros, 2 out of 10 between 1,000 and 1,500 euros and almost 17 percent a monthly wage above 1,500

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  3. Newsletter 61 - 05/02/2016

    Newsletters

    numbers rose slightly, output charges and input costs decreased. 2 Counting the cost of migration... it reached 7 billion US dollars for the global refugee crisis. Further consider Turkey, where approximately

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  4. Gov't offers improved terms to farmers in bid to break deadlock

    Economy

    pension funds (including OGA) into one. 2) Gradual phase-in of social security contributions from their current level of 7 percent to 20 percent by 2021. The initial government proposal provided

    12%

  5. Greek stocks fall 3.1 pct over week, volumes soar on Friday due to FTSE reclassification

    Economy

    level since March 2. Despite the weekly losses, the domestic market shows gains of 24.4 percent from... percent). Overall, 7 stocks of the FTSE/Large Cap 25 constituents recorded a rise this week

    12%

  6. Newsletter 68 - 01/04/2016

    Newsletters

    intends to pay state arrears of 7 billion euros to the private sector by the end of the year... and cosmetics (+0.5 percent). January’s slip in retail sales was fuelled by a drop in petrol prices. 2

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  7. Greece seeks to finalise 1 pct of GDP in new tax measures to close review

    EconomyMacroeconomy

    being withdrawn. 2) Adjustment to the single property tax (ENFIA) rates to counterbalance the drop... to yield any meaningful result since the current taxes stand at 100 million on an annual basis. 7

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  8. With review completion in sight, which way next for Greece?
    Photo by Harry van Versendaal

    Agora

    almost 7 billion. The benefits for the Greek economy of this money coming in, as well as a sense... parliamentary debate on the pension and income tax reforms – worth 2 percent of GDP – but all voted

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  9. Net profit of 87 mln for NBG in Q1
    Photo by MacroPolis

    EconomyBanking

    for funding. Operating expenses fell 7 percent QoQ and 2.2 percent year on year (YoY) to 309 million... 2 billion to 20.8 billion in mid-May. The latter is split into ELA funding of 11.2 billion and ECB

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  10. Greek stocks rebound 1.9 pct during week

    Economy

    . Terna Energy net profit decreased by 42.6 percent to 7 million in Q1, while sales rose by 9.6 percent... reported a marginal net loss of 2 million in Q1, while net interest income fell 0.7 percent quarter

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