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EC autumn forecast lowers growth for 2019 on pending budget finalisation
EconomyMacroeconomy, which suggests that pension cuts next year and lower tax-free threshold in 2020 are assumed to go ahead... and turning into a growth driver as structural reforms start to pay off. Both private and public
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PDMA sets out plans to build on recent market forays with bond issues in 2019
Economy. This is the lowest Greece ever had to pay for a bond of that duration although it missed the chance of significantly lower borrowing costs as it was not included in the ECB’s QE programme. The majority
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Athens poised to unveil new minimum wage as post-MoU review continues
EconomyProgrammethe economic slack from the crisis will be eliminated. The lower fiscal targets that were agreed... to rises in 24 types of benefit handed out to at least 300,000 claimants. These include unemployment pay
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EC report notes economic imbalances and outlines remedies
Economyexternal competitiveness are starting to pay off. As part of reforms under the European Stability... the balance. Furthermore, debt measures agreed in June 2018 are expected to help Greece keep a lower
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Are Chinese investments starting to hit a wall in Germany?
Agora. Admittedly, it would be lower if all the German BMWs and Mercedes Benz’ manufactured in US-based production... assets to pay its debts, HNA announced in January 2018 that it would gradually sell (most of) its stake
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Newsletter 198 -15/03/2019
to request approval from the European Stability Mechanism for the right to pay off at least some... is roughly 84 percent lower than the 2005 peak. Much of the current building activity also centres
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Athens set to press ahead with primary residence law despite differences with lenders
EconomyProgrammean assessed property value of less than 250,000 euros and who still has up to 130,000 euros to pay... that the government might be willing to consider applying lower thresholds for the business loans than
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BoG underlines progress in NPE reduction but stresses need for systemic solution
Economy, which was 12.7 billion lower compared to the end of 2017, and 25.4 billion below their peak in March... denounced loans, nearly a third, 30.6 percent, are considered “unlikely to pay”, while 22.2 percent have
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Athens holds fire on debt schemes, prepares tax relief measures
EconomyProgrammewill be included in the scheme. Anyone wanting to pay off their debt in a one-off payment will have... intervention. The counter-measures agreed with the institutions when lower threshold was agreed
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Tsipras tries to entice voters with VAT cuts and pension bonuses
PoliticsGreek Politicsproducts from the top rate of VAT at 24 percent to the lower one, at 13 percent. Similarly, the VAT... of up to 500 euros would receive an amount equal to 100 percent of their monthly retirement pay
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