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  1. Cabinet act firms up details of CoCos issuance by Greek banks
    Bank of Greece

    Economy

    not pay the annual coupon in two anniversaries, not necessarily consecutive. CoCos holders do not have... is at the discretion of the bank’s BoD, which may also decide to pay the coupon in the form of common shares... bank share price. If a bank decides not to pay the annual coupon on CoCos, then it is obliged

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  2. SYRIZA fails to make any friends with new public sector wage grid
    Photo by MacroPolis

    PoliticsGreek Politics

    of a total of 567,000 civil servants receiving pay rises of between 15 and 80 euros, spread out over... that this was not the major intervention in public sector pay that SYRIZA had hoped to make “but it stops... pay increases. The government has failed to convince the public sector workers’ union ADEDY that its

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  3. A breakdown of the 5.4 bln in measures that form basis of agreement between Greece and creditors

    EconomyProgramme

    levies on pay TV and on bank cheques or bank transactions. Personal income tax A new unified tax... percent of self-employed with income below 32,000 euros would pay lower income tax with the new tax... retirement pay amount exceeds 1,300 euros, rise in contributions for supplementary pensions by 1

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  4. Newsletter 88 - 16/09/2016

    Newsletters

    of companies are due to pay a higher property tax for this year. The breakdown for individuals showed more than 80 percent are due to pay a tax of less than 500 euros which, added up, corresponds to one-third.... The last bracket includes 1.8 percent of individuals with very large properties who are due to pay

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  5. Self-employed paying less for social security contributions, Labour ministry reports
    Photo by MacroPolis

    EconomyFeatures

    Data from the Labour Ministry has shown that a higher percentage of non-salaried workers will pay... percent of farmers will pay the minimum contribution of 95 euros (89 percent in 2017), due to the fact.... The number of self-employed persons obliged to pay social security contributions rose by 23,588

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  6. Newsletter 205 -10/05/2019

    Newsletters

    to pay their dues in up to 120 instalments after being granted a reduction of the original amount... of their monthly retirement pay. For those earning 501 to 600 euros, the amount paid out will be 70 percent.... Of this available funds, 3.6 billion euros will be used in the coming weeks to pay off part of Greece’s loan from

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  7. Government braces for reaction to pension bill
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to the pension system since the crisis began more than a decade ago that would lead to retirement pay rising... & Merchants (GSEVEE) complained recently that 55 percent of the self-employed would have to pay more under the new scheme, while 45 percent would pay less. The group added that the self-employed on low income

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  8. Greece trying to lay 'phantom' pensions to rest
    Photo by Harry van Versendaal

    Society

    they all had a legal entitlement to their monthly retirement pay. As a result, Greece’s main social... themselves either at an IKA office or at the place they receive their retirement pay from, such as post... pay after the claimant had died. Vroutsis said that the annual value of the unjustified claims

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  9. A third of Greek homeowners fear losing their properties in 2014

    Society

    expressed fear about losing their home. Only 61.2 percent of those questioned said they were able to pay their mortgage instalments on time, whereas 22 percent said they often pay late and 16.8 percent said... 1 million Greek households are paying mortgages, meaning that 168,000 owners are failing to pay

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  10. The wrong prescription
    Photo by MacroPolis

    Agora

    . They also have to wait up to six months for social security funds and healthcare provider EOPYY to pay their share of medicine costs. The OECD also makes no mention of the fact pharmacies have to pay a rebate and suffered losses in the 2012 PSI on the Greek bonds the government used to pay them

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