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BoG proposes debt relief measures and lower primary surplus target from 2018
EconomyMacroeconomyIn its monetary policy report published on Wednesday, the Bank of Greece (BoG) suggested a set... percent of GDP threshold set by the International Monetary Fund. According to the BoG, sensible debt...) loans. BoG examined five different scenarios which are based on a set of common technical assumptions
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Tsipras sets out social policy goals in last stage of effort to shift political debate
PoliticsGreek Politicsthe austerity measures passed by his government with the announcement on Wednesday of a set of policies aimed... as it projects itself as the party that cares about those suffering the most due to the crisis. The set... by the proposals for constitutional reform that Tsipras set out earlier this week. While the strategy appears
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Newsletter 100 - 16/12/2016
-free threshold and pensions to meet a fiscal target is set at 3.5 percent of GDP in 2018... for Greece needs to be set at 1.5 percent of GDP and the country must see a sharp reduction in the tax... pressed for additional measures should the fiscal target be set at 3.5 percent of GDP, which would
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Opening the electricity market and possible introduction of "Small PPC" as part of bailout review
Legalauctions are not able to render effective results as regards the objective set by article 143 of Law... the NOME auctions fail to fulfill the objectives set by the memorandum. The institutions insist...) finds that there is a significant gap between the targets set and the ones met, the Energy
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This is where the last few days have left Greece and lenders
Agoraset by the other side, which is the upfront legislation of new measures. Taxes and pensions The two... the creditors that the two sides would also agree on a set of “counter-measures” to offset the impact... by Germany. What can be said about the latest set of measures and the way they will be weaved
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Rhetoric ramped up ahead of Eurogroup but deal still in sight
PoliticsGreek Politicsin direction or that Athens is set to reject a compromise that fulfils at least some of the conditions it has set. Those were summed up in the government’s round-up of the cabinet meeting: Athens is looking... on the debt relief measures set out in May 2016 and regarding the process for these interventions
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NOME auctions: amendments to legal framework for electricity market liberalisation
Legal. Specifically, for 2017 this percentage of use is set at 30 percent, and for the two semesters of 2018 the percentages are set at 50 percent and 70 percent, respectively. With regards to new entrants to the market, the administratively defined cap is set for 30 percent for 2018. It is worth noting
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Newsletter 149 -2/02/2018
and that Greece is set to make too many concessions without securing assurances from the Former Yugoslav Republic... security contributions rise An imminent bond issue by the Greek government is set to attract... slightly from last year’s figure of 80.9 percent. The IAPR has set a goal for the overall tax
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After fourth review SLA, build-up to May 24 Eurogroup begins
EconomyProgrammeofficials said they were satisfied with the agreement on housing benefits, which set the annual income ceiling for qualifying for state assistance was set at 8,000 euros for individuals and 24,000 euros... in the Greek media that the creditors are set to agree on the medium-term relief measures but will put
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Newsletter 166 -15/06/2018
. The agreement reached with Zaev ticks many of the boxes that Karamanlis had set out a decade ago... of maturities will be set at 15 years but will be reduced by 2 years for each 5 billion euros... disbursement. Under the scheme set out in Suddeutsche Zeitung, Greece might be able to ask for a larger
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