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Is Greece on track to decouple from fossil gas?
Agoraand Italy (Figure 2). Figure 2: Changes in total gas consumption in the 27 EU-27 Member States over... contribution between 2021 and 2023 (-6. 24 TWh) and the smaller decline in production from large... plants to be added to the existing fleet, increasing total net capacity from 6 GW in late 2023 to 7.7 GW
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Piraeus Bank makes net profit of 12 mln in Q4, edges into profitability for 2017
EconomyBankinginto a slight profit of 2 million euros in 2017, compared to profits of 37 million in 2016. The bank noted... percent to 1.67 billion. Net fee and commission income fell QoQ by 2 percent (87 million versus 89... in Q4 due to seasonality but fell by 2 percent across the year as a result of branch closures
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Lenders set out 49 milestones for Greece to meet before next bailout tranche
EconomyProgrammewill have to achieve by mid-October for the disbursement of the next bailout sub-tranche of 2 billion... strategy for the banking system 2) Completion of a credible strategy on non-performing loans (NPLs... supplementary funds into ETEA was signed on August 25 and became effective as of September 1 2) Early
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European Commission evaluates impact of bailout programme
EconomyProgrammeage of 67 years. 2) Increasing health contributions for pensions to 6 percent (from 4 percent) for main pensions and to 6 percent (from zero) for supplementary pensions. 3) Integrating all supplementary... a closer link between contributions and benefits. 2) Broaden and modernise the contribution and pension
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Pension reform to be one of new government's toughest challenges in next weeks
EconomyProgrammein health contributions for pensioners from 4 to 6 percent for main pension and from zero to 6... in an annual increase in revenues by 854 million euros (0.5 percent of GDP). 2) Gradual elimination... the restoration of basic and supplementary pensions to their 2012 levels. 2) The gradual phase-out
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Greece gets tranche and looks ahead to next tasks, including pensions and NPLs
EconomyProgramme-tranche of 2 billion euros to Greece after the completion of the first set of milestones as well... secured by the increase in the health care contributions for pensioners from 4 to 6 percent for main pensions and from 0 to 6 percent for supplementary pensions, with targeted annual revenues of 854 million
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How big is the gap separating Greece and the institutions?
EconomyProgrammeand 2 percent for 2016, which is in line with the institutions’ proposal. However, the lenders... a fiscal gap of 350 million for 2015 and 800 million for 2016 2) The increase in the health care... they should be further raised to 6 percent, creating a gap of 270 million in 2015 and 540 million
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General govt primary cash surplus at 6.25 bln in September, arrears drop by 82 mln
EconomyMacroeconomyrose by 683 million euros to 35.29 billion euros, a rise of 2 percent YoY. Social contributions... of other revenue, a slight rise of 6 million euros was seen, taking the total to 846 million...), hospitals (-13 million) and extrabudgetary funds (-6 million). Since the start of the year, total
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Newsletter 12 - 23/01/2015
. A survey by GPO for Mega TV published on Thursday gave SYRIZA 6 percentage points ahead of New... or 6 percent, as was the case in 2012. With 6 percent going to non-parliamentary parties, SYRIZA would... whether Antonis Samaras should continue as the conservative party’s leader. A small defeat of about 2
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Early rounds of talks with lenders focus on possible prior actions
EconomyProgrammelevy rate was set at 6 percent. The institutions are also asking the government to adopt legislation... imposed in 2012 were unconstitutional. 2) Changes in early retirement with the retirement ages to 62... retirement age limits would be gradually adjusted by 6 months until 2022. Throughout the adjustment
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