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  1. Athens and creditors edge closer on tax and pensions but gap remains on NPLs

    EconomyProgramme

    working years and a higher rate for those with more than 25 years, with the end-rate seen at 2.2... entail a cut in supplementary pensions above 150-170 euros by more than 20 percent. The Labour... understand that the tax-free threshold would be maintained above 9,000 euros, which is lower than

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  2. Newsletter 68 - 01/04/2016

    Newsletters

    it will provide some respite for the government, which is struggling to cope with the more than 50,000... also scuffles on island hot spots and at Idomeni, where there are still more than 10,000 people... and urbane than his colleagues, should call for Tsipras to resign and snap elections to be held

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  3. Four in 10 Greek firms thinking about moving abroad, survey shows

    Economy

    and/or operations outside Greece. According to Endeavor's own projections, this would mean that more than 9,000... higher than the figure of 23 percent in the previous survey published last July in the aftermath... in the technology and health care sectors are the most willing to relocate, while the vast majority (more than 80

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  4. Overdue contributions rise by 429 mln to 15.78 bln in Q1

    Economy

    billion euros (more than 73 percent) relate to main debt and the remaining 4.23 billion to surcharges... to almost 280,000 in Q1, with 38.3 percent owing less than 15,000 euros each for an aggregate amount... of the spectrum, 1,049 debtors (just 0.4 percent of total) owe more than 1 million each for an aggregate

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  5. Disposable income edges up by 0.2 pct in Q4 on second straight rise in compensation of employees
    Photo by MacroPolis

    EconomyMacroeconomy

    in the nominal GDP of more than 27 percent over this period. The breakdown showed compensation... implying a fall by more than 7 billion or 30 percent since 2009. This is largely attributed to soaring... by 1.5 percent to 31.08 billion in Q4. Since 2009, consumption has declined by more than 11 billion

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  6. Q1 GDP contracts 0.4 pct QoQ and 1.3 pct YoY, broadly in line with estimates

    EconomyMacroeconomy

    figure is slightly better than polls pointing to a GDP contraction of 0.5 pct QoQ, while... displayed in the YoY comparison with GDP down 1.4 percent in Q1 slightly higher than the 1.2 percent... percent, much softer than anticipated last summer on the back of resilient private consumption

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  7. General gov't figures shed more light on course of spending, revenues during crisis

    EconomyMacroeconomy

    in the annual primary expenditure by 33.26 billion, mostly due to cut in wages and pensions, more than... of 25.9 percent over this period, the revenue-to-GDP ratio rose by more than 9 percentage points (pp... in absolute terms, the respective ratio for primary expenditure was reduced by less than 2 pp from

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  8. Central government debt edges down to 321 bln in Q1

    Economy

    of December and currently make up more than 68 percent of central government debt. The bulk of FSM... remained unchanged QoQ at 14.88 billion, making up 4.6 percent of debt, while repos edged up by more than... in Q4 2015. Around 80 percent of Q1 outstanding debt has a residual maturity of more than 5 years

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  9. Paddling with a wooden spoon
    Photo by MacroPolis

    Agora

    met at the Eurogroup has been pretty simple: look no further than German Finance Minister Wolfgang..., rather than who came out on top. If this is the question, then perhaps we have to accept that Alexis... to secure significant, game-changing debt relief for Greece than he did over the last few days

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  10. Newsletter 77 - 10/06/2016

    Newsletters

    will be paid by 2018, four years earlier than the initial agreement. Government sources note that the state... billion, 2 billion higher than the 6 billion envisaged in the initial agreement. In addition, 80... of an opinion being issued on the same day, rather than in a new session on Friday. The article noted

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