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ND hopes economy will pick up as second stage of lockdown easing begins
PoliticsGreek Politics. The monitoring will be much lighter than Greece has been used to during its MoUs and the enhanced... had their contracts suspended, are due to return to work. The government estimates that after... available to support struggling businesses and families. The European Commission estimates
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Greek pensions: The unsolvable equation
Agoralead the government of Alexis Tsipras into an extremely tense situation. During the summer a number... during the crisis. In the budget total spending purely on pensions in 2016 is seen at 23.8 billion... took a major hit not only as a result of people dropping out the labour force en masse but also due
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Greece digests EU-US trade deal amid mixed reaction
Economyturbulence during the first half of the year so the impact estimated by the BoG could... at 250 billion euros per year during the Trump term in office. The 50 pct tariffs on steel... estimated for the EU for this year and next, in the region of 1 pct, the new trade deal could trim up
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New fiscal measures aim to edge Greece closer to deal with lenders
EconomyMacroeconomylist submitted in late March, MoF sources told Kathimerini that the current estimate has now been reduced to 0.5 percent. The Commission estimated in its spring economic forecasts published earlier... that the government is currently considering to cover the estimated fiscal gap involve: 1) A unified VAT rate between
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The key points from Greece's proposal to lenders
EconomyProgramme). For 2017-19 the privatization proceeds are estimate at 2.12 billion, yet the bulk (1.59 billion... at 1.06 billion in 2015 5) Tax on television advertisements with estimated revenues at 100 million... for the collection of revenues related to automobile ‘KTEO’ fines and uninsured vehicles (estimated revenues at 120
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What is in SYRIZA's 3-pillar programme to overcome the crisis?
Economywere imposed by the coalition government during the crisis years.... impact of the recession and austerity measures. Its cost is estimated at 1.86 billion euros. The key interventions involve: 1) Subsidized meals for 300,000 poor families (estimated cost at 756 million). 2
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A closer look at Greece's revised proposals to lenders
EconomyProgrammepresented to the institutions during the weekend. Greece aligned its primary surplus targets for 2015-16... and 1.3 percent of GDP respectively. These measures mainly aim to cover the higher fiscal gap estimated... percent, with estimated revenues of 450 million in 2016. 2) Taxation of 30 percent on gross gaming
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Greek recession slowed from revised 7 pct in 2012 to 3.9 pct last year
EconomyMacroeconomywas 0.3 percentage points better than the flash estimate released a month ago indicating a 2.6 percent... worse than the 3.7 percent indicated in flash estimates. GDP contraction in 2012 was also revised... the 4-percent mark forecast by the Greek government and latest European Commission estimates published
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Tourist arrivals up 23.5 pct in October as 2014 overall target rises to 23 mln
Economyof the domestic economy by 0.6 percent this year. ELSTAT is due to release its flash estimate for Q3 GDP.... Following October’s impressive figures, SETE upward revised its estimates for 2014 international tourist... euros in the 8-month period. SETE did not upgrade yesterday its revenue estimates, which call for direct
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Revised data shows economy shrank by higher rate of 21.4 pct from 2010 to 2014
EconomyThe Hellenic Statistical Authority (ELSTAT) published on Tuesday its second estimate of Greece’s... household consumption expenditure for 2010-2013 and new estimates for 2014, incorporation of analytical... the recession was more than 1.3 billion deeper than previous estimates suggested. The breakdown
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