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Newsletter 227 -08/11/2019
over three years. The measures will be in place for 15 years and will be The government this week set... and includes a 4-percentage point reduction in corporate taxation and a new entry rate for personal income
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MPs gear up for action as To Potami calls it a day and PASOK wobbles
PoliticsGreek Politicsof support drop by almost 1 point since October. KINAL follows in third on 6.2 percent, then KKE... the islands, the government announced a set of measures last week that included the creation of closed
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Government opts for modest tax relief, but who will benefit?
EconomyFeatureshave also been cut by one percentage point, so that the top marginal tax rate is now 44 percent... of modest family outings, but not to buy a new TV set. However, the government will be hoping
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Athens formulates response to Turkey-Libya maritime deal it deems null and void
PoliticsForeign Policyadequately to the terms set by both sides. He added that his Libyan counterpart had assured him in September... the point of contention from the Kastellorizo continental shelf to that of Crete. Turkey has taken
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In Washington, Mitsotakis stresses economic recovery, geopolitical importance as IMF departure announced
PoliticsGreek Politicswas set to be one of the issues on the agenda during the meeting with Trump and his top aides... after the meeting, suggests that - up to this point – Mitsotakis’s visit to the US was a good
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Greece braces for potential impact of coronavirus on key economic sectors
PoliticsGreek Politicsto the outbreak industry participants expected proceeds and visitors to match or exceed the records set in 2019... of GDP, that would translate to the loss of 1 percentage point of growth, or 1.8 billion euros. More
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Newsletter 241 - 28/02/2020
participants expected proceeds and visitors to match or exceed the records set in 2019, when 33..., that would translate to the loss of 1 percentage point of growth, or 1.8 billion euros. The shipping sector
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Waiting for Eurogroup outcome, ND and SYRIZA focus on economic interventions
PoliticsGreek Politicsestimate that for each percentage point of GDP lost, between 45,000 and 50,000 people will come out... happens on Tuesday, the government looks set to submit a request to the European institutions
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Banks discuss with govt how to release up to 25 bln in emergency liquidity for businesses
EconomyBankingbetween ministers and banking officials, the government made a point of informing the media... that a committee be set up by the BoG to evaluate the reduction in the amount of such documentation
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EC expects Greek GDP to drop by 9.7 pct for biggest fall in EU, before strong rebound in 2021
EconomyThe European Commission released today its Spring Economic Forecasts, the first official set of numbers since the pandemic outbreak, which point to the EU economies experiencing “a recession of historic proportions this year.” Euro area GDP is seen falling by 7.75 pct in 2020 and grow by 6.25 pct
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