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This is what's in the legislation Greece has to approve by Wednesday night
EconomyProgrammepercent discount on VAT rates applied to islands will start from October 1 for islands with higher... 1, 2016. Tax measures The tax rate on insurance fees increases to 25 percent (from 20 percent... for higher income it increases. In specific, for annual income: 1) Between 12,000 and 20,000 euros
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Omnibus bill goes to Parliament as Greece seeks to unlock 2 bln sub-tranche
EconomyProgramme. The key measures included in the draft legislation are as follows: Pension 1) The statutory retirement age limits gradually increase as of August 19 until January 1, 2022. 2) The minimum pension amount will not be granted to those retiring after July 1, 2015, who have not reached the age of 67
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Q2 GDP rebounds 0.2 pct QoQ but shrinks 0.9 pct YoY amid consumption drop and investment rise
EconomyMacroeconomyof 0.9 percent year on year (YoY) in Q2 from a revised decrease of 1 percent in Q1. Today’s figure... a decline by 1 percent in Q1. The key positive contributor to the GDP evolution in Q2 is investments, which grew by 1 percent QoQ and by 7 percent YoY. In contrast, private consumption fell by 0.2 percent
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Newsletter 219 -13/09/2019
workers will be reduced from July 1 next year. Mitsotakis said the aim is to bring them down by 1... in those employed, bringing the total to 3.96 million. The number of long-term unemployed (over 1 year... in August, following a 1 percent rise in July. Greece’s Consumer Price Index (CPI) remained contracted
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Greek 2013 primary surplus confirmed at 1.5 bln euros
Economydebt, 1 billion to reduce state arrears and 500 million would be given as a “social dividend... the reduction of social security contributions by 3.9 percentage points (2.9 for employers and 1 for employees), which will be effective from July 1. The MoF insisted on Wednesday that it could still meet
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The key points from Greece's proposal to lenders
EconomyProgrammein 2016 (excluding VAT) incorporate: 1) Change of the VAT rates from the current level of 6.5, 13... will be implemented as of October 1. 2) Introduction of a reward point system for the registration of receipts...) will derive from land development. Social Security The key interventions involve: 1) Consolidation
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A closer look at Greece's revised proposals to lenders
EconomyProgrammewith those of the institutions and now sees a primary surplus target of 1 percent of GDP for 2015... include: 1) Increase in the corporate income tax rate by 3 percentage points to 29 percent from 26... are coming on top of measures that were also included in the previous proposal and involve: 1) Revenues
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Greece's updated proposals to lenders and how they compare to previous efforts
EconomyProgrammein the previous proposal. The pension interventions include: 1) Early retirement restrictions totalling... the cut by 3.9 pp that was implemented by the previous government as of July 1, 2014. At that time... with estimated revenues at 135 million in 2015 and 270 million in 2016. This corresponds to a 1 percent
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China’s Footprint in Southeast Europe: Constructing the "Balkan Silk Road"
Agora’s export destination.[1] As a land-locked country in the Western Balkans, the FYR of Macedonia... China-Balkans Summit under the 16+1 umbrella was held in Belgrade in December 2014. Seen from a Chinese..., ‘China’s Investment in Influence: The Future of the 16+1 Cooperation’, ecfr.eu, December 2016, p. 7
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Newsletter 170 -13/07/2018
to commit that the VAT rate will be raised from January 1, 2019 on Chios, Kos, Leros, Lesvos and Samos... rises by 1 pct in June Headline reading stays positive for third month of price rises The latest figure... Index (CPI) rose by 1 percent in June following an increase of 0.6 percent in May, Hellenic Statistical
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