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Lenders make proposal to Athens but no immediate breakthrough expected
PoliticsGreek Politicsshould pass 1 percent of GDP in new measures (1.8 billion euros) now and another 1 percent should
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Central government debt rises to 326.4 billion on ESM disbursement
EconomyMacroeconomythan 5 years) debt made up 80.3 percent of total, while short-term (up to 1 year) and medium-term (1
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Tsakalotos appears but gives little away about negotiations with creditors
PoliticsGreek Politicsof the package of measures and counter-measures would be zero in fiscal terms. “For example, if 1 billion euros in [new] measures are adopted, another 1 billion euros in positive measures for the economy
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With tax-free threshold set for change, income declarations underline need for rethink
EconomyProgramme-free threshold with the aim of securing additional revenues of 1 percent of GDP (1.8 billion euros..., the personal income tax rate to 15-20 percent and the top VAT rate of 24 percent by 1 pp
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Greece and lenders trap themselves over labour reforms
Agorameasures that the lenders are demanding: A 1 percent of GDP reduction in the tax-free threshold for personal incomes and another 1 percent of GDP cut in pension spending. Also, it might
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Greece, creditors seek progress at Eurogroup on key differences holding up review
EconomyProgrammepensions that would yield savings of 1 percent of GDP (around 1.8 billion euros) as of 2020. Athens... as of 2019, targeting a widening of the tax base and additional revenues of 1 percent of GDP. Although
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PPC: The struggling electricity giant dominating bailout talks
EconomyFeaturesrepayments, including a bond redemption of 200 million on May 1, absent the finalisation of a 200... million on February 24 and said on March 1 that a new facility of 200 million, in the form
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Athens, lenders trying to put last pieces in place for technical agreement
EconomyProgramme(for a single person) close to 5,900 euros with additional revenues targeted at 1 percent of GDP... additional savings of 1 percent of GDP from the elimination of the so-called personal difference
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Alpha Bank reports net profits of 20 mln in Q4, leading full-year earnings to 42 mln
EconomyBankingdeposits increased by around 1 billion to 32.9 billion. As a result, the loan to deposit ratio improved... two months of 2017, which slowed below the 100-million mark in March. The Common Equity Tier 1 (CET1
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NBG records net profits of 73 mln in Q4, turns profitable for whole year
EconomyBankingmillion QoQ to 46.9 billion in Q4, while deposits rose by around 1 billion to 40.5 billion. As a result..., almost offsetting the inflows of 900 million in the previous quarter. The Common Equity Tier 1 (CET1
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