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Greece’s unstable and confusing tax system failing to deliver results
EconomyMacroeconomypercent in 2014, and had risen to 50.7 percent in 2017, higher than Sweden’s rate of 49 percent... than the figure for 86.78 billion in 2017. In addition to higher taxation, payment rates are also... of less than 9,000 euros a year, meaning that they make less than 750 euros a month. Greece is one
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New increase in flow of refugees to Greece causes unease
Societytrapped on Greece’s squalid island camps. No sooner had the directive been issued than the Greek... to more than one party shirking its responsibilities. Greece found itself at the sharp end... process. Since the deal was put in place, less than 1,900 failed asylum seekers have been returned
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As part of search for culprits in Boutaris attack, parties should look at themselves
Agora, the leftists – who have seen their own MPs attacked on more than one occasion - may have become... 16, 2018 “Why is the social democrat [Finance Minister Olaf] Scholz stricter than [Wolfgang... foreign minister Giorgos Koumoutsakos. Unity required Koumoutsakos should know more than most
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Newsletter 164 -01/06/2018
shows that 69 percent of debtors owe less than 15,000 euros each for an aggregate amount of 3.36... of 5,609 from the previous quarter. Slightly more than 11 percent of debtors owe between 15... than that for the relevant period in 2017, despite a decline of 18.1 million QoQ. Figures from
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Banks meet NPE targets in Q1 but mortgage reductions remain slow
EconomyMacroeconomywas reduced by 4.7 billion euros quarter-on-quarter (QoQ) to 92.4 billion 1.3 billion lower than the target... at 48.5 percent in Q1, slightly higher than the anticipated target of 48.1 percent. The main driver... euros, around 600 million lower than the target. Residential NPLs landed exactly on target at 20.5
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After an international agreement comes the domestic politics
Agoramade it clear that he will not support the agreement, leaving SYRIZA (which has 145 MPs) with less than... the common sense behind the agreement rather than use it as a stick to beat his main political opponent... than Greece’s. New Democracy also provided indirect support for the public rallies on this matter
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May budget primary surplus confirmed at 1.53 bln as revenues rise, PIB spending falls
EconomyMacroeconomythan the target by 561 million euros. The breakdown showed that in the first five months of the year... for the month of May, higher than the figure of 3.23 billion in April and 12.4 percent higher than... of 328 million in the first five months of the year, 518 million better than the target.
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EC sees relief measures securing debt sustainability despite poorer growth, market access prospects
EconomyProgrammebillion euros of the programme, 27.4 billion less than the initial envelope. Both DSAs assume complete... is for non-bank assets. The assumption is also that more than three-quarters of the bank recap fund... in 2060. This is roughly 60 basis points higher than the last DSA’s assumption when Greece’s
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More changes needed to unlock private sector's potential, report says
EconomyFeaturesdominated by small firms, rather than larger, productive companies serving international markets... added affected micro firms (less than ten employees) the most but also impacted small businesses... at around 80 percent of the nominal value in 2008.” While this has led to large firms’ (more than 250
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Newsletter 171 -20/07/2018
rather than making a break from the past. This argument will seem much less convincing if Tsipras... on the fact that before the recession began the economy dominated by small firms, rather than larger... for the month of June, higher than the figure of 3.43 billion in May and 32.4 percent higher than
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