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  1. NBG records loss of 2.05 bln in Q4 on one-offs and jump in credit risk provisions
    Photo by MacroPolis

    EconomyBanking

    provisions related to a new voluntary retirement scheme to be implemented within 2016 3) Other

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  2. Greece and lenders hold inconclusive talks on tax and pensions
    Photo by MacroPolis

    EconomyProgramme

    to the initial government proposal. 3) The measures to meet the bailout target for pension cost

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  3. Unemployment edges up to 24.4 pct in Q4 on seasonal drop in employment
    Photo by MacroPolis

    EconomyMacroeconomy

    on year decline reflects a rise in the number of employed by 3 percent to 3.64 million and a drop

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  4. Athens and creditors edge closer on tax and pensions but gap remains on NPLs

    EconomyProgramme

    as an incentive for a longer working period. 3) Lenders seem to accept an increase in the social security

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  5. Jan-Feb budget primary surplus soars to 3.04 bln, aided by underspend and PIB revenues

    EconomyMacroeconomy

    of 1.45 billion) 3) Consumption and non-allocated expenditure (at 51 million, only 3.3 percent

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  6. This is how things stand as bailout talks head for a brief pause

    EconomyProgramme

    The Greek government and the institutions seem to have reached a consensus on a fiscal gap in the region of 3 percent of GDP for Greece to meet the primary surplus target of 3.5 percent of GDP in 2018. There is also convergence on the type of fiscal interventions required to achieve this target

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  7. Revenues of 1 pct of GDP targeted from changes to income tax and solidarity levy

    Economy

    The government and the institutions have broadly agreed that circa 1 percentage of the anticipated fiscal gap of around 3 percent of GDP by 2018 would be covered by the overhaul of the tax system. This would be brought about through a combination of broadening the tax base, which is favoured

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  8. Economic sentiment rebounds in March, consumer confidence nosedives

    EconomyMacroeconomy

    high of -5.3 posted in January. The retail trade indicator eased 0.2 points to 3 in March, after

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  9. Retail sales down by 3.8 pct in Jan for eighth straight fall
    Photo by MacroPolis

    EconomyMacroeconomy

    trade indicator slipped 0.2 points to 3 in March, after posting strong gains of 34.2 points

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  10. Newsletter 68 - 01/04/2016

    Newsletters

    Convergence on fiscal gap Government aims for swift conclusion of first programme review The Greek government has broadly converged with the institutions on a fiscal gap of 3 percent of GDP (5.4 billion euros) by 2018, government spokeswoman Olga Gerovasili told a regular press briefing earlier

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