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Greece leads way in cutting spending on healthcare, finds OECD
SocietyGreece made the biggest reduction in its healthcare budget of any OECD country between 2009 and 2011, cutting spending by more than 11 percent, according to a report published on Thursday. The OECD’s , Health at a Glance 2013 report shows the efforts that have been made to rein in expenditure
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Opponents react to Tsipras comeback as new parties make mark on political landscape
PoliticsGreek Politicsa consolidation of its traditional base. Perhaps the most cutting comment came from Tsipras’s... Pavlos Marinakis emphasised in his latest press briefing that the party is laser-focussed
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OECD sees 3.3 bln euros of savings Greece can make by cutting red tape
EconomyMacroeconomyThe Organisation for Economic Cooperation and Development (OECD) released a report on May 15 identifying 3.3 billion euros worth of burdensome regulations in 13 sectors weighing on businesses each year. Over three-quarters of these costs accrue in three...
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Newsletter 175 -21/09/2018
that cutting pensions now would also be damaging for the economic recovery as it would take money away from... that cutting pension spending by 1 percent of GDP from January, a few months before the general... for the self-employed, cutting the VAT rate in the food service sector from 24 to 13 percent before
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Parties' competing tax pledges come up against challenging reality
EconomyFeaturesof a compulsory leg and a conditional one. Greece has committed in advance to cutting the personal... of expansionary counter-measures of equal value. These measures consisted of cutting the base tax rate... growth with business-friendly policies, but also plans to raise 2 billion euros from cost-cutting
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A summit of little substance
Agoraunemployment, financing the economy and cutting red tape; deepening the Economic and Monetary Union... unemployment, financing the economy and cutting red tape (‘REFIT’), there were no major new initiatives... their standing, putting mainstream political parties under greater pressure, and fostering the radicalisation
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What is the state of play with Greek banks?
Economy, other cost cutting initiatives, lower funding cost and disposal of non-core assets will also... on net interest income in the next quarters. Cost cutting is the second positive factor on the pre
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Newsletter 58 - 15/01/2016
. The government strongly insists on increasing revenues rather than cutting costs (i.e. pensions... of preferences is a near impossible task. It is made more complicated by the fact that the IMF sees cutting
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Newsletter 108 - 24/02/2017
percent reduction in the ENFIA property tax, cutting VAT on electricity bills from 13 to 6 percent..., may be lowered below the 6,000-euros mark, entailing cutting the tax credit down to 1,300 euros
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Labour market reforms did exactly what they were supposed to
Agora, cutting private wages would have increased income inequality across the society. However, private... translate into lower labour costs in 2011, Greece’s lenders wanted to accelerate the reduction by cutting
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