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Study suggests 1 in 3 employees could work remotely
EconomyFeatureswho could work from home make up just 1 percent. On the other hand, industrial plant, machinery
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Gov't lowers tax-free threshold, prepares for third pillar of measures worth 1 pct of GDP
EconomyProgrammereforms but also on other measures, each yielding 1 percent of GDP to a total of 3 percent of GDP (5.4..., meaning 1 hiring per 5 departures in 2016, 1 hiring per 4 departures in 2017 and 1 hiring per 3... at 9,545 euros for those with more than 3 children. It was lowered to 8,863 euros for taxpayers
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Does the EU Commission suffer from optimism bias? (Part 1)
Agora(the Book). In part 1 of this blog we will highlight differences in the macroeconomic scenarios... on the Maastricht deficit and debt Criteria. * * * Figure 1 below compares the baseline scenario... that was derived in preceding chapters of the Book.[1] The baseline scenario of the Book is well
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Where is Odysseus? Part 1 - Demographics
AgoraIn 2019, one of us wrote a book[1] about the Greek economy called “The Macroeconomy of Greece... demographics impacts the availability of labor (L). Population. Figure 1 refreshes the population baseline... demographic transition is moving toward an elderly and smaller population. In Table 1, we provide a sample
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Finance Ministry targets 3 bln from unpaid taxes
EconomyMacroeconomytotalling up to 5,000 stands at 2.3 billion (3 percent). Unpaid tax obligations higher than 5,000... percent of total. The upper bracket, related to tax debt in excess of 1 million euros relates to 2,500... settlement process over a 7-year horizon, with estimated revenues of 3 billion in the first year. Valavani
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Updated Greek reform proposals see 2015 primary surplus reaching programme target 3 pct
EconomyProgrammeby consumption and investment expenditure. Unemployment is seen dropping by more than 1 percentage point... a primary surplus for 2015 in line with the Economic Adjustment Program target of 3 percent. Reforms As we... interventions will fetch the anticipated revenues. We highlight the following: 1) Taxation with targeted
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Greece seeks to finalise 1 pct of GDP in new tax measures to close review
EconomyMacroeconomymeasures related to pension reform and direct taxes - each yielding 1 percent of GDP (1.8 billion euros) - the government has to identify additional measures of 1 percent of GDP to cover the fiscal gap of 3... to cover this last 1 percent of GDP are primarily focused on raising (indirect) tax revenues and include
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Almost 1 in 3 jobs in private sector are part-time, average full-time salary at 936 euros
EconomyMacroeconomyThe Unified Social Security Fund (EFKA), which has since last year seen all the main social insurance funds in Greece come under its umbrella, released on Wednesday its latest employment data. The data has a significant lag since the most recent availab...
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General govt primary cash surplus at 1.78 bln in June, arrears drop by 3 mln
EconomyMacroeconomyalso rose by 195 million euros to 20.62 billion euros, a rise of 1 percent YoY. In the category...) edged down by 3 million and came to 2.18 billion. Month-on-month falls were noted in three out... million euros. This was followed by SSFs (-8 million) and extrabudgetary funds (-3 million
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National Bank reports 1.15 bln H1 profit on back of 1 bln deferred tax
EconomyBankingYoY in H1 but rose 1 percent QoQ with net interest margin (NIM) improving to 2.74 percent in Q2. The quarterly rebound in NII is attributed to Turkey (up 6 percent), while Greek NII eased 1 percent QoQ... has committed to disbursements of 3 billion corporate loans in the domestic market in 2013
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