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Despite strains, manufacturing remains in growth as Nov PMI reaches 50.9 pts
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Falling energy costs drive down producer prices by 13.5 pct in Oct
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Retail sales rise by 3.3 pct in Sep, but falling volume reflects challenges
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Unemployment rate drops below 10 pct in Oct for first time since Sep 2009
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Economic sentiment stable in Nov, consumer confidence slides further
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Credit growth at 2.1 pct in Oct, but flow negative by 856 mln
Finance Ministry targets 3 bln from unpaid taxes
During a press briefing on Wednesday to set out the government’s initiatives for the settlement of unpaid tax obligations, Alternate Finance Minister Nadia Valavani provided figures that give a useful insight into outstanding tax debt.
Unpaid taxes stood at a total of 76 billion euros at the end of January 2015, of which 29.4 billion (38.7 percent of total) was created before 2009 and the remaining 46.6 billion during the crisis years. She also revealed that new unpaid tax obligations...
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