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Credit growth stable at 7.4 pct YoY in March, led by business loans
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Deposits rise by 2.13 bln in March, up to 209.75 bln
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Economic sentiment slides further in April, consumer confidence lowest in four years
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Unemployment rate continues to rise in March, reaching 9 pct
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Building activity starts 2026 strongly with 15.4 pct YoY rise in Jan
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Primary surplus at 4.37 bln up to March thanks to deferred spending, VAT intakes
Greek tax wedge remained far above OECD average in 2015
The tax wedge in Greece remained well above the OECD average in 2015, according to the OECD Taxing Wages 2016 report released on Tuesday.
The report highlights that the combined employee and employer social security contributions account for 82 percent of the total tax wedge in Greece, which is 19 pp above the OECD average of 63 percent.
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