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Draft budget sees growth picking up in 2024, strong revenues driving primary surplus to 2.1 pct of GDP
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Unemployment rate remains lodged near 11 pct after no change in Aug
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Weak demand and adverse weather reflected in Sep PMI, barely in expansion territory
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Monthly rise of 3 pct for producer price index in Aug prompts cost concerns
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Retail sales grow by 3.1 pct in Jul, as food sales continue to contract
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Consumer confidence takes 10-point dive in September
Report shows Greek tax burden increased in 2015, remaining above OECD average
The latest OECD report on Revenue Statistics published on Wednesday revealed Greece’s tax burden increased further by 1 percentage point (pp) to 36.8 percent of GDP in 2015 and remained above the OECD average of 34.3 percent for the third successive year.
In 2014, Greece’s ratio stood at 35.8 percent of GDP higher than the OECD average figure of 34.2 percent.
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