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Newsletter 169 -06/07/2018
of higher interest rates by 100 basis points and a primary surplus at 1.5 percent of GDP
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Unemployment rate edges up to 20.2 pct in April as number of employed dips
EconomyMacroeconomyincrease was noted in monthly unemployment rates. During the month, employment fell by 40,758
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Delay to final tranche over island VAT as lenders quash talk of pension cut reversal
EconomyProgrammein political terms as Tsipras will now be forced to abandon his promise to maintain the lower VAT rates for any
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Higher education in Greece needs radical overhaul to create labour-relevant workforce, study says
Societyin Greece consistently earned less on average compared to men. As well as increasing attainment rates
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Greeks seen working longer, until July 18, to meet annual tax bill
Society(June 13). This is in part due to the fact that VAT rates stood at 19 percent in 2010 and went
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Exclusion from QE confirmed, only ECB's reinvestment programme left
EconomyProgrammea material effect on its rates, especially as market participants know that its inclusion would be short
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IMF voices concerns over long-term debt, sees more relief being needed
EconomyProgrammeof this mix. For Greece to be in a position to lower tax rates, increase discretionary spending
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PMI at 53.5 pts in July as optimism holds, export orders slow down
EconomyMacroeconomymanufacturing sector’s growth was holding steady, although rates of expansion in output and new orders
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Special tax structure would benefit hotels and jobs, bank argues
EconomyFeaturesto the same high tax rates as the hotel industry is, and that their unregulated nature makes tax
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Crisis-era productivity in Greece lowest among OECD countries
EconomyFeaturesproductivity rates across several OECD countries before and during the economic crisis. It showed
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