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  1. New overdue tax obligations up by 706 mln in September, total at 98.75 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Around 15 percent of this amount relates to VAT, the collectability rate of which came to 84.8 percent... 915.5 million having been paid of the amount due, the collectability rate stood at 69.4 percent... 552.2 million were paid, representing a collectability rate of 88.4 percent. The amount

    7%
  2. Entrepreneurs show lack of innovation, face many barriers to entry, study suggests
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyFeatures

    , whether at the earliest stages or established and running. The rate of entrepreneurs ceasing... to the high levels of entrepreneurship in Greece, since new ventures often suffer a high rate of failure... of necessity, while 36.1 percent took advantage of a business opportunity. The rate of entrepreneurship

    7%
  3. European Commission keeps DSA broadly same, stresses need for relief

    EconomyProgramme

    growth rate at 3.25 percent. Total proceeds from privatisations in the horizon of the exercise are seen... and the waiver of the step-up interest rate margin were implemented at the start of last year and the funding strategy to reduce interest rate is to be implemented in 2018. Additionally, Greece is expected

    7%
  4. Newsletter 154 -9/03/2018

    Newsletters

    billion. 2 Unemployment rate at 20.8 pct in Dec Total for the year shows that 107,687 more people were... in December. Greece’s seasonally adjusted (SA) unemployment rate came to 20.8 percent in December, after... on a regional basis, Epirus and West Macedonia continue to have the highest unemployment rate at 25.8 percent

    7%
  5. Newsletter 155 -16/03/2018

    Newsletters

    of his own money in PAOK and Thessaloniki. 2 Unemployment rate falls to 21.5 pct in 2017 Non-seasonally adjusted quarterly rate rises after falling in previous month Compared to the same period last year, the jobless rate has declined by 2.4 percentage points. The Greek non-seasonally-adjusted

    7%
  6. Newsletter 198 -15/03/2019

    Newsletters

    in Q4 Rate rises slightly compared to previous quarter but stays below 20 percent The Greek non-seasonally-adjusted unemployment rate stood at 18.7 percent in the fourth quarter (Q4) of the year, edging up from the rate of 18.3 percent noted in Q3, Hellenic Statistical Authority (ELSTAT) figures

    7%
  7. Newsletter 202 -12/04/2019

    Newsletters

    owes to the IMF has an interest rate of nearly 5 percent. From a debt sustainability and fiscal... Unemployment rate at 18.5 pct January jobless rate inches up after several successive drops Greece’s seasonally adjusted (SA) unemployment rate came to 18.5 percent in January, edging up from an upward

    7%
  8. Annual report shows majority of debt in official hands on favourable terms
    Finance Ministry

    Economy

    interest rate of 3.375 percent. At the end of 2018, the stock of repos stood at 24.52 billion. The average... of the new borrowing stood at 1.39 percent, excluding the repo agreements. Interest rate derivatives... the variable rate debt to a historically low fixed rate. This strategy benefited from historically low

    7%
  9. Newsletter 214 -12/07/2019

    Newsletters

    of the VAT rate so that all food products and everything served in the catering sector have a 13 percent rate. With all eyes on what happens with the economy, the National Bank of Greece became the first... Rate falls below 18 percent for first time since July 2011 Greece’s seasonally adjusted (SA

    7%
  10. New overdue taxes rise continues to decelerate, total debt at 104.73 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to 3.36 billion euros compared to 2.93 billion in May. The VAT collectability rate came to 85.9 percent... month. On an aggregate basis, in the first half of 2019, the VAT collectability rate came to 84.3... to 8.37 million from 11.10 million. The collectability rate for the month rose to 49.2 percent

    7%