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  1. NOME auctions: amendments to legal framework for electricity market liberalisation

    Legal

    On October 17, 2017 the Regulatory Authority for Energy (RAE) published its Decision No 850/2017, introducing an amendment to Articles 7 and 9 of the Forward Products Auction Code (FEPAC). According to this amendment, a mechanism is introduced for the control of the use/physical delivery

    6%

  2. Total overdue tax obligations rise to 101.86 bln in Dec, new debt up by 1.30 bln
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    stands at 12.93 billion euros. This represents a decline of 7 percent against the figure

    6%

  3. Greece issues 7-year bond, moves closer to wrapping up third review
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    April 2010 when Greece raised 5 billion by issuing a 7 year bond with a yield of 5.9 percent. The latest

    6%

  4. Tension between coalition and political opponents here to stay
    Photo via http://www.delphiforum.gr/

    PoliticsGreek Politics

    , a foreign consortium working on metro-related projects paid cash bribes worth between 5 and 7 percent

    6%

  5. General govt primary cash surplus at 1.98 in Jan, arrears fall by 167 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent of total guarantees. Bank support remained unchanged, while gg entities fell by 7 million

    6%

  6. Alpha Bank's net profits decline to 21.1 million in 2017, fourth quarter makes loss
    Image via www.alpha.gr

    EconomyBanking

    Assistance (ELA) funding was reduced by a total of 6.2 billion since December 2016 to 7 billion in December

    6%

  7. Travel balance rises by 3.4 pct in Jan as expenditure out of sync with arrivals growth
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    -EU countries fell by 7 percent to 66 million. The breakdown of the inbound traveller flows showed

    6%

  8. February current account deficit at 1.29 bln as underlying balances worsen
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    a fall of 7 million euros from the figure for the same time last year which stood at 6.56 billion.

    6%

  9. Greek 2017 primary surplus confirmed at 4 pct, well above target

    EconomyMacroeconomy

    into 0.8 percent of GDP. The primary balance exceeded 7 billion euros, standing at 7.08 billion

    6%

  10. Extra taxation did not increase revenues in 2017
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    translates into 0.8 percent of GDP. The primary balance exceeded 7 billion euros, standing at 7.08

    6%