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Eurogroup agrees on significant debt relief measures for Greece
EconomyProgrammeof the EFSF loans, which total 131 billion euros. He had said the government would be pleased... to begin paying around 1 billion euros annually in interest from 2023, as had previously been... privatisation proceeds from this year and 2019 are added, the total amount could surpass 20-21
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VAT revenues up in 2016 but rate hikes fail to close gap of 29 pct
EconomyFeaturesis called VAT Total Tax Liability (VTTL). Based on the VAT collection figures available, the total amount... of the total expected VAT revenue. The report found that in 22 EU countries, the gap had narrowed... experienced a contraction of GDP in 2016. The government had aimed to capture an extra 1 billion
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Tourism continues on upward trajectory as latest figures signal record-breaking arrivals
EconomyMacroeconomyfor 4.6 percent of all travel and generated 648.6 million euros in revenue, edging up by 1 percent... in the first nine months of the year. Total receipts from cruise passengers were down by 2.9 percent... arrivals fell by 7.2 percent in the month and by 2.4 percent in the aggregate period. In total
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Lenders deem second post-MoU review over, Athens waits for debt relief
EconomyProgramme’ worth of benefits and for 219 households payments will begin as of March 1. The total monthly cost.... The payments will cover a total of 508,122 people (applicants and dependents). Within the wider... by the International Monetary Fund. These total almost 10 billion euros and it is though that Athens
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Athens plans to use cash buffer to create fiscal leeway for expansionary measures
EconomyProgrammemillion euros, while the impact of the measures in 2021 is estimated at a total of 1.22 billion euros, followed by 2.33 billion in 2022. This comes to a total of 5.5 billion euros over the next four... 1.9 billion euros, is added to this the total amount comes to almost 7.5 billion euros. According
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Unemployment for Feb comes to 18.5 pct
EconomyMacroeconomycompared with February 2018 (-1 percent). The total inactive population now stands at 3.25 million... employed increased by 90,531 or a rise of 2.4 percent. Total employment reached 3.83 million people... hirings. Total hirings came to 202,157 versus 158,784 departures. Ergani noted that the balance
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VAT gap remains high as non-compliance overtakes revenue rise
EconomyFeaturesVAT Total Tax Liability (VTTL). Out of the European Union countries surveyed, Greece fared among... of all EU 28 countries. Based on the VAT collection figures available, the total amount of VAT lost across the EU in 2017 is estimated at 137.5 billion, equal to a loss of 11.2 percent of the total
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Unemployment drops to 16.9 pct in Q2, hitting eight-year low
EconomyMacroeconomy142,200 in those employed, bringing the total to 3.96 million. The largest increase in employment in Q2... percent in Q2 from 19.1 percent in Q1 2019. The number of long-term unemployed (over 1 year) declined for an eighth consecutive quarter to 570,100. Out of the total, long-term unemployed constitute
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Current account balance shows surplus of 1.28 bln in July
EconomyMacroeconomyago. Total exports in July came to 3.03 billion euros, against 2.86 billion in July last year, showing a rise of 6 percent. At the same time, total imports reached 5.04 billion euros, from 4.69... billion to a deficit of 13.61 billion. Total exports rose by 2.2 percent, while imports rose by 4.7
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ELSTAT confirms third consecutive year or fiscal surplus in 2018
Economyfor public investments. According to the data in the second notification, in 2018 Greece ran a total surplus of 1.8 billion euros, or 1 percent of GDP. This is the third consecutive total surplus... notification and the first one that was published in April this year. The total surplus is lower by 0.1
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