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Tax arrears rise again in August as 645 mln in new debt added for total of 6.92 bln this year
EconomyGreeceās new unpaid taxes resumed an accelerating trend growing by 645 million euros in August from 388 million in July, General Secretariat of Information Systems (GSIS) data showed on Monday. The month on month (MoM) rise in August is the second lowest reading this year after the low recorded
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Travel receipts up by a modest 3.5 pct in July in aftermath of capital controls
EconomyMacroeconomyby almost 70 percent. The more updated data published by the Association of Greek Tourism Enterprises
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Pension reform to be one of new government's toughest challenges in next weeks
EconomyProgrammeofficial data provided by the Labour Ministry for May, the monthly cost for the total of 2.66
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Greece sees deposit inflows, of 449 mln, in August for first time since Sept 2014
EconomyMacroeconomyGreek private sector deposit flow displayed inflows of 449 million euros in August from outflows of 1.51 billion in July, Bank of Greece (BoG) data showed on Friday. This is the first positive flow since September 2014 and reflects the improving liquidity conditions after that signing of the third
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Newsletter 45 - 02/10/2015
, an issue that was a central theme in the 20 September elections. Post-election data suggests that New
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IMF aligns Greek projections with EU, revises down GDP
EconomyIn its latest World Economic Outlook (WEO) published on Tuesday, the IMF presented its updated macro forecasts on Greece, which are based on data available on August 12. As expected, the IMF revised downward its GDP estimates, aligning them with those the European Commission (EC) released in mid
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IMF sees Greek debt above 200 pct of GDP in 2016, at 182 pct in 2020
EconomyFollowing the release of the World Economic Outlook (WEO) report with its latest macro forecasts on Greece, the IMF published on Wednesday its updated fiscal estimates in the October Fiscal Monitor (FM) report. As with the WEO, IMF forecasts are based on data available on August 12. The IMF sees
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CPI falls at accelerating rate of 1.7 pct in Sept
EconomyMacroeconomyThe Greek Consumer Price Index (CPI) dropped at an accelerating pace of 1.7 percent in September from 1.5 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The September figure is the second lowest negative reading in 2015 and remains below the -2 percent mark
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ELA funding drops by 1.58 bln in Sept for third straight fall
EconomyMacroeconomyis explained by the haircut that is applied by the ECB. BoG data also showed that after a short
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Greek banks brace for recapitalisation, with Piraeus initiating a bond swap offer
EconomyBankingto similar actions. Based on the latest official data for the end of March, Greek banks held 2.55
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