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Only 11.5 pct of Greek businesses made web sales in 2016
Societyturnover. While the ELSAT data offered no comparative data for other EU countries, in 2015 one fifth... one in ten reporting having bought computing services. Email (70 percent) and file storage (58.2
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An unfounded argument leaves Greece in limbo
Agoraand not the approach that would have produced the optimal result. Greece finds itself in one of those moments... as a matter of political expediency. One can only hope that overcoming the current impasse
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Tax revenue overperformance leads budget primary surplus to 4.44 bln in 2016
EconomyMacroeconomyrose by 7.2 percent to 5.76 billion in December, also including a payment of 630 million for one-off... noted, the notable budget outperformance, which also includes the one-off payment to pensioners worth
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Athens accepts review's toughest fronts remain open
EconomyProgrammeOne day after a Bloomberg report cited a memo discussed at the last Eurogroup, which noted that almost two thirds of the second programme review prior actions have yet to be completed, the Greek... forward - and then there is always the last one which are the hardest.” However, the most important
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Tsipras tweaks message as chance of review compromise emerges
PoliticsGreek Politicsof principle.” One of the government’s lines of defence against the upfront legislation of measures... that his administration was left with no option but to reach a compromise. One doubt regarding
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Banks see efficiency gains after shedding 29 pct of staff, 42.6 pct of branches during crisis
EconomyBankingone third from 8.63 billion in 2009 to 5.82 billion in 2015, while a further cut is estimated... on cash withdrawals from its current level of 840 euros for a two-week period to 2,000 euros for one
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Athens gears up for deal with lenders, pending news from IMF
PoliticsGreek Politicsthat will be taken by German Finance Minister Wolfgang Schaeuble is one of the greatest concerns... programme to be torn up and a new one drafted. Reacting to a question about the report, a German Finance
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Space and time the missing elements in Greek bailout talks
Agorathat took Greece out of the crisis (albeit one he exacerbated during his premiership). This would leave Tsipras and SYRIZA with a much more respectable legacy than the one they are destined
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IMF argues case for further reform of pension system
EconomyProgrammeOne of the issues discussed in a recent International Monetary Fund paper deals with the Greek pension system and notes that the most recent reform goes in the right direction since it removes some... of contributions, while only one quarter involved applications made after 35 years of contributions
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Newsletter 106 - 10/02/2017
Minister Jeroen Dijsselbloem criticised the IMF’s assessment of Greece one day and then told Dutch... 2009. As a result, Greek banks’ operating expenses have been slashed by around one third, from 8.63
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