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Proposed VAT overhaul a stepping stone towards agreement with lenders?
EconomyProgramme(excluding Crete) enjoy rates that are reduced by 30 percent and currently stand at 16, 9 and 5 percent... on hotel accommodation since prices would be set for an 8 percent increase. Smaller price increases
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Smaller rise of 737 mln for unpaid taxes in April
EconomyMacroeconomytax arrears, the effective figure stands at around 9 billion. The scheme for settling tax arrears... million in the fast-track settlement process until the end of March and, by May 8, an additional 135
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Sharp drop in gg primary surplus by end-April, arrears keep rising
EconomyMacroeconomy) continued heading north for the fourth straight month. They rose by 9 percent month on month (MoM... and extrabudgetary funds recorded a slight drop in their arrears by 6 and 8 million respectively. Since the beginning
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Greek trade deficit up 6 pct in April despite growth in exports
EconomyMacroeconomy, exports rose by 16.9 percent, whilst imports by 8 percent, leading the respective trade deficit down... figures for the 4-month period displayed trade deficit dropped by 9 percent to 6.39 billion, reflecting
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Greek stocks dive by 4.7 pct as bond yields climb on absence of deal with lenders
Economyin the post-election period exceed 12 percent. Greek banks were hit most today, plummeting by 8 percent...) and Alpha Bank (-9 percent). The other two core banks, NBG and Eurobank recorded losses of 5.7
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Greek pensions laid bare
Agoraunder 9 billion, or 5 percent of GDP, in 2014 The state’s total contribution to the social security sector in 2014 reached 14.4 billion euros, almost 8 percent of GDP, from just under 16 billion
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Industry turnover down by 2.3 pct in April for sixth straight fall
Economy) for the non-eurozone countries and an 8 percent increase for the euro area countries. The respective... goods (+9 percent) followed by capital goods (+6 percent), consumer non-durables (+2.6 percent
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How Greek banks were left on the brink
Agoraand June 19, the ECB Governing Council has decided to increase the ELA cap for Greek banks by around 9... each, Eurobank at 8 billion and Alpha at 6.2 billion. Those estimates were based on current collateral
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IMF preliminary DSA finds Greek debt unsustainable, points to need for debt relief
EconomyProgramme(additional needs of 9 billion). The programme’s privatization revenues were estimated at 23 billion... of Greece fell to less than 1 billion at the end of May against a target of 5 billion in 2015 and 8
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Drop in corporate loan rates led the average loan rate at a new historic low
EconomyMacroeconomylending sector, the housing rate fell by 9 bps to 2.88 percent, whilst in consumer loans... percent. The interest rate in loans to sole proprietors slipped by 8 bps to 7.65 percent. The drop
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