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Travel balance for nine-month period shows surplus of 11.57 bln
EconomyMacroeconomythe whole of 2017. In December alone, the number rose by 1.5 percent to 2.2 million travellers. Inbound... close to a fifth of the country's overall GDP in direct and indirect activities.
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Tourism continues on upward trajectory as latest figures signal record-breaking arrivals
EconomyMacroeconomy-denominated rose by 15.4 percent to 8.8 million. Visitors from outside the EU28 countries fell by 2.2... of the country's overall GDP in direct and indirect activities.
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BoG report notes challenges to Greek economy, issues warning over high fiscal targets
Economya long period (3.5 percent of GDP per year by 2022 and 2.2 percent of GDP on average over the period... foreign direct investment also needed to be prioritised, but in parallel privatisations must be continued
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Parties' competing tax pledges come up against challenging reality
EconomyFeaturestax first introduced as an exceptional measure in 2011, currently ranging between 2.2 percent and 10... government has more of a direct stake in this. Reducing the tax-free threshold would automatically
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BoG report highlights economic challenges, proposes way forward
Economy. Over the coming years, BoG sees growth of 1.9 percent this year, 2.1 percent next year and 2.2 percent... destination for domestic and foreign direct investment, facilitating the transformation of the economy
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National Bank first to test market waters in post-election afterglow
Economywill have the most direct bearing on markets, including its designs for the banking system and how... with the yield on benchmark 10-year bonds has settled around the 2.2 percent level after it dipped below
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Fourth review talks conclude with fiscal differences remaining
EconomyProgrammeentry rate to 9 from 22 percent. The Greek ministry has been arguing during the talks that the direct... conservative view, in line with the European Commission’s current estimate of 2.2 percent growth
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Newsletter 221 -27/09/2019
during the talks that the direct effects of the tax cuts on the economy that will raise growth... with the European Commission’s current estimate of 2.2 percent growth, and 2.1 percent for this year
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Mitsotakis pledges more tax cuts in 2020 amid police violence claims
PoliticsGreek Politicsbracket concerns those earning between 12,000 and 20,000 euros a year, who pay an extra 2.2 pct in tax... citizens,” he told Mitsotakis, who avoided any direct reference to the incident. Recent opinion polls
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Piecemeal process likely in drive for more fiscal space
EconomyProgrammecase it will free up 0.6 pct of GDP space towards tax cuts. The government plans to direct 2 billion... that could further push the goal down to 2.2 or 2.5 pct. The Public Debt Management Agency and Council
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