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  1. Study shows 341 mln a year in tax lost from short-term rentals
    Photo by George Vitsaras/Fosphotos

    EconomyFeatures

    are under a higher tax rate than other competitor countries, which drives the final price up by between 2.2...-term rental model after the government announced that it would fully liberalise the short-term

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  2. BoG report notes challenges to Greek economy, issues warning over high fiscal targets
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    criticised the current model for deterring private initiative, and risking turning Greece “from... a long period (3.5 percent of GDP per year by 2022 and 2.2 percent of GDP on average over the period

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  3. Fitch raises Greece to 'BB,' two notches from investment grade, sees growth at 2.5 pct in 2020
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    model. In its macroeconomic outlook, Fitch sees Greece growing by 2.5 percent this year and in 2021, following an expected 2.2 percent rise in 2019, assisted pent-up investment demand, lower

    5%

  4. Tsipras pitch for progressive opposition presents New Democracy with new adversary

    PoliticsGreek Politics

    the prevailing conservative model of “authoritarian capitalism” and restore democracy and justice. Tsipras..., ultraconservative Niki with 3 pct, nativists Voice of Reason with 2.8 pct and New Left with 2.2 pct

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  5. Lest we forget

    Agora

    to the dictatorship of Ioannis Metaxas in 1936. Golden Dawn tapped into this vein of right-wing extremism, which was throbbing under the economic and social pressure exerted by the crisis. Golden Dawn... confirmed that Golden Dawn’s facade had crumbled under pressure. Without their leader to bark instructions

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  6. Newsletter 268 -09/10/2020

    Newsletters

    interpretations A decision by a panel of three judges on Wednesday to deem Neo-Nazi party Golden Dawn... throughout Greece’s political system and society. The Athens court ruled that seven of Golden Dawn’s... five-year trial, that focussed on numerous crimes carried out by Golden Dawn, including the murder

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  7. Greece saw first annual deflation in almost half a century in 2013

    EconomyMacroeconomy

    The drop in Greece’s Consumer Price Index (CPI) decelerated to 1.7 percent in December after peaking with a 2.9 percent decline in November, according to the Hellenic Statistical Authority (ELSTAT). On a monthly basis, the CPI rose 0.9 percent for the f...

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  8. April saw first rise in Greek banks' Eurosystem funding this year

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding increased by 1.27 billion in April, showing a monthly rise for the first time since December 2013, according to the Bank of Greece's (BoG) monthly financial statement. The headline figure stood at 61.96 billion at the end...

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  9. Most Greeks saw income fall over last year, limiting purchasing power
    Photo by MacroPolis

    Society

    The results of a survey by the Labour Institute (INE) of the General Confederation of Greek Workers (GSEE), which was published on July 17, highlighted how salary earners’ purchasing power has been limited. The survey, conducted in cooperation with Alco...

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  10. Increase in number of services that saw their turnover decrease in Q2

    EconomyMacroeconomy

    The evolution of turnover indices for the services sector showed a worsening performance in Q2 2014, with 10 out of the 14 types of services, or specific activities of services as they are referred to, posting a negative growth, according to the Helleni...

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