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EC sees resilience in Greek economy, urges additional measures in 2016 and 2017
Economypercent in 2015 and 1.3 percent in 2016. The EC noted that the recession in 2015 was less severe than initially expected, mainly on the back of stronger-than-expected private consumption and faster decline
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Greek private sector sees net job departures of 9,954 in Jan
EconomyMacroeconomy, which were more than offset by a total of 120,444 departures. The latter reflects 65,658 lay-offs and 54,786 voluntary departures. Less than half (47 percent) of January hirings relate to full-time
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A closer look at 2015 revenues reveals size of hit they took
EconomyMacroeconomy. The breakdown showed corporate income tax rose by 240 million euros to 2.9 billion, more than offsetting a drop... be noted that companies with annual turnover less than 1.5 million pay the VAT on a quarterly basis
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Current account deficit falls to 780 mln in Dec and 7.5 mln in 2015
EconomyMacroeconomymore than offsetting a narrowing of the services’ surplus by 174 million. The breakdown showed... billion and to a lesser extent a rise in the primary income surplus by 166 million more than
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Greece, eurozone edge closer on pensions and fiscal gap but IMF keeps bar high
EconomyProgrammeproducers with the total new tax and contribution burden standing at lower than current levels... of a symbolic, rather than material fiscal, meaning. In addition, Tsipras stressed that the government
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General gov't primary cash surplus climbs to 1.3 bln in Jan, arrears resume upward trend
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus more than tripled to 1.27 billion euros in January 2016 from 381 million last year, according to the Finance Ministry (MoF) gg bulletin published... million following a similar payment to the IMF and a reduction in bonds by 232 million more than
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Greek stocks surge 9 pct, up for third successive week
Economyreleased by the Hellenic Statistical Authority on Monday showed the recession was milder than... substantial gains of more than 75 percent over the past three week, they are still down almost 36
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Turnover in the tourism sector falls 8 pct in Q4, first negative reading since Q1 2013
EconomyMacroeconomycontributes more than 17 percent to GDP and was one of the key drivers for the resilient performance... year much milder than the 2.3 percent estimated by the institutions upon the signing of the third
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Net job hirings of 14,437 in the Greek private sector in February
EconomyMacroeconomyand 47,686 voluntary departures. More than 44 percent of January hirings relate to full-time employment, 40... than 45 percent of the 2-month hirings relate to full-time employment, 40 percent to part-time
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Refugees crisis grows in Greece as EU-Turkey deal hangs in balance
PoliticsForeign Policythan 44,000 refugees in Greece. Of those, more than 12,000 were in Idomeni, where conditions have
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