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  1. Study estimates tax evasion costs taxpayer up to 16 bln annually

    Economy

    to be worth 0.5–0.6 percent of GDP in total. The study also put the shadow economy in Greece at 22.4

    1%
  2. Budget primary surplus of 2.28 bln in first five months of 2016, tax revenues beat target in May
    Photo via Flickr https://flic.kr/p/nphVW

    EconomyMacroeconomy

    . Overall, total expenditure slipped 0.8 percent to 18.91 billion euros in the 5-month period, 2.37 billion

    1%
  3. PMI improves by 2 pts in June to rise above 50-pt mark on higher production, employment

    EconomyMacroeconomy

    reduction of backlogs but the rate of drop was the slowest so far this year. However, total new orders

    1%
  4. First step in TV licensing process completed as controversy continues

    PoliticsGreek Politics

    in the payment of taxes and social security. A total of four permits for broadcasting nationwide via

    1%
  5. Minor changes in Greek deposit and lending interest rates in May
    Photo by MacroPolis

    EconomyMacroeconomy

    with a similar decrease in the overnight rate led the weighted average rate on total new deposits down by 2

    1%
  6. Study weighs up extent of Greek emigration during crisis
    Photo by MacroPolis

    Society

    , the outflow represented more than 2 percent of the total workforce. However, over half of all

    1%
  7. Tsipras eyes connection with voters through changes to constitution, electoral system

    PoliticsGreek Politics

    . He said that a TV channel has annual operating costs of 50 million euros, while total annual

    1%
  8. Budget primary surplus of 2.5 bln in first half of 2016, revenues rebound in June

    EconomyMacroeconomy

    almost right on target. Following the double digit growth in primary expenditure in June, total

    1%
  9. Industrial turnover plunges 13.4 pct in May for fifth successive double-digit drop

    EconomyMacroeconomy

    a fraction of the total industrial index. The turnover for both the domestic and non-domestic market

    1%
  10. Sallas exit from Piraeus marks end of era in Greek banking sector
    Photo by MacroPolis

    EconomyBanking

    . At the end of March, Piraeus total assets stood at 85.7 billion euros, its shareholders’ equity

    1%