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  1. New overdue taxes jump by 1.3 bln in Dec, total stock climbs to 54 pct of GDP
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    a rise of more than 7,500 in the previous month. The aggregate figure for the whole year showed... had contracted by 639 million. The breakdown of the legacy tax debt showed more than three quarters

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  2. Number of new companies registering in 2016 half of those in 2008
    Photo by Natasha Pantazopoulou/Fosphotos

    Economy

    , retail trade, accounting and consulting). Although this figure is lower than the 88 percent recorded...). Overall, excluding tourism, the vast majority of sectors posted an average decrease of more than 30

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  3. Car sales soar 22.8 pct in first month of 2017

    EconomyMacroeconomy

    . Passenger cars make up more than 81 percent of car sales, while around 41 percent are registered... than the 13.5 percent growth rate recorded in 2015. Despite double-digit growth in each of the last

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  4. Greek banks stepped up write-offs in 2016, provisions increased at slowest pace since 2008
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    billion euros in 2016, up by more than 1 billion from the 2015 figure of 1.46 billion. The previous.... They have increased by more than seven times since then in the wake of PSI losses and sharp

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  5. Lenders' proposal not yet enough to convince Athens, banish snap poll option
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    European director, Poul Thomsen, that Greek pensioners are better off than their German counterparts... of principle, rather than his previous insistence that it would not accept “a single euro” in new

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  6. Greece near bottom of OECD rankings for spending on R&D
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    than any other country on R&D (4.3 percent) followed by Korea (4.2 percent), Japan (3.5 percent... (1.7 percent) all spent greater proportions of their GDP on R&D than Greece. There was a general

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  7. Current account deficit widens to 933 mln in December, 2016 balance turns to deficit of 1.1 bln
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    with a slightly higher goods’ deficit by 35 million that more than offset an improvement... bonds and T-Bills, which more than offset a drop in their foreign equity holdings

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  8. Central government debt rises to 326.4 billion on ESM disbursement
    Photo by MacroPolis

    EconomyMacroeconomy

    than 5 years) debt made up 80.3 percent of total, while short-term (up to 1 year) and medium-term (1..., Greece’s cash deposits slipped by more than 200 million euros QoQ to 2.79 billion at the end of 2016

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  9. Newsletter 109 - 03/03/2017

    Newsletters

    is still holding out hope that the volume of measures it will have to legislate will be lower than 2... funding has been consistently reduced by a cumulative amount of 63.57 billion, of which more than two

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  10. Stable deposit rate in Jan, slight uptick in loan rate

    EconomyMacroeconomy

    rate for amounts lower than 250,000 euros remained almost flat at 5.27 percent and that for amounts... in January, the corporate loan rates in the Greek market still stand more than 250 bps above

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