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  1. Total overdue tax obligations rise to 100.74 bln, up by 1.19 bln in November
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of 1.18 billion, data from the Independent Authority of Public Revenues’ (IAPR) has revealed. New... for this tax category has been 75 percent in October. On a monthly basis, all collectability rates apart... million. Individuals with tax obligations who were under forced collection measures increased by over

    2%

  2. Juncker heralds MoU exit but fails to add clarity during Athens visit
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    in Germany’s Handelsblatt newspaper that German Finance Minister Olaf Scholz has insisted in his....” The Greek prime minister suggested that the high primary surpluses Athens has achieved over the past couple... measures to be put on hold if Greece does not meet its commitments. This highlights the different views

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  3. OECD sees 2.2 pct growth in 2019, stressing importance of reform adherence

    EconomyMacroeconomy

    that while employment growth has slowed down, the share of full-time employment is growing. Bank lending is still in decline, but deposits are gradually being returned and Emergency Liquidity Assistance has... measures in the 2019 budget are expected to support this outcome, most notably lower corporate income tax

    2%

  4. No late rally for Tsipras
    Photo by MacroPolis

    Agora

    and a rundown of the so-called positive measures that SYRIZA has implemented. But it was all matter... in the past has been for the gap between the winner of the European Parliament elections and the second... with the economic crisis and the austerity measures implemented as part of the EU-IMF adjustment

    2%

  5. Fourth review talks conclude with fiscal differences remaining
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    entry rate to 9 from 22 percent. The Greek ministry has been arguing during the talks that the direct... with PPC and a plan that the ministry has in place to improve its finances and viability, will also require... authorities go ahead with the implementation of the tax relief measures that the Greek Prime Minister pledged

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  6. Govt proposes property VAT reduction to kickstart home sales

    EconomyFeatures

    , the majority of the transaction activity has come from overseas investors, while the domestic market remains subdued. Data from the BoG has shown that foreign direct investment into Greek property...The government is taking measures to reduce the VAT on all properties built from 2006 onwards

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  7. Despite differing views IMF and EC see no immediate debt sustainability concerns
    Photo by MacroPolis

    EconomyProgramme

    also attempts to incorporate the low interest rate environment for Greek debt that has manifested.... To capture this the EC has introduced an upside scenario that builds on top of the macro and fiscal... of the debt relief measures that were implemented in 2017 and 2018. Additionally, the PDMA cancelled

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  8. Govt extends 800-euro bonus, heralds loan payment holiday for individuals as well as firms
    Photo via www.government.gov.gr

    Economy

    does not intend to tap the cash buffer of more than 30 billion euros, which has been available to New Democracy since it came to power last year. The fact that the government has had to adjust several...Only two days after announcing economic measures of up to 2 billion euros to support businesses

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  9. IMF expects difficult year for public finances, PBO highlights impact on labour force
    Photo by MacroPolis

    EconomyMacroeconomy

    will rise by 5 percentage points and the drop of exports in the quarter is seen at 25 pct. The PBO has... spends one of the lowest GDP percentages on health overall at 4.7 pct but has one of the highest..., investments and exports. Taking the 45-day horizon since restrictive measures were introduced in mid

    2%

  10. Greece gears up to secure slice of smaller tourism pie this summer
    Photo by Yiannis Drakoulidis/Fosphotos

    PoliticsGreek Politics

    struggling businesses in the tourism sector. Mitsotakis is expected to announce what measures his administration has lined up to help the sector, as well as what kind of health protocols will be in place... pct in the middle of the summer, gradually rising to 45-50 pct by September. However, the company has

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