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Is VAT all you've got?
Agora, the symbolism of the reduction is perhaps more important than its economic impact. Samaras presented... for Greece but much less than a triumphant achievement. From the troika’s side, it appears more of an attempt to fob the government off rather than a genuine concession aimed at stimulating the economy
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Tech start-ups click into place to fight off Greek recession
Societyobstacles for Greek entrepreneurs in all sectors. Between 2009 and 2011, more than 486,000 businesses... that was founded by two Greeks in 2001 and is now active in 32 cities around the world with more than 500.... There are more than 200 companies active in a sector which only had a few firms before the crisis. Among
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Key Greek election date firms up; turnout could prove crucial
PoliticsGreek Politicsstands than the local vote, where candidates are often independents or run with the backing of more than.... It is not clear that fewer voters taking part would lead to SYRIZA gaining a lower percentage than it hopes... a resounding victory if turnout is low and fewer than half of eligible voters cast their ballots
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OECD sees Greek recession continuing in 2014, slower recovery to follow
EconomyMacroeconomypercent next year. The updated OECD projections remain lower than those of the European Commission (EC... to different methodologies. Nevertheless, the rate of decline in OECD projections is much slower than... lower than its November forecasts. Although the 2014 estimate is in line with the EC projection
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Tourist arrivals in Greece up 18.7 pct in 2013 but lower average spending points to missed potential
Economyspent less on average last year than in 2012. The average spending per trip eased by 1.9 percent year on year to 604 euros, remaining 38 percent lower than that of Spain (976 euros). In contrast... respectively. Compared to its competing destinations, Greece’s share is only lower than Cyprus (6.8 percent
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Election results in Greece lift uncertainty, for now
Agora. Uncertainty took center stage. The Athens General Index plunged more than 15 percent within the course... percent lead over ND, the senior government coalition party. Elia (PASOK) clocked a better than... than 10 percent of their previous electorate power, their combined power still stands ahead of SYRIZA
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ELSTAT survey finds 2013 household budgets devastated, inequality persists
Societyin the rural than the urban areas. The average monthly expenditure in the urban areas fell 7.1 percent...) is 5.7 times higher than that of the 1st (333 euros). The respective ratio stood at 5.9 in 2012... compared to that (1,030 euros) of the non-poor population. Food and housing account for more than half
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Wealth in Greece plunged by 170 bln since 2007, report finds
Societyon year, but that it had fallen by more than a fifth in Greece over the last seven years. The evolution... wealth in Greece is estimated at 0.56 trillion euros, similar to that in Finland, which has less than... population than Greece. According to JB estimates, the wealthiest 10 percent of European households have
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Significant rises for Greek economic sentiment, consumer confidence in October
EconomyMacroeconomy(YtD) balance remains positive, showing an improvement of slightly less than 11 points from the 91.4... peaked in June at -47.7 and eased by more than 3 points since then. However, the YtD balance indicates an improvement of more than 12 points. The lowest consumer confidence figure was recorded
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General gov't primary cash surplus rises to 3.4 bln in Oct but arrears also growing
EconomyMacroeconomyin the 10-month period of 2014, 2.4 times higher than the 1.43 billion posted last year, according the gg bulletin... cash deficit narrowed by more than 2.5 billion euros to 1.68 billion from 4.19 billion... in the 10-month period, with the state budget figure at 2.03 billion, making up more than half of total. Last
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