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  1. Tax wedge for single, married Greeks well above OECD average

    EconomyMacroeconomy

    4 percentage points (pp) above the OECD average of 36 percent. OECD also notes that the combined

    12%
  2. Greek Eurosystem funding up by 2.9 bln in March, reaches total of 107.1 bln

    EconomyMacroeconomy

    an ELA buffer (in cash) of 4 billion. Greek banks’ Eurosystem funding peaked to 157 billion in February

    12%
  3. What higher ECB haircuts on collateral could mean for Greek banks' liquidity
    Photo by MacroPolis

    Economy

    buffer currently stands at 2.9 billion euros, which means the ELA usage has increased by around 4

    12%
  4. Budget primary surplus up to 1.73 bln in Q1 as gov't holds back expenditure

    EconomyMacroeconomy

    expenditure have remained at very low levels, at just 4–8 percent of the annual target compared

    12%
  5. Greek children lead way in languages at primary school level
    Photo by srgpicker via Flickr https://flic.kr/p/3zZRnQ

    Society

    lowest rate of children in early education, with only 75.2% of children aged between 4 and 5

    12%
  6. Greece drafts reform multi-bill as talks catalyst but fiscal gap lingers

    EconomyProgramme

    for Public Revenues. 4) Tender for TV licences with estimated revenues at 350 – 380 million for 2015

    12%
  7. Retail turnover falls by 3.3 pct in Feb, down for fourth straight month
    Photo by MacroPolis

    EconomyMacroeconomy

    and cosmetics (+4 percent). ELSTAT also published the evolution of the seasonally adjusted (SA

    12%
  8. Market value of HFSF's bank holdings plummets by 11 bln in 2014
    Photo by MacroPolis

    EconomyBanking

    -third to around 7.5 billion, corresponding to a drop by more than 4 billion compared to the end-2014

    12%
  9. Commission slashes 2015 Greek growth forecast to 0.5 pct, sees debt rising
    Photo by MacroPolis

    Economy

    percent from 4.8 percent. The EC also halved its import growth projection to 2 percent in 2015 from 4

    12%
  10. Uptick in time deposit rates, mixed trends in corporate loans

    EconomyMacroeconomy

    the 17-percent mark. Overall, the average loan rate in all loan sectors increased by 4 bps to 4.95

    12%