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  1. Rise in overdue contributions slows to 310 mln in Q3, total at 16.9 bln

    EconomyMacroeconomy

    period. Both the Q3 as well as the 9-month figure have risen by around 24 percent year on year (YoY

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  2. Greece drops three places to 61st in World Bank's ‘Doing Business’ ranking

    Economy

    year. For Dealing with Construction Permits (58th), Greece requires 17 procedures, it takes 124 days... payments per year, taking 193 hours, while the total tax rate stands at 50.7 percent of profit. World Bank

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  3. PMI falls again in October amid ongoing drop in output and new orders

    EconomyMacroeconomy

    of the year. The ongoing downturn in the manufacturing sector is largely attributed to decreases... reducing their selling prices further, the likelihood of jobs growth sustaining until the end of the year

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  4. Tsipras freshens up cabinet, looking for balance with party and lenders
    Panayotis Tzamaros

    PoliticsGreek Politics

    last year. Fylis was recently involved in a serious dispute with the Church of Greece over religion... reforms since last year, was replaced at the Labour Ministry by 31-year-old Efi Achtsioglou, who

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  5. Second review to resume in Athens under severe time pressure
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    have not been implemented, while next year’s spending review is not expected to mitigate those savings... appearing overall optimistic on achievement of budget targets. The report concluded that this year’s fiscal

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  6. Greece, lenders inch forward after talks on settlement of tax and bank debt
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    does not allow the residents affected to claim the money they paid this year back, while the Finance... by the end of the year. This ruling may pave the way for similar judgments in the future since a large number

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  7. Talks on bailout review head for crucial weekend
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    refer to next year. The bulk of 2017 interventions worth 2.51 billion related to incremental revenues... is expected to be published sometime before the end of the year along with the article IV report

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  8. Greek stocks climb 5 pct on week led by double-digit bank gains
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    year to date. Piraeus and Eurobank excelled with solid gains of 27.8 and 26.2 percent respectively... percent to 19 million in the 9-month period from 47.9 million a year ago, while its rental income

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  9. Greece worst-performer in EU 28 for social justice
    Photo by Panayiotis Tzamaros/Fosphotos

    Society

    Greece ranks as the worst-performing country in terms of social justice in the EU for a third consecutive year, a recent study by the Bertelsmann Foundation has found. In its Social Justice Index... the second highest NEET rate in the EU. “In 2014, 26.1 percent of 20-to-24 year old Greeks were

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  10. Current account surplus widens to 1 bln in September
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s current account (C/A) surplus expanded by more than 104 million euros or 11.5 percent from last year to reach 1.01 billion in September from 904 million a year ago, Bank of Greece (BoG) figures displayed on Monday. The improvement mostly reflects a widening of the services surplus by 178

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