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  1. Greece tops OECD countries for tax rises and spending cuts
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    The Organisation for Economic Cooperation and Development’s (OECD) latest report on tax policy reforms has highlighted the extent of increased taxation in Greece in recent years. The annual report... framework. It found that tax collection has improved, but that evasion remains high due to high

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  2. Industrial production grows by 1.9 pct in July for year's second highest rise

    EconomyMacroeconomy

    , industry confidence has risen by 6.1 points. Additionally, the latest Markit Manufacturing PMI came to 53.9 points in August from 53.5 in July. The index has stayed above the 50-point mark for close

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  3. Births rise slightly, divorces fall in latest living conditions report
    Photo by Angelos Christofilopoulos/Fosphotos

    Society

    The latest report on living conditions in Greece by the Hellenic Statistical Authority (ELSTAT) has revealed a mild improvement in several areas, while capturing how the country’s economic troubles... since. In 2016, the latest year for which data has been made available, the number of marriages dropped

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  4. ND defends economic pledges as Kammenos repeats walkout threat
    Photo via @neadimokratia

    PoliticsGreek Politics

    . The leftists argue that they are interested in creating conditions for equitable growth now that Greece has... and wages of workers. SYRIZA argues that Mitsotakis favours the wealthy instead and has highlighted

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  5. Hirings balance in August turns negative by 7,748
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    , though slowing from July’s negative figure of 8,610. Compared to August last year, the balance has... and 15 percent of hirings, respectively. The Greek job market in recent years has been characterised

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  6. Industrial turnover rises by 17.5 pct in July for seventh positive month

    EconomyMacroeconomy

    . The latest figure means that the index has remained positive for seven straight months after the negative..., industry confidence has risen by 6.1 points.

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  7. Moody's explains cautious approach to Greek credit rating upgrade
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    of being completely removed by early next year. The funding situation of the banks has improved... although has been lowered from ‘Very High’ previously, the sector is characterized by very weak asset

    2%

  8. Deposit inflows reach 1.30 bln in August on increased sight deposits
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    combined to boost confidence in recent months, which has manifested in positive deposit inflows... the start of the year, Eurosystem funding has declined by around 21.04 billion.

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  9. Question mark over pension cuts in 2019 draft budget as Athens looks to lenders
    Photo by MacroPolis

    EconomyProgramme

    Fund, which only has a consultative role, the pension cuts are a much-needed structural measure... the sub-minimum wage for young workers and has presented a proposal based on the Portuguese model

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  10. Greece scores low on index for skills development, activation and matching
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    Greece has scored poorly in the first European Skills Index (ESI) released by the European Centre for the Development of Vocational Training (Cedefop). Cedefop works with the European Commission, EU... and represents not only the work that has been done but also the ground left to cover in order to meet

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