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  1. BoG report notes challenges to Greek economy, issues warning over high fiscal targets
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    The Bank of Greece’s (BoG) annual report has outlined a number of challenges and proposals for the Greek economy, and included a downward revised forecast for growth. BoG governor, Yannis Stournaras... was the fact that the BoG has revised its growth forecast for 2019 to 1.9 percent from 2.5 percent

    2%

  2. IAPR annual data shows growing tax pile and pressure on middle-income taxpayers
    Photo by MacroPolis

    Economy

    The Independent Authority for Public Revenue (IAPR) has released annual figures for 2018 which show the growing pile of tax debt owed to the state as well as increased measures to confiscate amounts..., the IAPR has set a target of enforced debt collection methods to 66 percent of the total amount of tax

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  3. Early IMF repayment next goal for Athens after concluding second post-MoU review
    Photo by Andrea Bonetti/Fosphotos

    EconomyProgramme

    in nature, expiring at the end of this year. “This particular law has a target, which is to protect... to the IMF has an interest rate of nearly 5 percent. From a debt sustainability and fiscal perspective

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  4. Eurosystem funding falls by 1.24 bln in Jan, banknotes in circulation fall below Nov 14 figure

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding declined by 1.24 billion euros month-on-month (MoM) in January, the Bank of Greece's (BoG) final financial statement for January 2019 has revealed. As of January... of 126.57 billion in June 2015, Eurosystem funding to Greek banks has declined by roughly 116.74

    2%

  5. Industrial production up by 2.3 pct in Feb
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ) data revealed on Tuesday. The index has stayed positive for four consecutive months so far, after... by 1.1 points month-on-month to stand and -2.3. Year-on-year, industry confidence has improved by 1

    2%

  6. IMF sees Greece on course to meet fiscal targets and reduce debt

    EconomyProgramme

    sees compliance with the primary surplus target that Greece has agreed with its creditors. The primary.... Revenue collection On the revenue front, the Independent Agency for Public Revenue (IAPR) has

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  7. Confrontation over graft claims moves into overdrive
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to bribery and money laundering allegations linked to pharmaceutical giant Novartis. Loverdos has said that he will ask for his immunity to be lifted so that he can prove his innocence. The affair has

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  8. Greece tax wedge rises two places to 13th highest among OECD countries, report finds

    EconomyFeatures

    The Organisation for Economic Cooperation and Development (OECD) has published a bulletin on the taxation of wages in various countries which shows the high levels of tax that Greek workers’ wages... benefits of 77.7 percent of gross wages against an OECD average of 85.8 percent. The OECD in the past has

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  9. Eurosystem funding falls by 625 mln in Mar, banknotes in circulation rise by 120 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    by 2.93 billion. In the year so far, Eurosystem funding has declined by 2.69 billion euros, reflecting... this peak, Eurosystem funding to Greek banks has steadily declined by 148.71 billion euros

    2%

  10. Confidence vote and relief measures expected after Easter break
    Photo by MacroPolis

    PoliticsGreek Politics

    this as an opportunity to talk up the interventions that his government has made over the last six months to provide... that support for Podemos has plummeted over the last few years and suggested that SYRIZA’s star would wane

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