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  1. Draft budget sets ambitious growth target of 2.8 pct in 2020, plugs fiscal gaps
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    Economy

    of the country’s potential and lead to higher growth rates. Fiscal On the fiscal front, the Finance... seen closing the fiscal gap. Incorporating all fiscal interventions, total revenues in 2020 will reach 54.13 billion, from 54.31 billion in 2019. Total expenditure will reach 57.05 billion euros, from

    4%

  2. Personal responsibility and public healthcare: Greece on a wing and a prayer
    Photo by Angelos Christofilopoulos/Fosphotos

    Agora

    are in the age groups with the highest mortality rates for Covid-19. Development Minister Adonis... rate, with total expenditure on health rising from 14.7 billion euros (8.6 percent of GDP) in 2003... health care, lack of modern units, limited use of new technology, an almost total absence of control

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  3. Greek hotel industry reports COVID-19 related losses of half a billion to date
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    EconomyFeatures

    -March. It found that cancellation losses for the total industry due to the coronavirus had so far come... hotels estimated that their turnover would drop by 51 percent in 2020 based on room rates... will directly threaten 38,234 jobs, which represents 20.5 percent of total hotel employment unless

    4%

  4. Opposition picks holes in latest measures to mitigate economic impact from pandemic
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    PoliticsGreek Politics

    countries having higher replacement rates, even up to 100 pct. Centre-left Movement for Change... Democracy’s claim that the total package of measures it will implement to mitigate the economic impact... totalling 8 bln euros, which means this amount cannot be included in the total. He added that another

    4%

  5. ND feeling fiscal pressure as row over media handouts rumbles on
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Natfemporiki that occupancy rates at hotels in Athens that have re-opened range between just 8 and 12... for assistance via loan and loan guarantee schemes. According to press reports over the weekend, a total of 165,000 companies have applied for some form of financing, with the total loans requested reaching 28

    4%

  6. Rise in "imported" Covid-19 cases a source of jitters for tourism industry
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    PoliticsGreek Politics

    -and-trace system for visitors. Since the beginning of the pandemic, Greece has recorded a total of 3,622 cases and 193 deaths in a population of under 11 million. A total of 355,190 tests have been... have received the necessary health clearance, and occupancy rates stand at 20-25 percent

    4%

  7. VAT gap of 30.1 pct in 2018 keeps Greece among worst performers in EU

    EconomyFeatures

    billion euros in Value-Added Tax (VAT) revenues in 2018, equal to a total revenue loss of 11... VAT Total Tax Liability (VTTL). The VAT gap is caused by fraud and tax evasion, corporate insolvency... the potential revenue loss due to reduced VAT rates and the ‘exemption gap’ representing

    4%

  8. Newsletter 270 -23/10/2020

    Newsletters

    (a daily record since Covid-19 reached Greece), taking the total 549, with another 90 patients...”. The government’s insistence on comparing Greece’s infection rates favourably to those of other.... The total amount outstanding for the 2035 maturing issue is now 4.5 billion euros. More than 280

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  9. Greece persistently bottom of the list for EU gender equality
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    gender equality. The Index uses a scale of 1 to 100, where 1 represents total inequality and 100 represents total equality. The scores are based on the gaps between women and men and levels... increased women’s employment rates, lower risks of poverty for both women and men, improved gender

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  10. Updated IMF DSA sees Greek debt as sustainable in medium-term, risks over long-term
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    EconomyMacroeconomy

    interest rates and long maturities. However, long-term sustainability is subject to material risks that could throw the baseline scenario off track. Of the total stock of 339 billion euros at the end.... Of the private debt, GGBs were just 13 pct of the total. This is one of the factors that speaks to the great

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