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  1. Energy at forefront as Athens prepares for creditors’ return
    Image via www.dei.gr

    EconomyProgramme

    Athens has reached a comprehensive agreement on energy issues, which was one of the biggest obstacles in the way of a staff-level agreement (SLA) being secured by December 4. Energy Ministry.... The government has reportedly only completed around 30 percent of the 101 prior actions expected

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  2. OECD report shows Greece had highest tax ratio rise in 2016
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The OECD published yesterday its regular revenue statistics for 2017. The publication has comparable tax revenue data with the latest edition, providing final data up to 2015 as well as provisional... composition representing roughly one-fifth of tax collection. Direct and indirect taxation has been

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  3. Institutions, Athens start new round of review talks as e-auctions get green light
    Photo by Vassilis Asvestopoulos/Fosphotos

    EconomyProgramme

    of the energy market. An agreement has been reached between Athens and the European Commission.... The creditors are also expected to take a close look at the out-of-court workout, which has been in operation

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  4. Why it makes sense for ESM to swap Greece's IMF loans
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    in a cushion of 20 billion euros of programme financing being left aside. To date, the ESM has disbursed around 40 billion euros. The disbursement schedule has another 18.4 billion euros to be released until

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  5. November PMI at 52.2 as new business growth hits 45-month high, hirings reach 18-year peak
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyMacroeconomy

    messages for the Greek sector, which has been suffering from demand and unemployment over the years... to the sharpest round of job creation for 18 years. These are encouraging signs for the Greek economy which has

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  6. GDP growth slows in Q3 amid lower 2017 forecasts
    Photo by MacroPolis

    EconomyMacroeconomy

    , provisional estimates from the Hellenic Statistical Authority (ELSTAT) revealed on Monday. ELSTAT has put... r in its autumn economic forecasts published in November. The IMF has not updated its estimates

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  7. Pandora's box ajar for Turkey and Greece?
    Photo by Andrea Bonetti/Fosphotos

    Agora

    of internal polarisation. Now, the Lausanne controversy has been resurrected. But this time, if Turkish... and nationalist tone in Turkey. Almost all the newspapers came out with the same headlines; "Erdoğan has

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  8. Industrial production grows by 0.5 pct in October, slowest rate for 2017
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyMacroeconomy

    on Monday. In the year so far, the IPI has remained steadily in positive territory, although the latest... to date, industry confidence has improved by 1.2 points. Additionally, the Markit Manufacturing PMI

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  9. Net job hirings balance for November turns negative by 39,221
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    of 37,667 was recorded, the current month’s figure has worsened by 1,554. Hirings totalled 169,819 versus... to 42 percent of the total. The balance has persistently remained in favour of part-time and shift work

    2%

  10. Wages index improves 0.9 pct in Q3, declines 0.7 percent YoY
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , the index has fallen by 0.7 percent. The record high of 120.4 was posted in Q1 2010, while the lowest reading of 78.8 was recorded in Q1 2000. Since its peak, the index has declined by a quarter on the back

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