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  1. Decisive week for Greek programme begins with proposal from Athens
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    an EFSF/ESM bond exchange, interest rate swaps and matched funding. There has also been movement

    2%

  2. Only 11.5 pct of Greek businesses made web sales in 2016

    Society

    While almost 90 percent of Greek businesses have access to the internet, only 11.5 percent reported making any web sales online in 2016, be it through a web shop or app, web data from the Hellenic Statistics Authority (ELSTAT) has shown. Of the 21,600 enterprises included in the 2016 survey, which

    2%

  3. Stocks down 0.4 pct this week after tumbling in wake of Eurogroup
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    index has fallen 4.9 percent. The top outperformers included Viohalco (+2.2 percent), Coca Cola Hellenic

    2%

  4. Economic sentiment stays stable at 95.1 in Jan, consumer confidence dives 3.4 pts
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , the most mark improvement has been recorded by the services confidence indicator (+19.9 points) followed

    2%

  5. New overdue taxes jump by 1.3 bln in Dec, total stock climbs to 54 pct of GDP
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The biggest revenue gap of 1.77 billion euros was created by VAT, but this tax has the second

    2%

  6. Tsipras tweaks message as chance of review compromise emerges
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    the compromise is the position of Finance Minister Euclid Tsakalotos, who has publicly said in the past

    2%

  7. Number of new companies registering in 2016 half of those in 2008
    Photo by Natasha Pantazopoulou/Fosphotos

    Economy

    is still searching for an equilibrium after eight years of recession and has not managed to get away

    2%

  8. Banks see efficiency gains after shedding 29 pct of staff, 42.6 pct of branches during crisis
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    of bank branches has decreased by 42.6 percent or by 1,736 to 2,343 at the end of last June from 4,079

    2%

  9. IMF sees much scope for reform progress, particularly on tax in Article IV report
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    Greece’s European partners, the IMF stresses. The report notes that the reform momentum has slowed

    2%

  10. IMF examines where programme went wrong, what lessons were learnt
    Photo by Panayotis Tzmaros/Fosphotos

    EconomyProgramme

    of more than 5 percent of GDP within three years (or 1.7 percent per year on average) has an increasingly

    2%