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  1. Eurosystem funding drops by another 3.9 bln in May, ELA down 2.1 bln
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    . Since the agreement reached at the EU Summit in July last year, ELA funding has dropped by almost

    1%

  2. Labour laws already emerging as key issue for next bailout review

    PoliticsGreek Politics

    in Evia and fire all 236 workers. However, a year later the then New Democracy-led government issued

    1%

  3. SYRIZA not entirely behind plans for changes to constitution, electoral system
    Photo by MacroPolis

    PoliticsGreek Politics

    . With SYRIZA’s congress due later this year, it appears that Prime Minister Alexis Tsipras has some

    1%

  4. In updated DSA, EC sees Greek debt as unsustainable if no relief measures implemented
    Photo by Sebastien Bertrand via Flickr https://flic.kr/p/7ZRenG

    EconomyProgramme

    official funding and clearing arrears expected at 4 billion euros by the end of the year

    1%

  5. Lower foreign arrivals lead to 7 pct drop in April travel receipts
    Photo by MacroPolis

    EconomyMacroeconomy

    , while tourism revenues are expected to record a broadly similar growth to 15 billion this year.

    1%

  6. Athens sweats on outcome of UK referendum
    Photo via Flickr https://flic.kr/p/AVZDxh

    PoliticsForeign Policy

    are worth around 3 billion euros a year but there are concerns that the economic impact will be far

    1%

  7. Some basic products in Greece among most expensive in EU

    Society

    in 2015 than in the previous year (77.4 percent) in Greece, the data showed. The data is based

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  8. Study estimates tax evasion costs taxpayer up to 16 bln annually

    Economy

    Tax evasion in Greece is estimated to range from 6 to 9 percent of GDP, involving tax losses from 11 to 16 billion a year – the equivalent of almost one third of public revenues – according to a new study conducted by Ernst and Young for the Athens-based think tank Dianeosis. In specific, the study

    1%

  9. Pending pensions mount up, complicating fiscal effort
    Photo by MacroPolis

    Economy

    pensions to the private sector has an estimated cash deficit of 700 million this year, which is due

    1%

  10. Greek economy braced for impact from Brexit, hopes effect will be limited

    Economy

    for the full-year performance, arrivals from the UK increased by 12 percent, while the corresponding

    1%