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Overdue social security contributions rise to 34.35 bln in Q3
EconomyMacroeconomyin 2017, and showed a rise of 23.9 million QoQ. Overall, KEAO has collected revenues of 3.85 billion
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GDP shows annual growth of 2.2 pct in Q3
EconomyMacroeconomyhas stayed above 2 percent for four out of the five previous quarters. In addition, GDP at current
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Greek tax rate hikes among highest in OECD countries, tax report shows
EconomyFeaturesThe OECD’s annual Revenue Statistics report on tax has revealed that Greece’s tax to GDP ratio increased by 0.6 percentage points (pps) between 2016 and 2017, making the country’s tax rises among the highest out of 36 OECD countries surveyed. The tax-to-GDP ratio stood at 38.8 percent in 2016
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Industrial production falls by 1.1 pct in October, interrupting seven-month positive streak
EconomyMacroeconomyin the previous month. Year-on-year, industry confidence has improved by 0.7 points. Additionally
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Turnover in services sector improves in Q3 2018 on annual basis, declining QoQ
EconomyMacroeconomypoints in October. Year-on-year, service confidence has fallen by 2.5 points.
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Hirings balance negative by 33,249 in November as seasonality impact begins to tail off
EconomyMacroeconomy-time work fell to 42.6 percent. The Greek job market in recent years has been characterised by a shift
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Industrial turnover rises by 17.8 pct in October, highest since May 2017
EconomyMacroeconomyconfidence has improved by 0.7 points.
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October current account deficit at 871.3 mln as goods balance worsens
EconomyMacroeconomy-on-year (YoY), the deficit has grown by 82.2 million. The month’s headline figure was driven mainly
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PDMA sets out plans to build on recent market forays with bond issues in 2019
EconomyGreece’s Public Debt Management Agency (PDMA) issued this week its finance strategy for next year, which also outlines how the country’s market access since the summer of 2017 has been progressively built and gives a detailed profile of Greece’s current debt structure. Moving towards the end
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Retail turnover falls by 2.2 pct in October, volume declines by 4 pct
EconomyMacroeconomy-on-year, consumer confidence has improved by 18 points. November’s reading for consumer confidence
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