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New tax debt at 1.67 bln to Feb, up by 1.04 bln month-on-month
EconomyMacroeconomyThe month-on-month rise in Greece's new tax debt came to 1.04 billion euros in February, data from the Independent Authority of Public Revenues (IAPR) has shown. New tax debt totalled 1.67 billion, lower than the figure for the same period last year by 22 percent. In January, the increase in new
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Industrial production edges up by 0.6 percent in March
EconomyMacroeconomyas coronavirus-related measures took hold. Year-on-year, industry confidence has fallen by 4.7 points
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VIDEO - The Greek economy after Covid-19
AgoraGreece has earned plaudits for tackling the Covid-19 threat to publich health but now faces a challenge in containing the impact on the country's fragile economy. Even in the best-case scenario, the recession is likely to rival the worst years of the recent debt crisis. Also, the momentum
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Building permits increase by 64.3 pct in February
EconomyMacroeconomy. Compared to the same month last year, construction confidence has decreased by 26.8 points. The Bank
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Study suggests 1 in 3 employees could work remotely
EconomyFeaturesResearch by the Centre of Planning and Research (KEPE) has revealed that up to a third of Greek workers could work remotely. With the advent of the coronavirus in the country, the Greek employment market was pushed into the digital age by allowing employees to work remotely, something
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Greek families burdened by high tax rates
SocietyA study by the Washington-based think tank, the Tax Foundation, has found that Greek families pay among the highest rates of tax out of OECD member states. The figures were presented in Greece by the Markos Dragoumis Center for Liberal Studies (KEFiM). They show that a Greek worker without children
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The Agora podcast - Episode 1 (Greece & Covid-19)
AgoraOur first podcast is on (what else?) the coronavirus. Host Nick Malkoutzis discusses with MacroPolis co-founder Yiannis Mouzakis and the website's features writer Georgia Nakou about how Greece has coped with the public health challenge of Covid-19 and what impact the virus could have on the Greek
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Primary cash balance deficit climbs to 2.62 bln in April largely on revenue deterioration
EconomyMacroeconomy, the PIB balance has worsened by 551 million euros. The budget primary balance recorded a deficit
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Industrial turnover drops by 9.3 pct in March
EconomyMacroeconomy. Year-on-year, industry confidence has fallen by 4.7 points. Industry confidence is currently
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Current account shows deficit of 1.10 bln in March as Covid-19 hits trade & travel
EconomyMacroeconomyGreeceās current account (C/A) balance posted a deficit of 1.10 billion euros in March compared to a deficit of 1.14 billion in February, Bank of Greece (BoG) data showed on Thursday. In the same period last year, the deficit was 1.54 billion euros, meaning that the deficit has improved by 431.6
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