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

    EconomyMacroeconomy

    Greece’s new tax debt exceeded the 1-billion mark in December as it climbed to 1.28 billion euros after a smaller increase of 890 million in November, General Secretariat of Public Revenues (GSPR) data revealed on Monday. The figures showed that VAT and the single property tax (ENFIA) created

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  2. Greece worst of 36 countries for patient rights in healthcare
    By Natasha Pantazopoulou/Fosphotos

    Society

    drugs,” the report noted, pointing out that the country’s position in the drug expenses league has

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  3. Adverse weather pushes Jan manufacturing PMI to lowest level for 16 months
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    Greece’s Manufacturing PMI fell by 2.7 points in January after improving by 1 point in the previous month, the Markit survey displayed on Wednesday. The PMI landed at 46.6, which is the lowest reading since September 2015 and stands well below the long-run average of 49.4. The downturn is mostly

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  4. Revenues reach 4.3 bln in January, beating target by 258 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s revenues before tax refunds stood at 4.27 billion euros in January, beating the target by 258 million, according to preliminary figures published by the Independent Authority for Public Revenue (IAPR) on Friday. At the same time, tax refunds amounted to 314 million euros, slightly

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

    EconomyBanking

    in 2016-2017 results from the government’s intention to intensify electronic transactions with individuals

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  6. Greek-Turkish rift puts strain on Cyprus reunification talks
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    on Cyprus will be held in the first days of March. The UN Secretary General’s Special Advisor

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  7. Unemployment rate stable at 23 pct in November
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment stayed stable at 23 percent in November, Hellenic Statistical Authority (ELSTAT) labour force survey revealed on Thursday. This means the headline figure remains the lowest reading since March 2012. Compared to the previous month the number of employed

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  8. Industrial production rises at slightly faster pace of 2.2 pct in Dec
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , manufacturing production, which holds the lion’s share of IPI, dropped by 1.9 percent, while water

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  9. European Commission positive on Greece's macro and fiscal prospects
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to the Commission’s macro forecasts relate to uncertainties over the completion of the second programme

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  10. Greece cleared arrears of 3.1 billion in 2016

    EconomyMacroeconomy

    clearance. It is worth noting that Bank of Greece’s arrears repayment figure of 3.85 billion euros in 2016

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