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  1. Out-of-court workout holds promise for firms in debt
    Photo by Joe Gratz via Flickr https://flic.kr/p/bkUna

    Legal

    into account the financial situation and particularities of each one. It also provides the debtor and its

    1%
  2. Study shows 341 mln a year in tax lost from short-term rentals
    Photo by George Vitsaras/Fosphotos

    EconomyFeatures

    Thornton found that, based on data from 2016, hotels account for around 10 percent of Greece’s GDP

    1%
  3. Review demands put spotlight on Greek banks
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    stressed that the SSM would take into account the “particularities” of the Greek banks and efforts would

    1%
  4. Deposit inflows rise to 1.41 bln in August, highest for 2017
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The drop reflected “developments in the liquidity situation of Greek banks, taking into account

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  5. Wolfgang at the door
    Photo by EU/Fosphotos

    Agora

    account surplus, which is the world’s largest. Steady hand Furthermore, there has been little

    1%
  6. New overdue tax obligations at 1.07 bln in August, total at 98.23 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The remainder is related to the four key taxes. Taking into account that tax revenues stood

    1%
  7. Eurosystem funding falls by 3.58 bln in September
    Photo by MacroPolis

    EconomyMacroeconomy

    banks, taking into account private sector deposit flows,” the BoG noted. On a year-to-date basis

    1%
  8. Labour market reforms did exactly what they were supposed to
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    Greece had a current account deficit of 15 percent of GDP in 2008, when the crisis struck. Unit labour costs since euro adoption had increased by 35 percent, compared to less than 20 percent in the euro area. Greece’s minimum wage was higher than countries that would be considered peers, 50 percent

    1%
  9. Deposit outflow of 51.7 mln in September for banks
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The drop reflected “developments in the liquidity situation of Greek banks, taking into account

    1%
  10. Sub-tranche for arrears approved as round of review talks draws to close
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    1.2 billion euros of arrears. This allows another 800 million euros to be transferred to an account

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