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  1. Bank holiday to end but capital controls remain and some transactions forbidden
    Photo by MacroPolis

    Economy

    rates are effective as of July 20. Moreover, the hotel VAT rate is set at 6 percent until September

    3%
  2. Travel receipts up 17 pct in May as average expenditure per trip rebounds
    Photo by MacroPolis

    EconomyMacroeconomy

    . The breakdown of inbound tourist activity showed strong growth rates in arrivals from the UK (+45.6 percent

    3%
  3. IOBE think-tank sees recession of up to 2.5 pct this year, milder in 2016

    Economy

    or slightly lower compared to last year. In addition, the reshuffling of the VAT rates may mitigate

    3%
  4. On the Greek crisis and German imbalances

    Agora

    faster rates than was the case in a Greek economy captured by oligopolies in e.g. Food and Petrol

    3%
  5. CPI falls by another 2.2 pct in July as VAT rises yet to be recorded
    Photo by MacroPolis

    EconomyMacroeconomy

    in the VAT rates applied as of July 20. This is because the price observations usually take place

    3%
  6. Capital controls take toll on car sales, which fell 23.9 pct in July for first time in two years
    Photo by MacroPolis

    EconomyMacroeconomy

    of 347,354. Market sources had indicated that the strong growth rates until the first half of the year

    3%
  7. Greek government commits to new fiscal measures for third bailout

    EconomyMacroeconomy

    changes to VAT, increase in health contributions for pensioners, increase in the corporate tax rates

    3%
  8. Greek Q2 growth of 0.8 pct confounds recession forecasts
    Photo by MacroPolis

    EconomyMacroeconomy

    year, official forecasts saw GDP growth of 2.9 percent in 2015, among the highest growth rates

    3%
  9. Rebound of 9.38 pct on Tuesday almost erases Monday's Greek stock losses

    Economy

    the central bank of China cut interest rates and lowered banks’ reserve amounts. The Athens Stock

    3%
  10. Greek stocks almost unchanged at end of roller coaster week

    Economy

    rates and lowered banks’ reserve amounts. The Athens Stock Exchange general index landed at 633.81

    3%