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VAT revenues up in 2016 but rate hikes fail to close gap of 29 pct
The European Commission's VAT Gap report has revealed that high rates of VAT in Greece appear to have fed tax avoidance rather than close the gap between expected and actual revenues.
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After signing name deal, Athens and Skopje face several more steps
Athens has already composed the letter to NATO Secretary General Jens Stoltenberg, which will be sent following the ratification of the agreement between Greece and the Former Yugoslav Republic of Macedonia (FYROM) that was signed on Sunday.
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Greece's antitrust damages initiative comes into force
On April 23, 2018, Greece issued Law 4529/2018 implementing the EU Antitrust Damages Directive 2014/104/EU (“the Antitrust Damages Directive”).
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ECB report highlights sluggish Greek economic growth
The annual report of the European Central Bank (ECB) showed that Greece had the lowest rate of growth among Eurozone countries in 2017, with 1.4 percent growth compared to the average of 2.3 percent.
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Greek hourly labour costs less than half of eurozone average
New figures from Eurostat have shown vast discrepancies between hourly labour costs across the European Union’s member states and the eurozone in general.
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Greece registers 42,425 asylum seekers at rising rate in two years of EU-Turkey deal
The Migration Ministry released a report which summarises the activities of the Greek asylum service in the two years since the EU-Turkey refugee deal came into effect.
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Europe, the euro and a leader like Putin: survey reveals mixed views of Greeks in 2018
An annual survey by the diaNEOsis research and policy institute on what Greeks believe presented a complex picture of how Greeks feel about Europe, the euro and their economy.
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Capture of soldiers adds to complexity of Greek-Turkish relations
The arrest of two Greek servicemen last Wednesday in the northern border region of Evros is causing much concern in Athens as officials wait to find out what Turkish authorities will decide to do with the soldiers.
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Athens hits back over EU's refugee criticism, but domestic gripes more of a concern
The refugee issue continued to pose a significant challenge to the government over the Christmas break, with Migration Policy Minister Yiannis Mouzalas trying to deflect some of the criticism aimed at Athens, particularly in relation to the conditions at island hot spots.
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Tusk proposals over refugee quotas puts Athens on alert ahead of EU summit
Prime Minister Alexis Tsipras is said to be steeling himself for a potential clash within the European Union over the fate of refugees, which has also been causing domestic problems of late.