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Primary budget deficit at 1.69 bln euros in Q1 as tax revenues continue to overperform
EconomyMacroeconomyThe budget primary balance for the first three months of 2022 came to a deficit of 1.69 billion euros, compared to a deficit of 3.41 billion euros in the same period last year, according to the preliminary Finance Ministry (MoF) budget execution data re...
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March budget primary balance short of target, but taxes continue to overperform
EconomyMacroeconomyThe budget primary balance for the first three months of 2022 was confirmed at 1.65 billion euros, compared to a deficit of 13.4 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution data released...
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Resignation of PM's aide poses grave questions for coalition, institutions
PoliticsGreek PoliticsThe government, and Prime Minister Antonis Samaras personally, were dealt a severe blow on Wednesday when cabinet secretary Takis Baltakos was forced to resign after a video of him discussing details of the judicial probe into Golden Dawn with the Neo-N...
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SYRIZA tries to contain impact of ex-minister's grave allegations
PoliticsGreek PoliticsThe government is in a battle to contain the impact from allegations by former Citzens’ Protection Minister Yiannis Panousis that some SYRIZA members were in regular contact with jailed members of terrorist groups and tried to arrange for beneficial leg...
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Cabinet clears marriage equality bill without drama as Tempe inquiry hears grave accusations
PoliticsGreek PoliticsSame-sex marriage looks set to prove less of a stumbling block for the government than initially thought, while a last-minute attempt to extend postal voting to national elections torpedoed the consensus cultivated with opposition parties. New Democracy...
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Grave OPEKEPE claims add to climate of mistrust affecting ND, political system
PoliticsGreek PoliticsThe ongoing parliamentary inquiry into the OPEKEPE scandal continues to produce revelations that could be severely damaging for the government, which has been engaged in a constant firefighting exercise since the corruption allegations came to prominenc...
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Sharper drop for retail sales in July points to lingering recession
EconomyMacroeconomyperiod, with the average monthly inflow at c400 million euros over this 3-month period. Our
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Retail's downward slide continued with 8.9 pct sales drop in August
Economy, with the average monthly inflow at c400 million euros over this 3-month period. Our understanding
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Primary surplus targets become part of main political agenda ahead of elections
PoliticsGreek Politicschange over time if the next government can overperform on the reform front remains to be seen
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SYRIZA looks to eat further into ND's poll lead in final week of campaign
PoliticsGreek Politicsrepeated that as long as the budget continues to overperform there will be more permanent positive
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