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Credit contraction stable at 1.6 pct in Feb, net deductions drop to 101 mln
EconomyMacroeconomyThe rate of credit contraction in the Greek market remained stable at 1.6 percent in February, Bank of Greece (BoG) figures showed on Monday. Meanwhile, net deductions significantly slowed to 101 million euros in February from 885 million in the previous month and 295 million a year ago
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Economic sentiment reaches 101 pts in Dec, highest in more than 3 years
EconomyMacroeconomyGreece’s economic sentiment (ESI) had one of its most marked improvement of 2017 in the final months of the year, when it edged up by 2.6 points to 101 from 98.4 in November, European Commission (EC) figures revealed on Monday. December was the second time that sentiment crossed the 100-mark
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Economic sentiment drops to 101 in October, consumer confidence rises by 6.6 points
EconomyMacroeconomyGreece’s economic sentiment (ESI) fell by 0.3 points to 101 in October compared to September, European Commission (EC) figures revealed on Tuesday. Sentiment has stayed above the 100-point mark for seven consecutive months now. The latest month’s reading is the lowest since March this year, when
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Final budget primary surplus reached 2.72 bln at end-April after upward revision of PIB revenues
EconomyMacroeconomyGreece’s budget primary surplus rose by more than 29 percent to 2.72 billion euros in the 4-month...) final budget execution bulletin showed on Friday. The headline number is 339 million euros higher than... of the Public Investment Budget (PIB) revenues by a similar amount to 1.91 billion from 1.57 billion
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Budget primary surplus at 4.5 bln in 9-month, below target on lower revenues, higher tax refunds
EconomyMacroeconomyThe budget primary balance recorded a surplus of 4.50 billion euros in the first nine months... (MoF) preliminary budget execution bulletin showed on Monday. The primary surplus for the first... to 958 million euros, picking up pace from August’s figure of 520 million euros. The budget balance
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Budget primary surplus of 4.54 bln in 9-month below target despite underspend
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 4.54 billion euros in the first nine... Ministry’s (MoF) final budget execution bulletin showed on Tuesday. The primary surplus.... The budget balance in the first nine months of 2017 eased to a deficit of 327 million euros, falling below
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Inflation and economic bounce boost tax revenues as Jan-Apr budget primary balance beats target by 1.65 bln
EconomyMacroeconomyThe budget primary balance for the first four months of 2022 was confirmed at a deficit of 799... to the final Finance Ministry (MoF) budget execution data released on Wednesday. The primary balance... investment budget, came to 15.92 billion euros. Net revenues reached 17.69 billion euros, above the target
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PPC, Hellenikon present government with first test of problem solving mettle
Economyadministration thought it had finally solved this problem with a plan to sell off some of PPC’s... the state budget, it would further complicate the government’s already difficult budget negotiations.... But even that tragic news story highlighted the depths of the problems with Greece’s electricity
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Newsletter 187 -14/12/2018
to the Finance Ministry’s (MoF) monthly gg bulletin. Overall, the state budget primary balance showed a rise... projection in the budget sees the HICP rising by 0.8 percent in 2018. Q3 wages index up by 2.8 pct QoQ.... November’s figure was driven by a drop of 859 million in Emergency Liquidity Assistance (ELA) funding
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Budget primary surplus to Sept surges to 5.44 bln on solid tax revenues
EconomyMacroeconomyGreece’s budget primary surplus surged by more than 77 percent to 5.44 billion euros in the 9-month period of 2016 from 2.27 billion a year ago, according to the Finance Ministry (MoF) final budget...) and higher revenues (by 1.54 billion), while the Public Investment Budget (PIB) balance fell short
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