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Greek current account deficit grows in Dec, 2014 surplus at 1.66 bln
EconomyMacroeconomyGreece's current account (C/A) balance showed a deficit for the third successive month in December, when it reached 870 million euros, which was more than 3.5 times higher than last year’s figure... estate property in Italy by NBG Pangaea REIC respectively. For the whole year, non-residents
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Greek primary budget surplus eases to 1.95 bln on back of lower revenues in Aug
Economysurplus remains above target by 989 million euros, while the budget deficit is 1.27 billion better than... than target). Revenues and the Public Investment Budget (PIB) balance fell short of their targets.... In particular, PIB revenues dropped 15.9 percent to 3.35 billion euros, 65 million lower than target
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Higher education in Greece needs radical overhaul to create labour-relevant workforce, study says
Societyin 2017 versus 39 percent in 2009) than it is for those with higher education (29 percent in 2017... euros higher than the average monthly salary in the private sector. Recommendations IOBE concludes... sector was 884 euros in 2016 compared to 1,054 euros in 2008. In the public sector, despite falling
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Newsletter 235 -17/01/2020
force than some of his predecessors as prime minister, particularly SYRIZA leader Alexis Tsipras... was hoping that it could clinch a qualified majority of more than 200 out of 300 MPs so that the new... and could need more than one coalition partner to form a government. This means there is an increased
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Unpaid contributions rise to 33.86 bln as more legacy debtors added
EconomyMacroeconomycontributions of more than 5,000 euros from the four main Greek pension funds. It is due to this ongoing... short of 1.4 million. Most debtors, 49 percent of the total, owe less than 5,000 euros for a total... contains 93,363 debtors owing 5.18 billion euros, followed by those that owe more than 1 million
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Public investment under spotlight amid arguments over budget execution
EconomyMacroeconomyinvestment spending appear higher at state budget level than it was. In a statement accompanying... that the Public Investment Budget (PIB) execution last year was better than 2018 because in the previous... general government spending on investments was 3.69 billion euros, which was 800 million euros more than
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Value of HFSF participation in Greek banks falls to 17 billion
EconomyBankingperiod reflects a loss of 4.96 billion euros in Q2 more than offsetting the profit of 1.45 billion...) injected in Alpha, NBG and Piraeus in 2013. However, HFSF has received until now less than 350 million... of 859 million was recorded due to the drop in the valuation of bank warrants. The highest negative
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Current account deficit widens to 404 mln in March
EconomyMacroeconomyGreece's current account (C/A) deficit widened more than four times in March to reach 404 million euros, from 88 million in the corresponding period last year, according to the Bank of Greece (BoG... a sharp drop in the primary income surplus (by 859 million) followed by a narrowing of the services
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Talks on bailout review head for crucial weekend
EconomyProgrammeand for sector-level agreements to be more powerful than firm-level deals. They also stuck.... Meanwhile, the Labour Ministry announced on Thursday that an amount of 859 million from the 2017
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General govt primary cash surplus at 2.42 bln in April, arrears fall by 66 million
EconomyMacroeconomyremained unchanged at 2.85 billion, representing less than 1 percent of the total. Guarantees...) and came to 23.81 billion euros. This was driven primarily by a fall in interest paid (-859 million
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