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Current account deficit improves significantly in 9M, falling to 7 bln
EconomyMacroeconomyGreece’s current account recorded a deficit of 408.8 million euros in September, from a surplus of 1.1 billion euros in August, Bank of Greece (BoG) data released on Thursday showed. In September 2024, the balance showed a deficit of 486 million euros. ...
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General government bottom line continues to improve with moderate decrease in arrears
EconomyMacroeconomygovernments at 757 million (12 percent), while state budget and extrabudgetary funds’ arrears along.... The government is expected to repay arrears of 7 billion by the end of the year, 1 billion lower than the initial... noting that on Monday (October 7) the MoF will table to Parliament the 2014 draft budget. A bulletin
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Final act in ERT closure carries significant risk for coalition
PoliticsGreek Politicsand prompted the departure of Democratic Left from the three-party coalition, just 12 months after it had.... #ERT http://t.co/QHoSB72hbX — Thalion (@Thalion_1) November 7, 2013 Government communications... Safioleas (@stratosathens) November 7, 2013 Nevertheless, the government has banked on the fact
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Despite pledges, Greeks uncertain and feel recovery will take years
Societytroubles will soon come to an end. According to the Public Issue poll, just 7 percent of Greeks believe that the crisis will only last for another 12 months maximum. Just over half of the 1,005 people... percent are disappointed, 13 percent are stressed, 10 percent feel ashamed, 7 percent are saddened
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Why did Greece return to bond markets now? Was it the right decision?
Economyfinanced for the next 12 months and possibly beyond. The return to markets came just a few days after... to continental Europe, 15 percent to the rest of the world and 7 percent was distributed to investors in Greece... the desired target than an auction does. The fact that the bond was oversubscribed more than 7 times also
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Greece continues to edge up in "ease of doing business" rankings despite persistent problems
Economyhighlights that Greece retains one of the highest numbers of limitations (7) to freedom of contracts.... According to WEF’s report, Greece gained 12 places in the basic requirements (now at the 76th place), 2 places in efficiency enhancers (65th) and 7 places in innovation and sophistication (74th).
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Newsletter 13 - 30/01/2015
in 2010–12, when full year outflows ranged between 13 and 36 billion, the last month in each of those... billion. These figures correspond to 5–7 percent of the year-end 2014 balances of 160.29 billion. Banking... trend. The government is set to announce its policy programme on February 7–9 during the vote
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Opinion polls indicate fragmentation, close election race
PoliticsGreek Politicsat around 7 and 6 percent respectively 5) PASOK, which announced over the weekend that it will work... to be struggling to reach the levels of support it needs to return to Parliament 7) Anti-bailout Popular... with one other party – It is likely that at least three parties will be needed 12) The vast majority
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No time for Tsipras to celebrate as long list of tasks means pressure is on from start
EconomyProgramme. 7) Better target eligibility to halve heating oil subsidies in 2016 budget. 8) Permanently reduce... and benefit payment procedures across all funds. 7) Gradual harmonisation of the pension benefit... on September 12, top eurozone officials stated that the timely implementation of reforms
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Budget execution improves significantly in Oct, primary surplus reaches 4.53 bln
EconomyMacroeconomy, 502 million lower than target. For the 10-month period, primary expenditure decreased by 7 percent... million) 7) Consumption and non-allocated expenditure (at 48.1 percent of the annual target of 1.57... million. For the 10-month period, PIB revenues fell almost 12 percent to 3.1 billion, 208 million short
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