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Budget primary surplus at 3.02 bln in July, above target by 926 mln on strong underspend
EconomyMacroeconomyby 458 million, driven by lower than targeted tax revenues in other excise taxes (-9.8 percent... mainly from higher than expected indirect taxes which outperformed the target by 230 million. Direct... in the seven-month period, 376 million higher than the target. Overall, net revenues amounted to 26.25
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Greek banks meet NPE reduction targets in Q2, write-offs remain primary source of reduction
EconomyBankingbillion lower than the target of 103.4 billion. The NPE ratio stood at 50.6 percent in Q2, slightly higher than the anticipated level of 50 percent. This was driven by a lower than expected volume of total loans which translated into a higher than expected NPE ratio. The NPE coverage ratio edged down
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The flag of permanent defeat
Agoraa day longer than Antonis Samaras (951 days), almost 200 more days than George Papandreou (766... cannot give a convincing interpretation regarding what the last 2.5 years have been about. Rather than... government in the world could be condemned for being more focussed on holding on to power rather than
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Budget primary surplus at 3.55 bln in 8-month, below target on lower revenues, higher tax refunds
EconomyMacroeconomyof this year’s ENFIA property tax being set for September rather than August as initially planned... an underspend versus the target by 1.20 billion. The MoF said that the lower-than-expected expenditure... billion, 1.18 billion lower than the target. PIB PIB revenue stood at 125 million euros in August, 28
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Birth rate rises by 1.1 pct in 2016 but remains under 100,000
Societyplace within a marriage with less than 9 percent taking place outside of wedlock, indicating... than girls were born (47,882 versus 45,016) in line with naturally occurring trends in societies... marriage rather than a religious ceremony, with 52 percent of couples choosing the former over the latter
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Budget primary surplus at 4.5 bln in 9-month, below target on lower revenues, higher tax refunds
EconomyMacroeconomyrather than August as initially planned, plus higher tax refunds as mentioned above. Expenditure... an underspend versus the target by 1.62 billion. The MoF said that the lower-than-expected expenditure stemmed... lower than the target. PIB PIB revenue stood at 80 million euros in September, 119 million euros below
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Trust in Greek banking system shaky, survey suggests
EconomyBankingabout these resources being channelled into the shadow economy rather than the real economy, where... of Greek banks, their only source of liquidity as they bled more than 40 billion euros in deposits... transfers or cash withdrawals. This pushed banknotes in circulation to more than 50 billion euros in July
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Overdue social security debt reaches 30.5 bln in Q3 on consolidation of debtors
EconomyMacroeconomy, with an increase of more than 385,000 quarter-on-quarter (QoQ). It is noted that the incorporation... shows that nearly three quarters of debtors owe less than 15,000 euros each for an aggregate amount..., an increase of more than 230,000 from the previous quarter. Around 11.3 percent of debtors owe
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Array of centre-left leadership candidates edge towards watershed vote
PoliticsGreek Politicsfocussed on personalities and procedures rather than on issues and policy agendas. Nine candidates... to emphasise the party’s historical character rather than articulate her own distinctive political... to be the key factor shaping the new political entity, procedures matter to a greater extent than they would
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PASOK emerges victorious from first round of centre-left leadership vote
PoliticsGreek Politicsformer PASOK ministers, gained less than 10 percent combined. The result means that Gennimata.... Theodorakis had stated during the campaign that anything less than 200,000 would be a failure. The fact... 2015 and substantially lower (334,752) than those who cast ballots in the second round in January
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