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Institutions back in Athens to resume review, agree new measures
EconomyProgrammescheduled for Tuesday and discussions will focus on the new privatisation and investment fund (10.30 am... of 24 percent by 1 percentage point. On the issue of the new privatisation and investment fund (HCAP... their tenure is four years. The key privatisation deliverables of the second programme review also include
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Budget primary surplus of 1.1 billion slightly outperforms target by 77 million in Q1
EconomyMacroeconomymostly due to privatisation revenues of 1.23 billion from the concession of regional airports which... of the mentioned privatisation recipt of 1.23 billion. The monthly primary balance showed a deficit... by 863 million as the gross revenue outperformance was more than offset by lower privatisation
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Athens and creditors get down to details in final stretch of review
EconomyProgrammethe two 2-hour meetings that focused on energy and the new privatisation and investment fund (HCAP... that only small differences remain and that they would be resolved by Friday. On the privatisation front...) that will be excluded from the privatisation plans and the control of SOEs that are under the umbrella of HCAP. Also
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Budget primary surplus hits 1.74 bln in 4-month, beating target on strong underspend
EconomyMacroeconomyprivatisation revenues and higher tax refunds meant that net revenues fell short of their target..., which is due on May 24. At the same time, privatisation proceeds stood at 956 million..., the gross revenue overperformance was more than offset by the lower than expected privatisation revenues
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Budget primary surplus of 1.73 bln outperforms target, tax revenues fall short in April
EconomyMacroeconomymillion, but lower privatisation revenues and higher tax refunds led to net revenues falling short... percent. Meanwhile, privatisation proceeds stood at 956 million from just 52 million a year ago... by the lower than expected privatisation revenues and the higher tax refunds. As a result, although net
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Budget primary surplus at 617 mln in June as expenditure continues to fall below target
EconomyMacroeconomytheir target by 76 million euros. Privatisation proceeds in the aggregate period came to 222 million, below their target by 5 million. For the same period last year, privatisation proceeds had reached 963 million. The MoF is targeting privatisation revenues over slightly over 1 billion euros for the whole
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Budget primary surplus confirmed at 635 mln in June on lower spending
EconomyMacroeconomyon 979 million. Privatisation proceeds in the aggregate period came to 222 million, below their target by 5 million. For the same period last year, privatisation proceeds had reached 963 million. The MoF is targeting privatisation revenues of slightly over 1 billion euros for the whole of 2018
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Budget surplus beats July target on lower investment spending as tax refunds fall short
EconomyMacroeconomyin the month. Tax refunds came to 2.33 billion, below the target by 333 million. Privatisation proceeds... last year, privatisation proceeds had reached 968 million. The MoF this year is targetting privatisation revenues of above 1 billion euros. Net budget revenues amounted to 26.09 billion euros, above
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Budget primary surplus at 3.14 bln in August as revenues grow and spending falls
EconomyMacroeconomymillion euros. Privatisation proceeds in the aggregate period came to 229 million, below their target by 23 million. For the same period last year, privatisation proceeds had reached 970 million. The MoF is targeting privatisation revenues over slightly over 1 billion euros for the whole of 2018
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Budget surplus confirmed at 3.16 billion in August
EconomyMacroeconomybillion. Direct taxes also rose by 12.7 percent and came to 1.82 billion. Privatisation proceeds..., privatisation proceeds had reached 970 million. The MoF is targeting privatisation revenues
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