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Greek primary cash surplus more than doubles to 2.45 bln at end of August
EconomyMacroeconomyThe Greek general government (gg) primary cash surplus more than doubled year on year (YoY) reaching 2.45 billion euros in the 8-month period of 2014 from 1.17 billion last year, according the gg... in the corresponding period last year. All gg sub-sectors continued showing a primary cash surplus in the 8-month
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Newsletter 3 - 14/11/2014
people. He has staked his hopes for an exit from the bailout by the end of this year as he believes..., but this would also be toxic for Samaras given his pledge that the bailout would end this year. This, however... increases the potential revenue for the state. The government had reportedly estimated next year’s
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Central gov't cash surplus rises to €3 bln in October despite drop in revenues
EconomyMacroeconomyin the 10-month period from deficit of 3.42 billion last year, according to the Bank of Greece (BoG). This implies a fiscal consolidation of more than 6.4 billion year on year (YoY). Particularly for October, the primary cash surplus reached 247 million from deficit of 99 million last year. The improvement
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Newsletter 5 - 28/11/2014
should be adopted to meet the primary surplus target of three percent of GDP next year. Both Deputy... of the current bailout programme with the EU, which officially expires at the end of the year, may be needed... in Greece next year. In September, the government envisaged terminating the IMF programme at the same time
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Greek budget primary surplus up to 3.53 bln at end of November despite revenue shortfall
EconomyMacroeconomy) preliminary budget bulletin. As a result, the year to date figure exceeded its target by 658 million euros compared to an underperformance of 880 million in the first 10 months of the year... revenue shortfall (by 975 million). Compared to last year’s figures, the primary surplus grew by 27.2
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Greek primary cash surplus up to 2.61 bln at end of November
EconomyMacroeconomyin the 11-month period from deficit of 4 billion in the same period last year, according to the Bank of Greece (BoG). This corresponds to a fiscal adjustment of more than 6.6 billion euros year on year (YoY). In November, the primary cash deficit reached 274 million euros, some 500 million lower than last year
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Almost 50 pct rise for new unpaid taxes in 2014 as overall total rises to 73.8 bln
EconomyMacroeconomy, unpaid tax obligations stayed above the 1-billion mark for the seventh straight month. The year..., which implies an average monthly increase of 1.15 billion. The full year figure stands 48.4 percent... and by 11.24 billion year on year. GSIS figures also displayed the final data on the performance
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Greek primary surplus shrinks by 1.7 bln in Dec as revenues miss 2014 target by 3.1 bln
Economyending the year at 1.87 billion from 3.57 billion in the 11-month period, according to the Finance... Investment Budget (PIB) expenditure (up 1.6 billion MoM). The final figures for the whole year show tthat... by 15.4 percent in December ending the year up 2 percent to 20.46 billion, 932 million short of target
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Greek Q4 GDP QoQ drop revised to 0.4 pct, 2014 growth at 0.7 pct
EconomyMacroeconomyin the last quarter of 2014 and may also continue in the course of Q1 this year. Following the data revision, the growth of SA GDP year on year (YoY) slightly decelerated to 1.3 percent in Q4 from 1.5... in Q4 2010. For the whole year, SA GDP at current prices fell 1.9 percent to 178.7 billion euros
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General gov't primary surplus halves in Q1, arrears and guarantees jump
EconomyMacroeconomyquarter (Q1) of 2015 from 2.45 billion last year, according the gg bulletin published by the Ministry... cash surplus almost doubled year on year (YoY) to 1.64 billion in Q1 from 845 million in the corresponding period last year. This improvement fully reflects the fiscal performance in March fully
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