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Budget primary surplus at 918 mln in May, expenditures rise as 13th pension payment takes effect
EconomyMacroeconomy, compared to a surplus of 853 million noted in May 2018, the Finance Ministry (MoF) preliminary..., beating the aggregate target by 2.55 billion euros. The monthly primary balance for May came... to May 2018 when the figure stood at a deficit of 947 million euros, the monthly primary balance’s
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New tax debt at 2.53 bln to May, up by 96 mln month-on-month
EconomyMacroeconomyThe month-on-month rise in Greece's new tax debt came to 96 million euros in May, data from... month-on-month in May, bringing the total to 2.37 billion euros compared to 2.29 billion in April. The VAT collectability rate came to 94.3 percent in May, showing 254.6 million collected out of 269.9
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Vehicle registrations up by 21.3 pct in May, led by cars
EconomyMacroeconomy-on-year (YoY) in May, picking up pace from the rise of 1.9 percent in April, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. In May 2021, the year-on-year change was 57.2 percent, compared to May 2020 when Greece was only gradually finding its footing from the first lockdown
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Consumer confidence takes off in May as rest of sectors deliver mixed data
EconomyMacroeconomyGreece’s economic sentiment (ESI) recorded a minor drop of 0.6 points in May, falling to 108.1... suffered during the pandemic. The index hit its most recent low in May 2020 following the Covid outbreak, dropping to 84.4. Over the rolling 12-month period, the ESI in May was almost 4 points over
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Hotel and catering jobs propel May hiring balance to new record
EconomyMacroeconomyGreece’s employment balance had another solid month in May, with 126,660 more hires than departures, according to data from the Labour Ministry’s Ergani information system. The hiring balance in May last year saw 95,951 more hires, a strong year-on-year improvement of 31,069 jobs. May’s balance
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The World Cup, Argentina and Europe’s quest for moral clarity
Agorateam was treated abysmally; Somali referee Omar Artan was left without support when US authorities
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Greek May CPI falls 2 pct in one of biggest drops for more than a year
EconomyMacroeconomy) fell 2 percent in May, which was a faster pace compared to the preceding months. May's figures mean... in the first ten days of May. A similar pattern was also evident in November, when CPI slipped 1.4 percent.... The 2 percent decrease of the CPI in May is largely due to a drop in prices of three sectors
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In third straight month of decline, industrial turnover falls 4.9 pct in May
EconomyMacroeconomyby 4.9 percent in May from a revised -10.5 percent in April, according to the Hellenic Statistical Authority (ELSTAT). The May performance indicates the ninth negative reading in the past 17 months, while... a decline of 5.5 percent over the trailing 12 months. Manufacturing turnover fell 5.6 percent in May
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Greece sees tourist arrivals rise 12.6 pct in May but spending fall 10.6 pct
EconomyThe rate of increase in Greece's travel receipts significantly decelerated to 0.8 percent in May... to receipts of 1.07 billion euros. Travel payments, meanwhile, fell 11 percent in May to 173 million. As a result, the travel surplus improved by a modest 3.4 percent in May, rising to 898 million
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Greek trade deficit plunges by 24.2 pct in May
EconomyMacroeconomyAfter rising in the preceding two months, Greece’s trade deficit plunged 24.2 percent in May... billion in May, which is the second lowest reading so far in 2015. The sharp drop in May trade... in May, which indicates the second highest reading year to date. The drop in imports also follows
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