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Greek health care spending in the spotlight
EconomyFeaturesgovernments increased subsidies for the system and pushed the country’s health care budget deficit to 50... billion euros for 2013 and 2 billion for 2014, with pharmaceutical companies required to contribute... as a result. That said, Greece continues to spend a high proportion of its total health care budget
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Primary cash surplus at 7.72 bln in March on strong underspend
EconomyMacroeconomy. The Public Investment Budget (PIB) balance surplus grew to 210 million from a very slight surplus of 1... million a year ago. The preliminary budget execution figures released by the Finance Ministry (MoF... to 9.45 billion euros, very slightly below target by 2 million euros. It should be noted, however
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Primary cash surplus up to 16.76 bln in Aug on improved revenues and cash buffer disbursement
EconomyMacroeconomymillion euros or just under 2 percent in August compared to the same month last year. Monthly... Budget (PIB) balance showed a deficit of 146 million euros in August, improving on the deficit... for the same time last year. The preliminary budget execution figures released by the Finance Ministry
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Privatisation revenues edge upward as end-of-year deadline looms
EconomyFeaturesin order to meet its privatisation target of around 2 billion euros in revenues across the full year. According to the final budget figures up to August that were released by the Ministry of Finance (MoF... of the year. The government's draft budget report lists a total of 13 privatisations due
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Newsletter 187 -14/12/2018
to the Finance Ministry’s (MoF) monthly gg bulletin. Overall, the state budget primary balance showed a rise... million euros while the stock of gg guarantees increased by 71 million to 15.60 billion. 2 Unemployment... projection in the budget sees the HICP rising by 0.8 percent in 2018. Q3 wages index up by 2.8 pct QoQ
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Newsletter 191 -25/01/2018
of the “social dividend” and the backpay that was given out, it is thought that the 2018 budget... wiggle room as budget revenues are seen at the same level as in 2018 even though the economy... euros for the same period last year. 2 Disposable income up 4.1 pct YoY in Q3 Final consumption grows
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EC spring forecast sees growth of 2.2 pct in 2019, 2020 but warns of hampered public investments
EconomyMacroeconomythat it is now expecting the country to grow by 2.2 percent this year compared to an estimation of 2... highlights is due in part to heavy underspending of the public investment budget. Overall, gross fixed... under spending of the public investment budget. The Commission noted that the general government
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Parties' competing tax pledges come up against challenging reality
EconomyFeaturesto rely on funding from elsewhere in the budget rather than redistributing the tax burden. SYRIZA... growth with business-friendly policies, but also plans to raise 2 billion euros from cost-cutting.... With questions already being asked about the capacity of the budget to fund the 3 billion euros’ worth
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Mitsotakis vows to push on with tax cuts despite fiscal concerns
PoliticsGreek Politicsto give the new government the space it needs to implement its programme. “The 2020 budget… will contain... that this would allow Greece to pay off its debt quicker. “You have different revenues if you grow with 2... the 2020 budget has to be sent to the European Commission and New Democracy will set out its four
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Tracing the decline of the middle class as parties vie for its votes
EconomyFeaturespercent annually compared to under 2 percent in Italy Ireland). And whereas in Ireland the loss... Parliament’s budget committee in 2017 that burdening the middle classes, the self-employed, honest... to repay middle earners for propping up the budget in past years. However, data-based arguments
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