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Rising bond yields a concern, but not an immediate fiscal problem
Economyand a yield of 1.83 pct, doubling last year’s inaugural 10-year bond. The PDMA saw a window... the high stock of Greek debt, which reached 350 billion euros and exceeded 200 pct of GDP in 2021 after
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Newsletter 370 - 17/02/2023
pensioners whose retirement pay did not increase in January, or who saw minor rises, because of the carry over of the so-called personal difference will be eligible for an one-off benefit of 200 to 300
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All eyes on PM's choice for next president at start of New Year
PoliticsGreek Politicsthe nominee has to secure 200 votes or more out of the 300. This is then followed by a second round, before... New Democracy party saw some of its support ebb away in 2024, while the fortunes of its most immediate
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Moody's upgrading Greece to investment grade puts an end to painful 15-year cycle
Economy. Following Moody’s upgrade, Greece closes a painful 15-year cycle that at the start of 2012 saw the country downgraded to selective default due to its massive 200 billion euros debt restructuring that haircut
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State arrears to Nov fell to 5.86 bln but 1.96 bln of new debts created in 2013
EconomyMacroeconomyand hospitals with their outstanding balances down by 1.33 billion and 807 million respectively so far
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Tax chief's departure brings coalition revenue plans under scrutiny
PoliticsGreek Politicseuros. #Greece new unpaid taxes at €763 mln in Apr (from €1.21 bln in Mar) & at €4.33 bln year
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Budget execution shows primary surplus of 711 mln, 503 mln ahead of target
EconomyMacroeconomyperiod. This implies an average figure exceeding 1 billion per month. Although the April figure of 763
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Unpaid taxes keep rising, tax audits short of targets
EconomyMacroeconomyGreece’s unpaid taxes rose by 873 million in May at a slightly accelerating pace compared to the 763 million recorded in April, according to data provided by the General Secretariat of Information Systems. Following May’s performance, the year to date figure of new unpaid tax obligations stands
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Unpaid taxes rose by 1 bln a month in H1 2014, collection targets missed
EconomyMacroeconomyThe rate of increase in Greece’s unpaid taxes accelerated to 1.03 billion euros in June from 873 million in May and 763 million in April, according to data provided by the General Secretariat of Information Systems, which also revealed that most tax collection targets are being missed. The June
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General government primary cash surplus narrows to 2.48 bln, arrears almost stable in Sept
EconomyMacroeconomya modest rise by 52 million in the 9-month period to 807 million accounting for around 14 percent of total
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