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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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Primary cash surplus widens to 2.85 bln in Q1
EconomyMacroeconomyGreece’s central government primary cash balance improved to 2.85 billion euros in the first quarter (Q1) of 2016 from 1.19 billion last year, Bank of Greece (BoG) figures showed on Wednesday. In March, the primary cash surplus widened by 11.1 percent to 763 million from 687 million
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Budget primary surplus at 4.66 bln in 11-month as expenditure falls, revenues rise
EconomyMacroeconomyof 763 million euros, landing above target by 1.58 billion euros. Revenues Gross revenues edged down
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PMI drops to 48.4 in May, new orders down at sharpest pace in 8 months
EconomyMacroeconomyat the fastest pace since last August mainly driven by a rise in raw material prices, largely steel and plastics. Another finding of the survey was the deterioration of vendor performance for the 18th
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The republic without a government
Agorastation during New Year’s Eve in Cologne in 2015/16 remains a very raw and painful memory... is a characterisation that more aptly applies to the negotiators tasked with finding a new government
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Newsletter 334 - 08/04/2022
and raw materials were pricier. Now energy costs are a major contributor to lower profitability... on the first 300 KWh/month, the government is finding that its efforts to mitigate the high price
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PMI at 50.3 in Sept after falling for six straight months, posting weakest reading in a year
EconomyMacroeconomythe 20-month high of July. Input costs hikes were driven by energy, transportation and raw material costs... were in part due to lower new orders, some companies noted challenges finding skilled staff to replace
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Newsletter 279 -13/11/2020
largely to higher raw material costs, especially steel, and greater transportation fees. Despite rising... an enhanced PR system, which has already been voted, and would award the winning party an extra 40 seats
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