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  1. Almost 50 pct rise for new unpaid taxes in 2014 as overall total rises to 73.8 bln
    Photo by MacroPolis

    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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  2. Greek primary surplus shrinks by 1.7 bln in Dec as revenues miss 2014 target by 3.1 bln

    Economy

    ending 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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  3. Greek Q4 GDP QoQ drop revised to 0.4 pct, 2014 growth at 0.7 pct

    EconomyMacroeconomy

    in 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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  4. General gov't primary surplus halves in Q1, arrears and guarantees jump

    EconomyMacroeconomy

    quarter (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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  5. Greek DSA: Don't Say Anything about the debt
    Photo by MacroPolis

    Agora

    of the review that was completed around this time last year and the last disbursements that Greece has.... There is a forecast for high privatization proceeds that exceed 1 percent of GDP each year until 2020, peaking at 1.7... agreed with Greece's lenders, like the lower target of primary surpluses starting from this year

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  6. Sharp drop in gg primary surplus by end-April, arrears keep rising
    Photo by MacroPolis

    EconomyMacroeconomy

    euros in the 4-month period of 2015 from 1.6 billion in the corresponding period last year, according... gg entities continued to display mixed trends for this year. The budget primary cash surplus soared by almost 1.3 billion euros to 1.59 billion, from just 299 million last year and also reflects a low

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  7. Signifcant underspend covers revenue shortfall for budget primary surplus to August

    EconomyMacroeconomy

    from 1.95 billion last year, the Finance Ministry (MoF) final budget data displayed on Thursday..., the actual figure indicates an outperformance of 535 million so far this year. This is attributed... percent reaching 1.1 billion in the 8-month period from 2.85 billion last year. Revenues Revenues

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  8. Newsletter 43 - 18/09/2015

    Newsletters

    of the year. Since the ECB is expected to announce the banks’ capital needs in the second half... of 26.6 percent year-on-year. This reflects a rise in the number of employed by 2.4 percent to 3.63 million coupled with a drop in the jobless figure by 7.8 percent to 1.18 million. Year-on-year

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  9. Newsletter 47 - 16/10/2015

    Newsletters

    are hopeful that this year’s recession will be milder than the country’s lenders expect. In a positive surprise, Greek GDP rose by 0.9 percent quarter on quarter (QoQ) and 1.6 percent year on year (YoY... statements they expect a softer GDP contraction of between 1.5 to 2 percent this year

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  10. General government primary cash surplus narrows to 2.48 bln, arrears almost stable in Sept

    EconomyMacroeconomy

    in the 9-month period of 2015 from 3.412 billion last year, the Finance Ministry (MoF) gg bulletin displayed... billion in the corresponding period last year. In absolute terms, the biggest drop was recorded... (SSFs) turned last year’s primary cash surplus of 117 million to a deficit of 204 million this year

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