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Marked improvement for budget execution in Oct, primary surplus outperformance extended
EconomyMacroeconomysurplus of 4.52 billion euros up by more than 70 percent compared to last year’s figure. At the same... in the 9-month period. The year to date over-performance is largely attributed to lower primary... led the 10-month budget deficit to 808 million euros, two-thirds lower than last year’s figure
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Budget execution improves significantly in Oct, primary surplus reaches 4.53 bln
EconomyMacroeconomy, up by almost 71 percent compared to last year’s figure. In addition, the year to date balance... million, two-thirds lower than last year’s figure of 2.45 billion euros, and 2.09 billion better than... reading in the course of the year and largely reflects the payment of the first installment
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Primary cash surplus notably widens by 1.9 bln to 4.48 bln by November
EconomyMacroeconomyin the 11-month period of 2015 from 2.6 billion in the corresponding period last year, Bank of Greece... of 451 million to the ESM last year as well as bank fees of 556 million this year, we get a lower improvement to 3.9 billion in the 11-month period this year from 2.76 billion last year. The monthly
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Newsletter 56 - 18/12/2015
New Democracy from July to November this year, seems more in tune with moderate conservatives who... during his leadership between 2009 and July this year. As a result, he seems less inclined..., was nominated by the government earlier this year. Also, former education minister Evripidis
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Greece stands on fault line between vicious and virtuous cycles for 2016
Agoradisbursements. Tsipras is fully compliant with the implementation of measures that this time last year he... the largest IMF installment of the year at 876 million, which leads to a total figure of IMF obligations in the first quarter of close to 1.5 billion euros. Next year’s interest bill is highest in February
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Newsletter 60 - 29/01/2016
negotiations with lenders on potential additional measures for meeting this year’s fiscal target of 0.5... rose at an accelerating pace by 1.65 billion in December to reach a total of 13.5 billion for the year. Thus, despite the recorded over-performance last year, 2016 is expected to be another challenging
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Newsletter 64 - 26/02/2016
of the year, more than 110,000 refugees and migrants Almost 110,000 migrants have entered Greece from Turkey since January 1, compared to 4,500 in the same period last year. have arrived by sea... and protests Bank of Greece foresees slight recovery later this year Prime Minister Alexis Tsipras met
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Greek banks: Taking stock of a rough 2015 and looking at what lies ahead
Agorafor the whole of 2015 eased 2.2 percent year on year (YoY). This is largely attributed to a sharp... annual financial statement that last year it received 914.6 million euros from Greek banks in interest...-year figure points to a 3.9 percent drop. Most banks guided for a double-digit rebound in commission
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Greek stocks advance 2.6 pct for second straight week on improved investor sentiment
Economylevel since March 16. Although Greek stocks jumped 11.7 percent in March, their year to date losses... reflecting a low base effect. Since the beginning of the year, they have lost one fourth of their market... year. Margin Investment Group (MIG) showed profit at the EBIT level for the first time since 2009
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Budget primary surplus confirmed at 2.5 bln in H1 2016, tax revenues soar in June
EconomyMacroeconomy1.88 billion a year ago, corresponding to a notable improvement of almost 31 percent, the Finance... figures were released on July 19. The primary balance for the first six months of this year beat... a primary surplus of 185 million euros, which is less than compared to last year, on sharp drop in Public
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