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  1. Current account lands on deficit of 673.4 mln in October, aggregate at deficit of 697.4 mln
    Photo via Flickr https://flic.kr/p/oDf3bQ

    EconomyMacroeconomy

    offset by a lower services surplus and a small rise in the deficit of the secondary income account... showed a surplus of 1.19 billion, marginally lower from the 1.21 billion posted in October last year.... The financial account posted a lower deficit in October at 303 million, from 492 million in October last

    5%

  2. Fifth post-MoU review concludes successfully, EC highlights public investment, NPLs as areas of concern

    EconomyProgramme

    lower than the target. The under-execution of the PIB is an ongoing concern, and the Commission notes... scenario, this leads to debt to GDP ratio of 100 percent in 2040, and a lower interest rates scenario... from fiscal calculations. The ultimate, more complicated and politically sensitive goal of lower

    5%

  3. GDP falls by 0.7 pct QoQ in Q4 and increases by 1.9 pct in 2019

    EconomyMacroeconomy

    percent, lower than the forecast of 4.1 percent. The figures showed that nominal GDP grew by 1.5... percent in 2019, lower than the MoF’s forecast of 8.8 percent. Exports As noted, exports of goods... point lower than the government’s estimate. The HCH anticipates that for each percentage point decrease

    5%

  4. April budget primary balance shows deficit of 1.52 bln as state revenues miss target by 7.5 pct

    EconomyMacroeconomy

    On a monthly basis, net revenues came to 3 billion euros, 1.19 billion euros lower than the monthly... lower than the monthly target. Broken down by category, the mpst significnant underperformance... the coronavirus pandemic. State budget total revenues stood at 15.43 billion euros, lower than the target

    5%

  5. PMI rises to 41.1 points in May but manufacturer pessimism persists
    Image via www.mytilineos.gr

    EconomyMacroeconomy

    poor, driving lower hirings. Expectations of a prolonged recovery and difficulties accessing credit... for the second month running in May, as demand for inputs decreased following lower new order inflows..., as expectations of lower production over the next year also partially drove workforce numbers down

    5%

  6. Covid-19 takes toll on budget as primary deficit widens to 4.80 bln in May
    Photo by MacroPolis

    EconomyMacroeconomy

    was 1.37 billion euros lower than the monthly target. MoF noted that this decrease was mainly due... came to 16.08 billion euros in the aggregate period, as mentioned, which is significantly lower... at 17.85 billion euros, lower than the target by 2.45 billion or 12.1 percent. The full revenue

    5%

  7. Newsletter 256 -03/07/2020

    Newsletters

    remained broadly stable at 43.6 percent, which is lower than would be expected for a banking sector.... New tax debt totalled 2.21 billion, lower than the figure for the same period last year by 16... and legacy debt, stands at 106.1 billion. New tax debt totalled 2.21 billion, lower than the figure

    5%

  8. Budget primary shows deficit of 5.86 bln in June, target shortfall widens to 6.18 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    basis, net revenues came to 3.20 billion euros which was 955 million euros lower than the monthly... in the aggregate period, as mentioned, 3.67 billion euros lower than the target of 22.90 billion... of the coronavirus pandemic. State budget total revenues stood at 21.37 billion euros, lower than

    5%

  9. Budget primary balance confirmed at deficit of 6.10 bln in June
    Photo by MacroPolis

    EconomyMacroeconomy

    On a monthly basis, net revenues came to 2.67 billion euros which was 1.19 billion euros lower than... budget total revenues stood at 21.26 billion euros, lower than the target by 3.50 billion or 14.1... billion euros lower or 13.3 percent. The MoF noted that when compared to the updated estimation

    5%

  10. Budget primary deficit of 7.46 bln confirmed for July as revenues sag
    Finance Ministry

    EconomyMacroeconomy

    . Revenues On a monthly basis, net revenues came to 4.82 billion euros which was 357 million euros lower... budget total revenues stood at 26.68 billion euros, which is 3.74 billion euros or 12.3 percent lower... by 3.62 million euros or 13.8 percent lower than the target. Tax refunds came to 2.84 billion euros

    5%