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  1. State budget primary surplus widens to 2.28 bln at end of July after rise in revenues

    EconomyMacroeconomy

    Greece’s budget execution showed the primary surplus widening to 2.28 billion in the 7-month period from 707 million posted in the first half of the year, according to the preliminary data released by the Ministry of Finance (MoF) on Wednesday. The significantly improved fiscal performance in July

    2%
  2. The challenge in Greece: Funding an emerging economic recovery
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    as it is a legacy of the crisis. To what degree can Greece again use sovereign debt to finance investments

    2%
  3. Greek cash deficit to July narrows 78.3 pct to 1.72 bln

    EconomyMacroeconomy

    of Finance (MoF) in the budget execution bulletin are reported on a modified cash basis. Reconciling

    2%
  4. Increased revenues push Greek budget primary surplus up to 2.28 bln at end of July

    EconomyMacroeconomy

    Greece’s budget primary surplus widened to 2.28 billion euros in the 7-month period from 707 million posted in the first half of the year, according to the final budget execution bulletin released by the Ministry of Finance (MoF). Thursday’s data confirms preliminary figures published on August 13

    2%
  5. How Greek banks' capital needs could be reduced by 2.3 bln
    Photo by MacroPolis

    Economy

    Citing Ministry of Finance (MoF) sources, local media are reporting that the government is preparing a draft bill which will provide the legal framework for the conversion of Greek banks’ Deferred Tax Asset (DTA) into tax credit. According to the proposed amendment, Greek banks will have a capital

    2%
  6. Greek central government debt rises to 322.4 bln in Q2

    Economy

    Greece’s central government debt rose by almost 2 billion euros to 322.4 billion in Q2 2014 from 320.42 billion in the preceding quarter, according to the Finance Ministry debt bulletin published on Monday. The quarterly evolution reflects net redemptions of long-term bonds issued domestically

    2%
  7. Another 1 bln added in July to unpaid taxes in Greece, which total almost 68 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    billion euros set by the Ministry of Finance (MoF) was almost met since the actual figure stood

    2%
  8. Greek primary cash surplus widens to 3.2 bln in 7-month
    Photo by MacroPolis

    EconomyMacroeconomy

    The Greek general government (gg) primary cash surplus widened by 82.7 percent year on year (YoY) to 3.24 billion in the 7-month period of 2014 from 1.77 billion last year, according the gg bulletin released by the Ministry of Finance (MoF) today. The MoF figures also displayed that the gg cash

    2%
  9. Greek banks' Eurosystem funding declines by another 53 mln in August

    EconomyMacroeconomy

    March 2015. The latest figures provided by the Finance Ministry in early September showed that bank

    2%
  10. Greek primary budget surplus eases to 1.95 bln on back of lower revenues in Aug
    Photo by MacroPolis

    Economy

    Greece’s budget execution showed the primary surplus narrowing to 1.95 billion euros in the 8-month period from 2.28 billion in the 7-month, according to the preliminary data released by the Ministry of Finance (MoF). This implies a primary deficit of 328 million euros in August compared

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