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Privatisation of power transmission firm ADMIE a key challenge among prior actions
EconomyProgrammeEBITDA improved by 5.2 percent to 183 million with net profits showing a notable rise by 25 percent to 55.9 million. ADMIE’s cash stood at 118.3 million in 2014, net debt at 336 million, while
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Deposit flow remains negative for the second straight month with outflows of 390 mln in November
EconomyMacroeconomymonths resulting in net outflows of 60 million since August, when the government reached an agreement... households recorded net outflows of 530 million in November similar to those evident in the previous
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Receipts from taxes and social contributions rise to 39 pct in 2014, near EU average
Economypercent of total in Greece compared to 30 percent for the euro area and 32.1 percent for the EU. Net... on production and imports stand at 15.7 percent, taxes on income and wealth at 9.7 percent and net social
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Pension reform brings painful overhaul in social security contributions for self-employed
Economyto declared net income (revenues minus expenses) without any insurance grade or discrimination between old... calculation is based on the application of a 20 percent rate on net income for main pensions, 7.5 percent
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Primary cash surplus of 386 mln in Jan from deficit last year
EconomyMacroeconomypattern was also evident in the net balance of the central government, which posted a surplus... of 1.19 billion with net revenues rising by 4.7 percent to 3.65 billion, while expenditure fell 5.3
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Credit contraction edges up to 2.1 pct in Jan on deductions of 512 million
EconomyMacroeconomyGreek bank credit contraction slightly accelerated to 2.1 percent in January from 2 percent in December, Bank of Greece (BoG) figures displayed on Thursday. The net lending flow turned negative again.... The contraction in Greek bank credit remains unabated since January 2011 with cumulative net deductions of around
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Budget primary surplus surges to 3.04 billion, extending outperformance
EconomyMacroeconomyby more than 1 billion coupled with an increase in net revenues by 800 million. Compared to targets..., net revenues rose by 11.1 percent to 8.1 billion, 323 million better than target. Primary expenditure
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Greek stocks rise 2.4 pct, up for fourth straight week
Economynet losses of 1.24 billion euros in Q4 as it was largely burdened by a jump in loan provision... by higher operating expenses also including one-off items. Titan reported on Thursday Q4 net loss of 2.4
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Primary cash surplus quadruples to 2.09 bln in first two months of 2016
EconomyMacroeconomy(BoG) figures displayed on Wednesday. The net balance of the central government also posted a surplus... in the 2-month period with net revenues rising by 11.1 percent to 8.1 billion, while expenditure
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Greek stocks fall 3.1 pct over week, volumes soar on Friday due to FTSE reclassification
Economy. Corporate news Motor Oil posted on Friday afternoon net profit of 29.4 million in the fourth quarter... million last year. NBG reported on Tuesday net loss of 2.05 billion in the fourth-quarter (Q4
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