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  1. Glimmer of hope for efforts to negotiate over tax-free threshold, but not primary surplus
    Photo by MacroPolis

    EconomyProgramme

    and earning 9,100 euros a year pay 730 euros in income tax in 2020 compared to nothing this year... in the minimum wage this year. As a result, both SYRIZA and New Democracy have indicated that if they are in power after the general elections later this year, they will try to convince

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  2. Primary surplus confirmed at 1.44 mln in Mar
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    in the aggregate period last year. For the current three-month period, the budget balance beat its... to 4.48 billion compared to 3.54 billion a year ago, beating the monthly target by 1.01 billion euros..., higher than their target by 54 million euros. Compared to the same period last year, the three-month

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  3. Could Greece's immigration reforms have an impact on upcoming elections?
    Photo by Panayiotis Tzamaros/Fosphotos

    Society

    elections coming in May and national elections sometime before the end of the year, issues that touch... citizenship applications. Earlier last year, Giorgos Tsaousis, an immigration lawyer and migration... in by his government which allows anyone, with any kind of paper, even a letter, to apply for a three-year

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  4. Athens warned about missing fiscal targets rather than changing them unilaterally
    Klaus Regling

    EconomyProgramme

    Klaus Regling that Greece may miss its primary surplus target this year as a result of the so-called... on part of its cash buffer constitutes a unilateral breach of the agreement it reached last year... the lenders that the expansionary measures adopted by the Greek government may lead to this year’s

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  5. Economic sentiment shows slight rise to 100.8 in May

    EconomyMacroeconomy

    the 100-point mark. Barring January’s reading of 99.6, the index has remained above 100 points in the year so... points month-on-month and came to -29.5 in May, marking the best reading since January this year...-on-month to stand and -0.2, the best reading since September 2018. Year-on-year, industry

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  6. Budget primary surplus at 918 mln in May, expenditures rise as 13th pension payment takes effect

    EconomyMacroeconomy

    deficit showed a decline of 42.4 percent. The budget balance in the first five months of the year... in the aggregate period last year. For the current aggregate period, the budget balance beat its target by 2.29... billion euros compared to 2.44 billion a year ago, exceeding the target by 1.30 billion euros. Monthly

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  7. Primary cash balance at surplus of 438 mln in May
    Photo by MacroPolis

    EconomyMacroeconomy

    in the first five months of the year according to figures released by the Bank of Greece (BoG). The cash balance for the same time last year, excluding the financing of the cash buffer, showed a surplus of 737.... The aggregate figure for the first five months of the year showed that revenues edged up by 42 million

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  8. Budget primary surplus confirmed at 916 mln in May on higher expenditure
    Photo by MacroPolis

    EconomyMacroeconomy

    deficit showed a decline of 42.2 percent. The budget balance in the first five months of the year recorded... in the aggregate period last year. For the current aggregate period, the budget balance beat its target by 2.29... euros compared to 2.44 billion a year ago, exceeding the target by 1.30 billion euros. Monthly gross

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  9. Consumer confidence at highest since January, economic sentiment stable
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    points in the year so far. Compared to June 2018, the ESI has fallen by 1.1 points. Consumer... January this year when the reading came to -28.3 points. Compared to June 2018, consumer confidence... points month-on-month to stand at -0.6. Year-on-year, industry confidence has improved by 1 point

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  10. Primary cash balance at deficit of 24 mln in Jun
    Photo by MacroPolis

    EconomyMacroeconomy

    in the first six months of the year according to figures released by the Bank of Greece (BoG). The cash balance for the same time last year, excluding the financing of the cash buffer, showed a surplus of 1.11.... The aggregate figure for the first six months of the year showed that revenues fell by 1.02 billion euros

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