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Budget execution improves significantly in Oct, primary surplus reaches 4.53 bln
EconomyMacroeconomymillion, two-thirds lower than last year’s figure of 2.45 billion euros, and 2.09 billion better than... that amounted to 953 million euros more than double from last year and incorporate the ENFIA payment, while... reflects lower income tax (by 306 million) and VAT revenues (by 191 million) more than offsetting higher
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Newsletter 54 - 04/12/2015
jump in the tax burden than Greece between 2013 and 2014. The report also showed that Greece posted... is significantly lower than the OECD average of 11.5 percent. In contrast, revenues from social security... than the OECD average. As a result, Greece stands out from a large number of OECD countries
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Meimarakis and Mitsotakis make it into run-off vote for New Democracy leadership
PoliticsGreek Politicswas thought to have gained less than 45 percent and Mitsotakis more than 30 percent, which would leave... chances of staging a second surprise. Opinion polls had indicated that Tzitzikostas, rather than... to vote for a 3-euro fee) led to some 400,000 people casting ballots, which was much more than had been
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2015 primary surplus exceeds target as revenues outperform and expenditure is reined in
Economyto an over-performance of 1.13 billion. Primary expenditure was 626 million better than target, while.... For the whole year, primary expenditure eased 1.5 percent to 41.3 billion, 626 million better than target... was kept broadly stable (-0.2 percent) to 48.55 billion for 2015, 719 million better than target. PIB
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Budget primary surplus jumps to 1.19 bln in Jan, largely on rising PIB revenues
EconomyMacroeconomyyear and 876 million better than the target. Revenues Revenues (before tax refunds) grew by 2.3... in January, 86 million better than the target and mitigated the underperformance of tax revenues. Meanwhile, tax refunds declined by 16.9 percent to 296 million, 50 million lower than target
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Healthy eating and smoking on decline in Greece over last five years
SocietyGreeks ate vegetables and fruit, smoked cigarettes and drank less frequently in 2014 than five... was greater for men (14.6 percent) than women (6.1 percent). In comparison with the 2009 results... smoke occasionally over the same period. Men were much more likely to smoke (39 percent) than women
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Newsletter 75 - 27/05/2016
of no more than 1.5 percent of GDP, compared to the 3.5 percent envisaged in the third eurozone bailout... a high of 220.43 billion at the end of December and currently make up more than 68 percent of central... pretty simple: look no further than German Finance Minister Wolfgang Schaeuble. Even when it appeared
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Potential changes to constitution and electoral law move onto main agenda
PoliticsGreek Politicsabout the government’s ideas on the constitutional review rather than the adjustment programme, which... has discussed publicly is for the Greek president to be elected by voters rather than Parliament... more than six MPs. He said he is also looking at allowing Greeks to vote from the age of 17, rather
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Five-month budget primary surplus of 2.27 bln, revenues outperform in May
EconomyMacroeconomyby more than 50 percent from last year’s figure of 1.51 billion, the Finance Ministry (MoF) preliminary... billion less than the target, while revenues (before tax refunds) beat the target by 879 million... percent in April, to 3.17 billion euros, 240 million lower than target. For the 4-month period, primary
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Net job hirings hit 33,608 in June, highest since 2001
EconomyMacroeconomysince June 2001 and more than double the previous high of 16,017 in 2003. The employment breakdown..., with the bulk of more than 126,700 related to lay-offs and the remaining of 79,260 to voluntary departures. Less than half (around 44 percent) of June hirings involve full-time employment, compared to more
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