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Strong tax performance and underspend push primary surplus up to 3.15 bln in May
EconomyMacroeconomyThe budget primary balance recorded a surplus of 3.15 billion euros in May, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday. Up to May, the primary... euros. The budget balance up to May showed a deficit of 580 million euros, from a 1.12-billion-euro
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VAT and income tax takings plus 721 mln underspend lead to 3.2 bln primary surplus in May
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 3.2 billion euros in May, compared... (MoF) budget execution data released on Tuesday. In May, the budget primary balance outperformed... to 19.88 billion euros. Net revenues came to 26.88 billion euros. The total budget balance for May
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Unemployment at 7.9 pct in May, lowest since Nov 2008
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate edged down to 7.9 percent in May, from 8.3 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. In May... percent unemployment rate in May 2008. Year-on-year, the number of employed people increased
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Unemployment slides to 8.1% in May as male and youth rates improve
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate edged down to 8.1 percent in May, from... on Wednesday. In May last year, the unemployment rate was 8.7 percent. The current levels are Greece’s... in July 2013. The series low is a 7.1 percent unemployment rate in May 2008. Year-on-year, the number
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Review set to resume in Athens as debt talks drag on
PoliticsGreek Politics, the fiscal gap for 2018 and a range of other minor issues. The aim is to conclude the SLA by May 1... the relevant measures through Parliament by mid-May, leaving enough time for a global agreement to be reached at the May 22 Eurogroup. However, for this comprehensive deal to be reached, the creditors
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Moments to remember from the euro crisis
Agorathe first eurozone country to seek a bailout in May 2010. The other had to do with a controversial..., leading The Economist to label him “intransigent” in May 2011 and accuse him of putting... they were tasked with protecting. “When we intervened to help Greece in May 2010, we intervened
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Newsletter 189 -11/01/2018
in with the theory that the prime minister could call national elections in May, just before or at the same time as the European Parliament and local votes, which are due on May 26. However, Tsipras repeated... for to avoid calling snap elections. To Potami MP Spyros Danellis is seen as another deputy that may
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Newsletter 256 -03/07/2020
the end of the lockdown in May, and 53 since the beginning of June, averaging at three per working day... position. Alpha Bank announced on Wednesday that it had entered into a binding agreement... in May. Compared to May 2019, the ESI has decreased by 15.1 points. The EU average ESI stood at 75.7
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Greece's relations with neighbours in Western Balkans becoming more complex
PoliticsForeign Policyon Wednesday, May 8. They will probably bring to power nationalist VMRO-DPMNE party. Its candidates... Skopje. Greece may send the right messages regarding the European hopes of its neighboring countries... with Albania Albanian Prime Minister Edi Rama's planned visit to Greece on May 12 has caused a stir
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First positive reading for building activity in 6 months after 1.2 pct rise in May
EconomyMacroeconomyThe number of building permits issued in Greece rose by a modest 1.2 percent in May, after... in May surface and volume was more pronounced at 10.2 percent. This is the first positive reading... in May, the 5-month figure of building permits showed a drop of 22.6 percent, slower than the 27.8
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