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  1. Budget primary surplus confirmed at 381 mln in June
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    revenues came to 25.48 billion euros, higher than the target by 2.12 billion euros or 9.1 percent...). Tax refunds came to 2.03 billion euros in the aggregate period, higher than their target by 174..., beating their target by 1.94 billion euros, and standing 7.1 percent higher than for the same time last

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  2. Falling T-bill yields underline market confidence in Greek debt, promise lower servicing costs
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    Management Agency (PDMA) auctioned 625 million euros and was offered more than 1.5 billion, including 221... for the 52-week T-bills, which closed 2018 with a yield of more than 1 percent, to drop under 0.5 percent in the latest auction held in the middle of June this year. June’s issue was covered more than two

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  3. PBO highlights budget, recovery risks in latest report
    Photo by MacroPolis

    EconomyMacroeconomy

    is 2.1 billion euros lower than during the same period last year. The PBO notes that although part... tax by 205 million euros more than had been legislated by the previous government will add... reaching 31.8 percent, which is 3 percentage points lower than the previous figure and even more

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  4. Unemployment falls to 17.2 pct, stays below 18 pct for second month
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    firings than hirings. Compared to the same month last year, there were 6,081 fewer hirings than firings... 281,775 more hirings than departures. Ergani noted that the balance for the first seven months

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  5. BoG awaits go-ahead from DG Comp over NPL scheme
    Photo by MacroPolis

    EconomyBanking

    sooner than BoG’s plan. DG Comp in Brussels has been examining the HFSF plan because the bid... to more than 9 percent of the principal portfolio amount and is capital accretive to NBG (based on Q1... dropped to 81.8 billion euros, falling by more than 13 percent, or 12.6 billion, from the 94.4 billion

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  6. Budget primary surplus confirmed at 1.76 mln in July as revenues overtake expenditure
    Photo by MacroPolis

    EconomyMacroeconomy

    million euros. On an aggregate basis, gross revenues came to 31.10 billion euros, higher than... refunds came to 2.51 billion euros in the aggregate period, higher than their target by 253 million..., beating their target by 2.13 billion euros, and standing 6.3 percent higher than for the same time

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  7. Unemployment edges down again in June, falling to 17 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    the Labour Ministry’s Ergani database for July showed that there were 14,691 more firings than hirings. Compared to the same month last year, there were 6,081 fewer hirings than firings in July 2019. The data... departures. In the aggregate period, the employment balance showed 281,775 more hirings than departures

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  8. Newsletter 219 -13/09/2019

    Newsletters

    not been previously announced, some of which will apply in the coming years rather than being included... 8,500 euros, and the income tax rate for those earning less than 10,000 euros come down from 22 to 9... billion, lower than the figure for the same period last year by 17.7 percent. In June the total stood

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  9. Growing Greece: From narrative to reality
    Photo by MacroPolis

    Agora

    investment and get the Greek economy growing at a faster rate than has been predicted so far. The three areas.... They are working from a much sounder base than Greece has had for many years, they are making efforts..., including a more benign international environment than the current one, a growth rate of 3 percent could

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  10. September employment balance stays positive by 2,651
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    The employment balance stayed positive in September with 2,651 more hirings than firings, data from... hirings than firings. This was followed by those aged 45-64 with a positive balance of 4,499, and those..., the employment balance showed 287,537 more hirings than departures. Ergani noted that the balance for the first

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