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  1. Marked improvement for budget execution in Oct, primary surplus outperformance extended

    EconomyMacroeconomy

    Following a deteriorated fiscal performance in September, Greece’s budget primary balance showed a surplus of 1.45 billion euros in October from deficit of 726 million in September, Finance Ministry (MoF) preliminary budget figures showed on Friday. The October balance is the second highest monthly

    2%

  2. A third of young Greeks would consider emigrating to escape economic problems
    Photo by Harry van Versendaal

    Society

    money to buy consumer goods and only 4 percent to finance a vacation trip. “Perhaps it is Greeks

    2%

  3. Primary cash surplus widens by 1.8 bln to 4.84 bln by end of Oct

    EconomyMacroeconomy

    reported in the Finance Ministry (MoF) budget execution bulletin are calculated on a modified cash basis

    2%

  4. Deal with lenders buys coalition more time but not internal calm

    PoliticsGreek Politics

    slogan “No homes in the hands of bankers.” Finance Minister Euclid Tsakalotos has argued that the new

    2%

  5. Government tables 2016 budget, upgrades GDP forecasts but leaves fiscal estimates unchanged
    Photo by MacroPolis

    EconomyMacroeconomy

    The Finance Ministry (MoF) tabled the 2016 budget in Parliament on Friday. Parliamentary Speaker Nikos Voutsis said it will be discussed in the Economic Affairs Committee on November 25 for four sessions. The discussion in the plenary is scheduled to start on December 1 and the budget is due

    2%

  6. Central gov’t debt rises to 314.6 bln in Q3 on eurozone tranche and GGB redemptions

    Economy

    Greece’s central government debt rose by 1.75 billion quarter on quarter (QoQ) to 314.55 billion euros at the end of the third quarter (Q3) of 2015 from 312.8 billion at the end of Q2, the Finance Ministry (MoF) debt bulletin displayed on Monday. The change largely reflects a rise of 9.6 billion

    2%

  7. Coalition considers options for addressing pension system sustainability
    Photo by MacroPolis

    EconomyProgramme

    budget tabled in Parliament on November 20, the Finance Ministry presented interventions of 1.4

    2%

  8. Apartment prices fall at an accelerating pace of 6.1 pct in Q3

    EconomyMacroeconomy

    the Finance Ministry expects zero GDP growth in 2015.

    2%

  9. Budget execution improves significantly in Oct, primary surplus reaches 4.53 bln

    EconomyMacroeconomy

    Greece’s budget primary balance displayed a surplus of 1.46 billion euros in October from a deficit of 726 million in September, the Finance Ministry (MoF) final budget figures showed on Wednesday. The October figure is the second highest reading within 2015. Following the marked improvement

    2%

  10. Q3 GDP slips 0.9 pct QoQ on lower private consumption and investment

    EconomyMacroeconomy

    20, the Finance Ministry (MoF) tabled in Parliament the 2016 budget revising its previous estimates

    2%