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Budget primary shows deficit of 7.01 bln in September
EconomyMacroeconomyin the aggregate period, as mentioned, 4.72 billion euros lower than the target of 38.22 billion euros... billion euros, lower than the target by 4.01 billion or 9.6 percent. On an aggregate basis, tax revenues... for the aggregate period was higher than the same period last year by 6.12 billion, due to the PIB which showed
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New bid to curb Covid-19 raises demand for more economic support
PoliticsGreek Politicsafter the number of daily cases more than doubled this week, comfortably surpassing the 1,000-mark. Some experts predict that the daily total could reach more than 3,000 next week. The pressure... of citizens along the Thessaloniki promenade resulted in more than 7 percent testing positive for the virus
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Greece to enter second lockdown as govt faces criticism over 'total failure'
PoliticsGreek Politicsin a televised address on Thursday. Mitsotakis said he “would rather take these measures sooner than later... on pandemic measures in less than a week. On Saturday, a simplified two-tier system of regional... haphazard and driven more by political expediency than scientific guidance. The insistence
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Health system feeling strain of Covid-19 second wave
PoliticsGreek Politicshigher Covid numbers than Athens over recent days, just 25 pct of ICU beds for coronavirus sufferers... for more than the three weeks announced by Prime Minister Kyriakos Mitsotakis. He is under pressure... the second lockdown at their summer homes or villages rather than being stuck in the city. Officials
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Newsletter 274 -20/11/2020
to contain and turn back protestors, detaining more than 100 in the process, was used as proof... of Public Revenues (IAPR) has shown. New tax debt totalled 3.90 billion, lower than the figure...). An increase of less than 1 million was seen in BoG loans. Declines were seen in repos (-484.8
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Newsletter 276 -04/12/2020
points higher than assumed in November mostly due to the impact of fiscal and growth. Gross Financing... annually, higher than the 8 pct on average in the previous estimate. The OECD has also released its latest... than projected if support package execution rates improve substantially and if take-up of loans from
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Overdue social security contributions rise to 37.4 bln in Q3
EconomyMacroeconomysettled, were transferred to KEAO. Before then, KEAO was fed by overdue contributions of more than 5,000... that 80.1 percent of debtors owe less than 15,000 euros each for an aggregate amount of 4.50 billion... collection for 2017 came to 1.05 billion, higher than the amount for 2016 by 28.4 percent. For 2018
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Newsletter 277 -11/12/2020
borders than any European country. Mitsotakis blamed public laxity during the second lockdown... came to 1.3 percent for the year, lower than the average increase noted in 2018 which came to 7.6... by 1.04 bln month-on-month as debtors rise New tax debt totalled 4.94 billion, lower than the figure
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Structural considerations for a prosperous Greece
Agorahas higher fertility rates than other euro zone countries). Further afield, Africa is the world’s..., transparent, and flexible. This is excellent advice, but easier said than done. A danger exists.... And a smaller economy has consequences: look no further than fiscal deficits and public debt incurred
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PM dismisses possibility of snap elections, sets out vaccine flow
PoliticsGreek Politicsto be productive and efficient, and to hold this up as its standard, rather than its political beliefs... calling elections sooner rather than later (especially as it would make it easier to overcome... to have helped contain the virus, noting that the current epidemiological data is much better than
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