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Budget primary surplus at 1.51 bln end-May, revenues fall short by 978 mln
EconomyMacroeconomythan double compared to last year’s 707 million, according to the Finance Ministry (MoF) final...) and higher Public Investment Budget (PIB) balance (by 1.11 billion) more than offsetting a revenue gap... million reflecting lower than expected revenues partly counterbalance by further restrained primary
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A closer look at the composition of Greece's bad loans
EconomyBankingpercent a year ago. However, the ratio of performing exposures, which are past due less than 90 days, over... respectively. The report revealed that two-thirds of NPEs that are past due more than 90 days (excluding denounced loans) were non-performing for more than one year. For housing loans in particular
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Who pays property tax and how much revealed by Greek authorities
EconomyMacroeconomypercent lower than last year’s figure of 3.25 billion. It should be pointed out that the Finance... billion, implying a collectability rate of more than 83 percent. The bulk (more than 85 percent... tax burden on 2016 was shifted towards large properties. GSPR data showed that more than one-third
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Trade after Brexit: How Greece and the EU will be affected
Agoraof 1999-2015, accounting for more than 51% of UK's total global trade. To paint the picture, the USA... to the UK more than importing from it - the EU should display some urgency in trying to strike... belong to this group. The members of this second group would be more affected than the countries
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Tax revenue overperformance leads budget primary surplus to 4.44 bln in 2016
EconomyMacroeconomyfigures published a week ago had displayed a primary surplus of 4.39 billion, 45 million lower than... narrowed by more than two thirds from last year and landed at 1.14 billion euros in 2016, 2.48 billion better than target. Revenues Revenues (before tax refunds) edged down 1.5 percent in December
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No late rally for Tsipras
Agora. Rather than a barnstorming performance to round off a bitterly-fought contest, Tsipras delivered a rather... was delivered, also later than scheduled. It was another huge disappointment for SYRIZA voters. The ruling party went into Sunday hoping to get more than 25 percent of the vote, aiming to limit New Democracy
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Newsletter 217 -02/08/2019
, “not a single euro of relief has been applied to properties worth less than 60,000 euros.” In his... for those on lower incomes and the middle class.” He said that those owning properties worth more than 1 million euros are less than 15,000 of 7.3 million taxpayers in total and that their tax relief
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Greece takes first round against Covid-19 but fight continues
Agorathis initial success are probably more complex than these narratives imply and will only..., Greece spends a third less on healthcare than it did prior to the financial crisis. Public spending... of nursing staff relative to population in the EU, with 344 per 100,000 people, less than half
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Newsletter 257 -07/07/2020
with the corresponding amounts. Rather than silencing the critics, however, the information has opened up a fresh round... government-friendly media outlets with a small readership received larger sums than independent or opposition-friendly media with a bigger audience reach. Some analysts also pointed out that less than
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Many obstacles to clear in Greece's digital leap
EconomyFeaturesto the Bank of Greece, the country’s ICT sector currently accounts for just 1.9 pct of GDP – less than... skilled ICT workers, which in 2020 comprise less than half the fraction of the workforce in Greece... produces fewer ICT graduates than the EU average (a DESI score of 9.78 compared to the EU average score
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