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General gov't primary cash surplus shrinks in first half of 2015 as state arrears grow
EconomyMacroeconomyThe general government (gg) primary cash surplus contracted by more than 1.6 billion euros to 238 million in the first half of 2015 from 1.85 billion last year, according the gg bulletin published by the Ministry of Finance (MoF) on Thursday. The breakdown of the four key gg entities displayed
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Greece and lenders appear close to third bailout deal, with few issues outstanding
EconomyProgrammeAfter lengthy meetings between the Greek Finance Minister Euclid Tsakalotos and Economy Minister Giorgos Stathakis with the quartet of Greece’s lenders in Athens over the weekend, there is an increased optimism that an agreement for a new 3-year bailout programme could be clinched by Tuesday. Media
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Agreement on third bailout with revised fiscal and macro targets, host of prior actions
EconomyProgrammeFollowing an all-night meeting with the quartet of Greece’s lenders, the Greek Finance Minister Euclid Tsakalotos and Economy Minister Giorgos Stathakis said on Tuesday morning that discussions had been successfully concluded, apart from a couple of details relating to prior actions remain
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This is the government's strategy on banks and NPLs as part of third bailout
Economybanks). That said the Finance Minister Euclid Tsakalotos recently stated that the government’s
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Greece commits to ambitious privatisation targets as part of new bailout
EconomyProgrammebillion for investments. The Finance Ministry has recently stated that the new fund would create
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Record revenue shortfall of 2.83 bln in July shrinks primary surplus outperformance
EconomyMacroeconomyGreece’s budget primary surplus significantly widened to 3.53 billion euros in the 7-month period of 2015 from 1.88 billion in the first half, according to the Finance Ministry (MoF) preliminary budget bulletin published on Thursday. This means that the primary surplus in July reached 1.65 billion
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Tsipras wins vote on 3rd bailout but loses more MPs, raising probability of snap polls
PoliticsGreek Politicsstrengthen the position of sceptical eurozone finance ministers, who favour granting Greece a second
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Have inflation "repay" Greek debt and growth reduce indebtedness
Agoraare not limited as regards future borrowings to finance investments.” Here is an extreme (and hypothetical
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Cash primary surplus for Jan-Jul close to 3 bln on improved revenues
EconomyMacroeconomybalance are calculated purely on a cash basis, while the respective items reported by the Finance
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SYRIZA rebels launch new group, promising more discomfort for Tsipras
PoliticsGreek Politicsnot include parliamentary speaker Zoe Konstantopoulou or former Finance Minister Yanis Varoufakis, who
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