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General govt primary cash surplus falls to 2.63 bln in six-month, arrears rise to 5.13 bln
EconomyMacroeconomyfor the same period last year. The primary surplus of the state budget also declined by 1.32 billion... million). Arrears to the state budget remained neutral month-on-month. Since the beginning of the year... to hospitals (+104 million), extrabudgertary funds (+79 million), state budget arrears (+70 million
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Macron arrives in Athens, kindling government's hopes
PoliticsGreek Politicsand the creation of a sizeable eurozone budget. They are proposals that have Greece’s backing. The current... the mainstream parties in Greece seem enthused by the idea of creating a budget that will be large enough... Germany’s backing, Berlin sees the creation of a common budget in a very different way to what
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Newsletter 135 - 13/10/2017
is included in Greece’s draft budget. The IMF’s tax revenue projections also differ by about a third... jumped from 5.1 billion in June to 6.03 billion in August. In the draft budget tabled last week... the issuance of 70,000 pensions by year end. In the draft budget, the Finance Ministry outlines that up
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Tsakalotos stands ground on taxes, finalises social dividend plan
PoliticsGreek Politicsbudget to defend the government’s fiscal choices, which have often provided the opposition parties... the level of taxation. Houliarakis told Parliament’s budget committee that tax is to high... up by 300 million euros that were earmarked for health and education in the 2017 budget. Another 800
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Newsletter 142 -1/12/2017
expectations as new budget targets come into force The primary surplus beat its target by 2.58 billion euros, while expenditure came to 33.26 billion euros, 1.17 billion euros off target. The budget...) final budget execution bulletin showed. The primary surplus beat its target by 2.58 billion euros
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Fiscal obligations set out in sMoU, discussion on speeding up tax measures due in May
EconomyProgrammeand other spending to compensate on underspending on the social budget and reduce other payment... of GDP in savings as part of the 2018 budget. The sMoU leaves some space for recalibration... to rebalance the budget, according to the lenders’ view, towards more growth-friendly and distributionally
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Coalition in last-minute legislative rush, extends helping hand to MPs
PoliticsGreek PoliticsHaving passed the 2018 budget earlier this week, the government is continuing a busy week... of the more onerous elements in next year’s budget. There are no serious concerns at this moment about any... that the budget vote on Tuesday also saw independent MP Theodora Megalooikonomou, formerly of the Union
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Thessaloniki Port Authority contract signed, Hellenikon takes another step
EconomyProgrammein privatisation revenues in 2018 in order to meet the targets set out in its 2018 budget. The budget also specified around 1.66 billion via privatisations this year. According to the latest preliminary budget
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Newsletter 148 -26/01/2018
analysis points to serious concerns regarding the sustainability of Greek public debt.” 2 Budget primary... than the annual budgeted target. The budget primary balance was confirmed at a surplus of 1.94 billion... stood at 2.78 billion, the Finance Ministry (MoF) final budget execution bulletin showed. The primary
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General govt primary cash surplus at 3.26 in Feb, arrears up by 237 mln
EconomyMacroeconomymillion. The figure for the same period last year stood at 159 million. Overall, the state budget..., extrabudgetary funds by 10 million euros and state budget arrears edged up by 4 million euros. Since... by 11 million, while declines were noted in SSFs (-62 million), state budget arrears (-44 million
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