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Budget primary surplus of 2.38 bln by April, continues to beat target due to restricted spending
EconomyMacroeconomy, tax refunds rose by 3.7 percent to 978 million, 62 million above target. Overall, net revenues
1% -
Newsletter 74 - 20/05/2016
by posting a positive bottom-line result for the first time since Q3 2011. In specific, the bank’s net
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IMF sets out stall ahead of crucial Eurogroup by proposing immediate debt relief
EconomyProgramme50 percent of GDP in net present value (NPV), of which 18-24 percent of GDP would stem from fixing
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Final budget primary surplus reached 2.72 bln at end-April after upward revision of PIB revenues
EconomyMacroeconomyby 3.7 percent to 978 million, 62 million above target. As a result, net revenues decreased by 1.3
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Access to finance remains far bigger problem for Greek SMEs compared to euro area peers
EconomyMacroeconomylevels, well below all other euro area countries Although the net percentage of SMEs in most euro area
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Rise in new tax arrears slows further to 694 mln in April, total reaches almost 88 bln
Economyrate of collected revenues from audits on the self-employed and high net worth individuals also
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Building activity falls by 11.5 pct in March for third straight decline
EconomyMacroeconomycontracted by 17.5 percent since the end of 2010, with cumulative net deductions exceeding 12.8
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NBG completes sale of Finansbank to Qatar National Bank
EconomyBankingis paid to the state. The elimination of pillar II bonds is estimated to boost NBG’s net interest and fee
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Unemployment up for second straight quarter to 24.9 pct in Q1
EconomyMacroeconomy-employed flow in the private sector, showed net hirings reached 201,256 in the 5-month period of 2016, up
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Five-month budget primary surplus of 2.27 bln, revenues outperform in May
EconomyMacroeconomy. As a result, net revenues edged up by 1.2 percent to 17.25 billion in the 5-month period, outperforming target
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