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General government primary cash surplus substantially widens to 5.3 bln by September, arrears edge down to 6.2 bln
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus notably widened by 2.89 billion to 5.33 billion in the 9-month period of 2016 from 2.44 billion a year ago, the Finance Ministry (MoF) gg bulletin displayed on Wednesday. The substantial improvement is mostly attributed to a remarkable expansion
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Deadlock at NBG over chairman appointment
EconomyBanking, Vice President at the International Finance Corporation (IFC) of the World Bank since July 2011. NBG
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Cabinet reshuffle leaves some bitterness within SYRIZA
PoliticsGreek Politicsbut this also translated into him receiving the second-highest number of votes (just four behind Finance
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Fiscal Council optimistic on 2016 target, sees next year’s goals as feasible
EconomyMacroeconomyCouncil notes that consensus estimates point to GDP rebound of more than 2 percent compared to the Finance
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Unemployment rate edges up to 23.4 pct in August
EconomyMacroeconomyin the jobless rate for this and the next year. The Finance Ministry and the EC predict the unemployment
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CPI drops at a slower pace of 0.5 pct in October
EconomyMacroeconomy. The Finance Ministry in the 2017 draft budget estimates HICP to remain flat in 2016 and increase by 0.6
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The Greek debt circle can be squared
Agorafinance ministers made a vague agreement that debt relief for Greece would be delivered in three
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Q3 GDP beats consensus, rises by 0.5 pct QoQ and 1.5 pct YoY
EconomyMacroeconomyrespectively. This dragged total consumption down by 1.6 percent. For the whole year, the Finance
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Kammenos's odd partnership with Tsipras still holding together
PoliticsGreek Politicswith New Democracy. The former finance minister is also adamant that the socialists should be pressing
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Budget primary surplus to Oct hits 6.5 bln as revenues deliver again
EconomyMacroeconomyGreece’s budget primary surplus surged 43.4 percent to 6.5 billion euros in the 10-month period of 2016 from 4.53 billion a year ago, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Monday. The headline figure extended the year-to-date outperformance to 4.71 billion eurin
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