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C/A surplus of 0.7 pct of GDP in 2013 is Greece's first for decades
EconomyMacroeconomyof between 1 and 2 percent of GDP in 2013. The BoG’ estimates included in its interim report on Monetary Policy published on December 17, pointed to a surplus of 1 percent of GDP in 2013, rising to about
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EU funds and limited expenditure drive primary budget surplus to 2 bln in Feb
Economyon March 11, stand 1 billion above 2-month targets, despite a shortfall of 124 and 144 million... was 1 billion above the target. Revenues excluding tax refunds rose 8.8 percent in February
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Social support in Greece not adequate enough to deal with crisis, says OECD
Societythe attention of Greece and its lenders: 1) The major decline in household income Total household income... has nearly doubled since 2012 as many as 1 in 5 Greek working-age adults now live in a household
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Greece unveils MTFS seeing 4.2 bln primary surplus in 2014 but just under 2 bln fiscal gap in 2015-16
EconomyMacroeconomythe target. For 2016, the fiscal gap amounts to 1.93 billion (1 percent of GDP), with the primary... remaining broadly flat in 2015, social security contributions are anticipated to surge by 1 billion
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CPI down 1.3 pct in April as Greece remains in deflation for 14th month
EconomyMacroeconomyof the respective VAT rate by 10 percentage points as of August 1. In contrast, health coupled with alcoholic... of 0.3 percent in 2015. On the flipside, OECD latest forecasts point to a stable deflation close to 1
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Bookies see clear win for SYRIZA in EU elections but not in local vote
PoliticsGreek Politicswith the former’s odds having a 1 pp handicap at 1.36 and the latter’s at 2.80. Sportingbet offers for the first... to 4.30 for the SYRIZA candidate Gavriil Sakelaridis. In the first round, their difference stood at just 1
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Piraeus Bank reports loss of 247 mln for Q1
EconomyBankingpoints QoQ to 109 percent. Eurosystem funding narrowed by 8 billion within Q1 and by a further 1 billion... Core Tier 1 (CET1) stood at 14.4 percent. Taking into account the negative impact from
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Budget execution shows primary surplus of 711 mln, 503 mln ahead of target
EconomyMacroeconomyrevision mainly reflects higher forecasts for revenues (by 1 billion), more than offsetting higher... period. This implies an average figure exceeding 1 billion per month. Although the April figure of 763
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BoG sees encouraging signs for Greek economy but warns on reforms
Economypositive in 2014 at 1 percent of GDP lower than its previous estimate of 2 percent. The key contributor... that an increase in real GDP by 1 percent results in a rise of the tax efficiency of VAT by 0.20 – 0.43
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Unpaid taxes keep rising, tax audits short of targets
EconomyMacroeconomytax debt of 1 billion by the end of June. The same target of 1 billion has also been set
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