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  1. Surprise 0.1 pct QoQ rise in Q4 GDP on investment rebound, 2015 recession at 0.3 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    ) in Q4, at a much slower pace than flash estimates (-1.9 percent) as well as the revised Q3... QoQ decline posted in Q3. In addition, Q4 GDP fell 1.2 percent YoY, less than half the drop of 2.6... percent in 2015, lower than the 0.7 percent indicated in flash estimates, while nominal GDP fell

    2%
  2. Newsletter 67 - 18/03/2016

    Newsletters

    probably be lower than the government’s proposed 384 euros. In addition, compared to the initial... for those with more than 25 years. However, they seem to agree on an increase in contributions...-on-quarter (QoQ) to 190 million, primarily reflecting a rebound in core operating income that more than

    2%
  3. Jan-Feb budget primary surplus soars to 3.04 bln, aided by underspend and PIB revenues

    EconomyMacroeconomy

    (PIB) revenues, which grew by more than 1 billion euros from last year, coupled with an increase in net revenues by more than 800 million. In addition, the 2-month primary surplus outperformed... expenditure was 913 million lower than target), the higher PIB surplus (by 657 million) and the higher

    2%
  4. Final budget primary surplus reached 2.72 bln at end-April after upward revision of PIB revenues
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s budget primary surplus rose by more than 29 percent to 2.72 billion euros in the 4-month...) final budget execution bulletin showed on Friday. The headline number is 339 million euros higher than... billion) also supported by revenue outperformance (by 378 million), which more than offset a lower than

    2%
  5. Newsletter 84 - 29/07/2016

    Newsletters

    by provisions of 101 billion, of which 31.9 billion related to PSI, more than offsetting operating... that beat the target by more than 1 billion. It is worth noting that tax revenues surged 38.8 percent... months, mostly reflects lower-than-targeted social protection expenses as well as consumption and non

    2%
  6. Budget primary surplus to Sept surges to 5.44 bln on solid tax revenues

    EconomyMacroeconomy

    Greece’s budget primary surplus surged by more than 77 percent to 5.44 billion euros in the 9-month... execution bulletin published on Monday. The headline figure is marginally lower than the 5.45 billion... to lower than initially estimated revenues in the coming months. Indirect taxes improved 7.5 percent

    2%
  7. Newsletter 97 - 25/11/2016

    Newsletters

    a number of revenue and expenditure interventions that are projected to yield more than 4 billion... growth. The current account (C/A) surplus widened by more than 104 million to reach 1.01 billion... in the goods deficit by 76.6 million, which more than offset a deterioration in the primary and secondary

    2%
  8. Greeks deeply affected by crisis and least satisfied with life, EBRD study finds
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    , a figure lower than that in Moldova (24 percent), Ukraine (26.1 percent) and Armenia (30.5... in their country was better in 2016 than four years prior to the survey. Greece’s figures are radically lower than... Greeks think that there was less corruption in 2016 than four years before the survey. Greece had

    2%
  9. Since 2010, declared income has plummeted but tax due has risen
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    over the past few years. Specifically, more than one quarter (26.3 percent) of taxpayers did not pay... accounted for more than one third (34.2 percent) of total. They also paid almost two thirds (66.1 percent) of the total tax. This corresponds to 618,173 taxpayers paying an annual tax of more than 3,000

    2%
  10. Macedonia and other Greek words

    Agora

    diplomatic challenges for more than a quarter of a century. Of course, it is not likely... in the demonstration even though its head, Archbishop Ieronymos stated less than a month ago... whipped into a frenzy by people who have no care for their concerns other than the extent to which

    2%