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CPI grows by 0.7 pct in October, positive for 10 successive months
EconomyMacroeconomy. Although declining, the CPI has remained in positive territory for 10 straight months after four years.... The Finance Ministry’s latest draft budget projects the HICP to rise by 1.1 percent in 2018.
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Budget primary surplus at 1.46 bln in Mar, beating target by 2.42 bln
EconomyMacroeconomyThe budget primary balance recorded a surplus of 1.46 billion euros in the first three months...) preliminary budget execution bulletin showed on Monday. The primary surplus surpassed its target by 2.42 billion euros. Primary expenditure came to 10 billion euros, falling below the target by 951 million
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October budget primary surplus confirmed at 5.74 bln
EconomyMacroeconomyThe budget primary balance recorded a surplus of 5.74 billion euros in the first 10 months of 2019... monthly primary balance’s surplus fell by 1.8 percent. The budget balance in the first 10 months...) budget execution bulletin confirmed on Monday. The primary surplus surpassed its target by 1.56 billion
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Seven in 10 Greeks raiding savings to pay bills, two in 10 have no deposits
SocietySeven in 10 Greeks are raiding their savings in order to make ends meet, while two in 10 say they have no deposits at all, according to a new survey by Public Issue. As the government and the troika discuss how to cover next year’s fiscal gap and how much an already enlarged property tax will raise
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Draft budget for 2025 sees 2.3 pct growth and strong primary surplus
EconomyMacroeconomythan 10 billion to 242.34 billion euros. Revenues On the fiscal front, the budget has broadly...The draft budget for 2025 was tabled in Parliament on Monday, with the main parameters in line... its time in office. Growth for this year is seen at 2.2 pct, when the 2024 budget had assumed
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Five-month budget primary surplus of 2.27 bln, revenues outperform in May
EconomyMacroeconomyin the final budget bulletin expected to be published in the next 10 days. Tax refunds climbed 36.5...Greece’s budget primary surplus stood at 2.27 billion euros in the 5-month period of 2016 up... budget execution bulletin showed on Thursday. The headline figure means there was an over-performance
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More fiscal space emerges for new energy relief package as parties jostle for support
PoliticsGreek Politicsrecovering some of the public support it has lost in recent months. The latest budget execution... a supplementary budget allowing a 2-billion-euro increase in spending this year. It is estimated that just... to essentially become a kingmaker. So, the coming months will see a cat and mouse game between the KINAL chief
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Greek primary budget surplus doubles to 835 mln in Jan but below target
EconomyGreece’s budget execution showed a primary surplus of 835 million euros in January, which... to the final data released by the Ministry of Finance (MoF) on February 24. The state budget surplus jumped... Budget (PIB) expenditure and tax refunds which more than offset lower expenditure. Revenues excluding
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Increased revenues push Greek budget primary surplus up to 2.28 bln at end of July
EconomyMacroeconomyGreece’s budget primary surplus widened to 2.28 billion euros in the 7-month period from 707 million posted in the first half of the year, according to the final budget execution bulletin released... of income tax, with its first instalment due by the end of July. The 7-month state budget deficit reached
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Troika and Greece in stalemate over budget targets, prior actions as time ticks away
EconomyProgrammeThe Finance Ministry (MoF) is expected to table in parliament the 2015 budget on Friday amid a stalemate in discussions with the troika. As things stand, the budget will be submitted without... percent) for another year, with anticipated revenues of about 800 million. Budget targets Another
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