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Budget deficit of 6.38 bln in Aug confirmed; target beaten due to one offs
EconomyMacroeconomyThe budget primary balance was confirmed at a deficit of 6.38 billion euros in the first eight months of 2021, compared with a deficit of 5.48 billion in the same period last year, the final Finance Ministry (MoF) budget execution data showed on Monday....
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VAT and income taxes buoy revenue performance as primary surplus target is beaten in Sep
EconomyMacroeconomyThe budget primary balance in September was confirmed at a surplus of almost 6 billion euros, compared to a surplus of 52 million euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Wednesday....
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Newsletter 232 -13/12/2019
Diaspora vote, APS move step closer Parliament grants overseas Greeks vote, approves framework for Hercules scheme A couple of key pieces of legislation passed through Parliament this week, laying the groundwork for banks to clean up their balance sheet...
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Bilateral Trade in Goods between Greece and Germany, EUR mln
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Bilateral Trade in Services between Greece and Germany, EUR mln
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Where is Odysseus? Part 6 - Potential real GDP
Agorafrom optimism bias (which is rather common in economic forecasting). In our view, the convergence assumptions even bias the outlook for the EU as a whole and would best be abandoned for true baseline... optimistic for a sound baseline, and create an optimism bias in the official long-run calculations
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On monetary policy and inflation targeting
Agoratend to be temporary, but excess demand impulses are a political bias. This may reflect in some sense the optimism bias in political circles that notoriously overestimate potential output and potential... are used to prevent inadvertent influence on the readers (bias) who may be familiar with the monetary
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Credit contraction decelerates to 0.9 pct in April, net additions climb to 659 mln
EconomyMacroeconomy. The positive flow in April is almost entirely attributed to corporate sector net additions of 763... positive for the third successive month, with net additions climbing to 763 million in April
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Newsletter 269 -16/10/2020
shows deficit of 7.01 bln September figures show decline in revenues On a monthly basis, net revenues... primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared
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Newsletter 271 -30/10/2020
at 7.01 bln September figure confirmed as missing target by 9.58 billion euros The budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus
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