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Budget primary surplus of 2.1 bln in 2-month on large underspend in Feb
EconomyMacroeconomy, 25.6 percent lower than the respective figure of 2.85 billion in the corresponding period last year..., which stood at 734 million. This was 334 million higher than the target, which explains the target... expenditure was just 58 million lower than target. We understand that the government deferred or postponed
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Newsletter 111 - 17/03/2017
they briefed more than 40 SYRIZA MPs about the details of a potential agreement earlier in the week... by 1.26 billion, mainly on the back of significantly lower than targeted primary expenditure (by 866... of Greece, a sum 334 million higher than expected. Meanwhile, primary expenditure decreased notably
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Newsletter 115 - 21/04/2017
percent of GDP for many years to come. The indications from Greece are that a more likely formula than... to 2.7 percent, while its medium-term estimate stands at 1 percent for 2022, lower than its previous... in March, while the Q1 figure plummeted by more than 1 billion to 292 million, from 1.3 billion last year
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Overdue social security contributions climb to 22.5 bln at end of Q1
EconomyMacroeconomyQ1. The released figures show that out of the total overdue stock of 22.49 billion, more than two.... The breakdown shows nearly two thirds of debtors owe less than 15,000 euros each for an aggregate amount of 1.72 billion euros (7.7 percent of total). This bracket includes 410,238 debtors, more than
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Budget primary surplus at 3.54 bln in August, 29 mln off target on tax refunds, low revenues
EconomyMacroeconomyby 1.06 billion euros, driven by lower than targeted revenues in several categories. Specifically... to 2.57 billion in the eight-month period, higher than the target by 469 million euros. Overall, net... percent), driven largely by higher than expected tax refunds and the payment deadline for the ENFIA
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Wolfgang at the door
Agorathe Germans, who had implemented the challenging Hartz reforms provide outright solidarity, rather than... and recovered much more slowly than the US did after experiencing its massive financial crisis. During... more than 40 billion euros through lower interest rates on its government debt, while a study
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Despite cuts, pension system still at risk due to old-age dependency
Societyolder than 65 years for every 100 persons of working age (20 to 64 years). The ratio rose from 19.5... than that of the total population. Greek pensioners over 65 were found to have disposable incomes slightly higher than the OECD average. Regarding poverty and age, the report found that in 15 out of 25
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Part-time work, low pay characterise crisis-era job market
Societythan through a permanent position. Around one third of respondents (32 percent) said that the job... they had been insured for fewer hours than what they worked and 9.3 percent worked without insurance.... One in five of all workers made less than 500 euros a month, of which 11.2 percent were men
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Budget primary surplus at 2.32 bln in Mar, beating target by 1.22 bln
EconomyMacroeconomyyear was 63 million. Tax refunds rose to 1.08 million euros in the aggregate period, higher than..., above target by 361 million euros, and 2.7 percent higher than for the same time last year. Expenditure Primary expenditure rose to 3.41 in March, higher than the figure of 3.22 billion in February
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A moment to reflect, not celebrate
Agorabe a moment for reflection, rather than celebration. The last eight years have been marked by avoidable... with a comforting sense of detachment, rather than an actual country with real people and flawed politicians facing... a soap opera playing out on their TV screens rather than a series of events causing real upheaval
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