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Budget primary surplus confirmed at 2.29 bln in April on improved tax collections, lower PIB spending
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 2.29 billion euros in the first four months of 2018 compared to a surplus of 1.73 billion for the same period last year, the Finance Ministry (MoF) final budget execution bulletin for April showed on Thursday. The primary surplus strongly
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Eurobank net profits at 34.5 mln in Q1
EconomyBankingprograms, Eurobank is well-positioned to finance the economy and support its clients, mainly the dynamic
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Capital controls eased, allowing larger withdrawals and doubling limit on business transfers abroad
EconomyMacroeconomyGreece’s Finance Ministry (MoF) announced on Thursday that the capital controls introduced in the summer of 2015 will be further relaxed from Monday as part of an effort to fully abolish them not long after the end of the programme. The conditions for withdrawals and transfers will be amended from
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Newsletter 164 -01/06/2018
the technocrats then compile a compliance report for eurozone finance ministers, who are due to gather
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Key debt relief talks fail to result in deal, leaving IMF role in doubt
EconomyProgrammeeurozone finance ministers meet in Luxembourg in just over two weeks. “We continue to work
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General govt primary cash surplus at 2.42 bln in April, arrears fall by 66 million
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus amounted to 2.42 billion in the first four months of 2018, down by 227 million euros compared to the same time last year, according to the Finance Ministry’s (MoF) monthly gg bulletin. In the underlying subcategories, the biggest year-on-year
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Fiscal Council endorses fiscal and macro assumptions but warns of potential obstacles
EconomyMacroeconomyThe Greek Finance Ministry is due to table to Parliament on Friday the multi-bill that will wrap up its obligations for the conclusion of the final programme review, along with the updated Medium-Term Fiscal Strategy (MTFS) for the period between 2019 and 2022. The Fiscal Council issued on Tuesday
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CPI up by 0.6 pct in May, second positive reading the year
EconomyMacroeconomygoods and services (+0.4 percent) and housing (+0.2 percent). The Finance Ministry’s projection
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Coalition plays down sub-tranche delay, opposition steps up pressure
PoliticsGreek Politicsis also destined for reducing arrears further, will be proved wrong. Finance Minister Euclid Tsakalotos
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Coalition hails multi-bill as start of clean break, opposition sees more of the same
PoliticsGreek Politics. Finance Minister Euclid Tsakalotos and several other cabinet members briefed SYRIZA MPs last week
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