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Newsletter 170 -13/07/2018
on the five islands. The savings are set to come from reductions to the defence budget. Tsakalotos also had... increased by 0.9 percent. The Finance Ministry’s projection in the budget sees the HICP rising
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June primary cash surplus at 6.49 bln as revenue increase offsets higher expenditure
EconomyMacroeconomyrose by 911 million euros. The Public Investment Budget (PIB) balance showed a deficit of 37 million... balance for last year which recorded a deficit of 75 million euros. The preliminary budget execution
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Newsletter 172 -27/07/2018
The budget primary balance was confirmed at a surplus of 635 million euros in the first six months of 2018, the Finance Ministry (MoF) final budget execution bulletin for June showed. Last year’s figure
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Growth conditions improving but more work needed over longer term, PBO suggests
EconomyMacroeconomyThe Parliament Budget Office's (PBO) second quarter (Q2) report, published recently, examined the current economic conditions in Greece but also how exports and imports have evolved during the crisis... crisis. Revenues and debts A breakdown of the government’s revenues showed that state budget net
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July primary cash surplus at 6.75 bln as revenue rise outstrips expenditure
EconomyMacroeconomythe arrears payments made in July, expenditure fell by 688 million euros. The Public Investment Budget... on a deficit of 47 million euros. The preliminary budget execution figures released by the Finance Ministry
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Tsipras bids farewell to MoU, eyes new start for Greece and SYRIZA
PoliticsGreek PoliticsMinister Yiannis Dragasakis suggested that next year’s budget might not include the 1 percent reduction... be examined as part of the discussion about Greece’s 2019 budget, which has to be tabled by October 16
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Lenders appear at ease with Tsipras pledges, cautious on pension cuts
EconomyProgrammeThe institutions have begun poring over Greece’s budget execution data as part of the first post-programme inspection, which will also include a close look at the pledges made by Prime Minister...-Claude Juncker’s spokesman Margaritis Schinas noting that Greece’s 2019 budget would be examined
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Tsipras confident on pension cuts, reticent on snap elections
PoliticsGreek Politicsthat this figure will be achieved, and the statistics show that it will, we will submit the 2019 budget... added. The state of play in Greek public finance, along with the 2019 budget, were due to be part
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Lenders' visit concludes with no firm answer on pension cuts
EconomyProgrammewill not be included in the 2019 budget, which Greek Parliament is due to approve in December. This provided... budget and before the revised version has to be tabled in Greek Parliament a month later. A number
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Primary cash surplus up to 16.76 bln in Aug on improved revenues and cash buffer disbursement
EconomyMacroeconomyBudget (PIB) balance showed a deficit of 146 million euros in August, improving on the deficit... for the same time last year. The preliminary budget execution figures released by the Finance Ministry
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