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As EU presidency approaches, poll suggests Greeks are most isolated within Union
Society, should highlight in such an emphatic way Greeks’ growing disenchantment with the EU less than two... average of 31 percent. Nevertheless, Greeks remain relatively strong supporters of the euro, according... eurozone member states is weaker than in Greece. The survey also finds interesting differences
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Budget execution shows surplus of 811 mln at start of 2014
EconomyMacroeconomy177 million last year. Despite the strong fiscal performance, both figures fell short of monthly... and net revenues which more than offset lower expenditure. Revenues excluding tax refunds rose 6.1... in January to 2.95 billion euros, 405 million better than the target. Interest payments eased 9.2
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C/A surplus of 0.7 pct of GDP in 2013 is Greece's first for decades
EconomyMacroeconomyof GDP), according to the Bank of Greece (BoG). The C/A deficit in December more than halved to 215... more than offset a rise in the trade deficit by 339 million. The 5.9-billion-euro improvement... income of 2.03 billion. The strong tourism season in 2013 sparked an increase in travel spending
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Where Greek banks stand ahead of capital needs disclosure
Economyin their business plans until 2017. The capital needs will reportedly be based on the baseline (rather than.... Domestic and foreign investors have already shown a strong interest. National Bank has clearly.... The lender believes the proceeds will more than cover its potential capital needs. Nevertheless, the recent
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Greek primary budget surplus doubles to 835 mln in Jan but below target
Economyto 619 million from 177 million last year. Despite the strong fiscal performance, both figures fell... Budget (PIB) expenditure and tax refunds which more than offset lower expenditure. Revenues excluding... better than the target. The sharp drop mainly reflects a drop in grants to social security sector
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Greek recession slowed from revised 7 pct in 2012 to 3.9 pct last year
EconomyMacroeconomywas 0.3 percentage points better than the flash estimate released a month ago indicating a 2.6 percent... worse than the 3.7 percent indicated in flash estimates. GDP contraction in 2012 was also revised... marginal growth came as a surprise following a strong tourism season in 2013 with travel spending
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Primary surplus at 2.1 bln in Feb, ahead of budget execution target
EconomyMacroeconomyGreece’s budget execution showed a primary surplus of 2.1 billion euros to February, more than five times higher than the 487 million posted in the corresponding period last year, according... to the exceptionally strong Public Investment budget (PIB) revenues of 1.56 billion in February. Revenues
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Eurobank: From nationalisation to re-privatisation
Agorathat transaction no single shareholder controlled more than 5 percent of Eurobank shares. Most importantly... the troika’s strong objections on the deal, NBG said on April 8, 2013 that the merger was being... aid to Eurobank. Although the state aid to Eurobank (6.24 billion) is less than half compared
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Q1 gg primary cash balance shows 2.5 bln surplus but 2014 arrears grow
EconomyMacroeconomyThe Greek general government (gg) primary cash surplus in the first quarter (Q1) of 2014 more than... deficit of 1.06 billion in March, pulling back on the strong performance recorded in the two-month period... (1.85 billion) and EFSF/ESM/IMF loans (1.3 billion) more than offsetting a net increase in short-term
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May sees 48.7 pct rise in number of new cars in circulation
EconomyMacroeconomy, and also reflects a low base effect. The strong performance in May led the 5-month figure up 24.7... licences (accounting for more than 80 percent of total) stems from passenger cars, which soared 49.2 percent in May and 25.1 percent in the 5-month period. More than half of the first-time circulated road
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