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Athens moves quickly to scrap pension cuts as Eurogroup inches forward on euro reform
EconomyProgrammeThe Greek government wasted no time following the conclusion of the Eurogroup on Tuesday, as it submitted to Parliament draft legislation that will lead to the pension cuts that had been lined up for next year being cancelled. Eurozone finance ministers gave Greece’s 2019 budget the green light
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General govt primary cash surplus at 6.68 bln in October, arrears rise by 9 mln
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus came to 6.68 billion euros in the first 10 months of the year, up by 311 million euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin. In the underlying subcategories, the biggest year
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CPI up by 1 pct in November
EconomyMacroeconomypercent), household textiles (-5.6 percent) and wines (-4.5 percent). The Finance Ministry’s
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Chasing investment, the Greek dream
AgoraGreek banks’ impaired ability to finance while they are dealing with the issues of non-performing loans
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Budget primary surplus at 7.61 bln in November as expenditure curtailed
EconomyMacroeconomyThe budget primary balance came to a surplus of 7.61 billion euros in the first eleven months of 2018, according to the preliminary budget execution bulletin for November published by the Finance Ministry (MoF) on Friday. The figure for a year ago came to 4.65 billion, representing a year-on-year
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New overdue taxes rise by 995 mln in Oct, taking stock to 104.8 bln
EconomyMacroeconomy. The Ministry of Finance reported tax revenues of 38.69 billion euros in October, which means that for every
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Primary cash surplus at 20.34 bln in November as revenues grow
EconomyMacroeconomyby the Finance Ministry (MoF) for November showed that the budget primary balance came to a surplus of 7.61
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Newsletter 188 -21/12/2018
to the preliminary budget execution bulletin for November published by the Finance Ministry (MoF
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PDMA sets out plans to build on recent market forays with bond issues in 2019
EconomyGreece’s Public Debt Management Agency (PDMA) issued this week its finance strategy for next year, which also outlines how the country’s market access since the summer of 2017 has been progressively built and gives a detailed profile of Greece’s current debt structure. Moving towards the end
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New overdue taxes rise by 857 mln in November, total legacy and new debt at 105.5 bln
EconomyMacroeconomyfrom tax categories. The remainder is related to the four key taxes. The Ministry of Finance
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