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Signifcant underspend covers revenue shortfall for budget primary surplus to August
EconomyMacroeconomydriven by soaring income tax, up 60.8 percent to 1.53 billion, while property taxes plummeted 74 percent..., despite the decline by 4.9 percent in August, consumption taxes are marginally up by 0.2 percent... the lowest drop since January. The absolute figure stood at 3.29 billion, 87 million above target
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Services sector turnover deteriorates in Q2
EconomyMacroeconomyadministrative and support following suit exhibiting a drop by 14.4 and 7.9 percent respectively... a double-digit growth with the highest led by legal and accounting (up 63 percent), architectural and engineering (up 59.2 percent) and management consultancy (up 49.5 percent). On the flipside, office
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Newsletter 43 - 18/09/2015
million coupled with a drop in the jobless figure by 7.8 percent to 1.18 million. Year-on-year... that will take on entrenched interests and clean up the system. New Democracy has made this campaign about... results during its, admittedly brief, time in office. At the same time, it picked up many
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Marked improvement for budget execution in Oct, primary surplus outperformance extended
EconomyMacroeconomysurplus of 4.52 billion euros up by more than 70 percent compared to last year’s figure. At the same... rebounded by 19.6 percent in October after a drop by 20.1 percent in September. The October figure... is up by almost 1 billion euros, also including the quarterly VAT payment. Total ENFIA revenues
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Loss-making Q4 and 2015 for Alpha, targets positive bottom-line in 2016
EconomyBankingto 1.3 billion in 2015, while stripping out integration and extraordinary costs the respective drop.... The bank estimates a further reduction in staff costs by up to 6 percent to around 500 million... in Q3 with the full year figure reaching 3.02 billion, up by 63.5 percent from last year. Alpha said
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Healthy eating and smoking on decline in Greece over last five years
Society. Five years later, this share had fallen to 54.6 percent, a drop of 10 percent. The reduction... of ten people over 15 consumed red meat up to twice per week. As the 2014 collected information... they consumed 11–20 cigarettes a day, while three in ten smoked up to ten. About one in five smoked
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Trade deficit rises 14.3 pct in Feb as exports fall for 10th month
EconomyMacroeconomyin February reflects an increase in imports by 1.9 percent coupled with a drop of 7 percent in exports... path for ten straight months. The absolute figures showed that imports edged up to 3.56 billion.... Exports to non-EU countries dropped by 15.9 percent, while those to EU countries edged up by 0.6
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Brexit leaves Greece dangling precariously
Agorachief Martin Schulz have been talking up the idea of an ever-closer union. The battle to determine..., contributing around 2 billion euros to the country’s tourism sector, which makes up around a fifth... these numbers drop significantly. Previously, a decline in the number of visitors from Russia was felt
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Tourism and exports expect impact from Brexit fallout
EconomyMacroeconomyyear, visitors from the UK made up 9.2 percent of total foreign arrivals in Greece, while..., recording an average drop of 2.3 percent per annum in the past four years. As a result, the bilateral... million in 2011 to 126 million in 2015. It is worth noting that exports to the UK made up 4.2 percent
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SETE study presents short- and longer-term prospects of Greek tourism
EconomyMacroeconomypercent in Q4, with the full-year figure seen at 25 million in 2016 from 23.6 million in 2015 up by 6... in 2016. SETE points out that the average expenditure per trip has recorded a notable drop..., up from the 9.3 and 8.3 percent in 2014 and 2013 respectively, according to SETE. However
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