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Revision sees 2016 fiscal surplus at 0.5 pct of GDP
EconomyMacroeconomybalance for 2016 has been downward revised to 0.5 percent of GDP, from 0.7 percent in April... percent of GDP. The primary balance in 2016 was 3.7 percent of GDP, government expenditure dropped below... of the 2016 performance is attributed to a substantial positive balance in social security funds, close
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Budget primary surplus of 4.54 bln in 9-month below target despite underspend
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 4.54 billion euros in the first nine..., missing their target by 2.25 billion. The monthly primary balance stayed positive for a sixth month.... The budget balance in the first nine months of 2017 eased to a deficit of 327 million euros, falling below
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Primary cash surplus at 2.88 bln in Oct on higher expenditure, arrears payments
EconomyMacroeconomyGreece’s central government primary cash balance came to a surplus of 2.88 billion euros... cash balance also posted a deficit of 567 million compared to a deficit of 908 million a year ago... deficit, which stood at 143 million euros. Meanwhile, the aggregate PIB balance recorded a deficit
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Budget primary surplus at 4.66 bln in 11-month as expenditure falls, revenues rise
EconomyMacroeconomyThe budget primary balance recorded a surplus of 4.66 billion euros in the first 11 months of 2017... euros, above target by 517 million euros. The monthly primary balance turned negative after seven... positive figure of 788 million. The budget balance in the first 11 months of 2017 recorded a deficit
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Primary cash surplus at 2.33 bln in Nov as expenditure rises, PIB deficit widens
EconomyMacroeconomyGreece’s central government primary cash balance came to a surplus of 2.33 billion euros.... The overall cash balance also posted a deficit of 1.37 billion compared to a deficit of 1.42 billion... last year. The aggregate PIB balance recorded a deficit of 1.68 billion euros versus a deficit of 135
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Budget primary surplus at 4.65 bln in 11-month on lower expenditure
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 4.65 billion euros in the first 11 months... billion euros, beating the target by 506 million euros. The monthly primary balance turned negative... October’s surplus of 788 million. The budget balance in the first 11 months of 2017 recorded a deficit
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Deposits turn negative in Jan with outflows of 1.40 bln
EconomyMacroeconomyof positive inflows. However, it should be noted that a negative deposit balance for the month of January... a positive flow of 460 million euros in January 2001. Overall, the outstanding balance of private... inflows of 2.77 billion, as well as a positive savings balance of 612.1 million. The savings balance
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Unemployment rate at 20.8 pct in Dec as employed rise by 107,687 in 2017
EconomyMacroeconomyshowed that the job hirings balance turned negative by 16,542 for the month. Compared to the same month last year, the balance improved by 13,275. The report noted that the month of January has recorded a negative balance for every year since 2001, with the exception of 2014 when a positive balance
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Primary cash surplus at 6.34 bln in Feb as expenditure, interest payments fall
EconomyMacroeconomy’ repayment of 30 million euros, of which 9 million was paid in February. The overall cash balance posted...) balance came to a very slight surplus of 1 million euros in February, compared to 97 million euros in February 2017. The aggregate figure performed better, with the PIB balance showing a surplus of 574
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Primary cash surplus at 7.72 bln in March on strong underspend
EconomyMacroeconomy. The overall cash balance posted a deficit of 99 million euros, improving by 152 million on the figure from.... The Public Investment Budget (PIB) balance surplus grew to 210 million from a very slight surplus of 1.... The aggregate figure registered a PIB balance with a surplus of 783 million euros compared to 292
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