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Budget surplus at 1.94 bln in 6-month, 1.51 bln above target on strong underspend
EconomyMacroeconomyby 58.8 percent to 836 million, off target by 22 million. Moreover, expenditure also recorded
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Primary cash balance records deficit of 434 mln in first six months
EconomyMacroeconomymillion a year ago. As previously noted, this year’s figure includes a one-off item of around 2
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Newsletter 128 - 21/07/2017
Govt retreats from bond issue Plans for possible market access put on hold as IMF feedback weighed up The Greek government was forced to put off this week its plans for issuing a bond and testing the waters of the international markets after a three-year absence. Although the local media thought
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Athens forced to consider shelving market access plans for now
PoliticsGreek Politicsof Greece governor Yannis Stournaras last week that Athens would be better off pushing through a couple
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Greece announces return to markets with 5-year bond, mostly targeting swap
Economygovernor Yannis Stournaras noted that Athens would be better off pushing through a couple a major
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IMF insists fiscal targets unrealistic, cites historical evidence to support case
EconomyProgrammereach higher surpluses, through exceptional compression of spending or other one-off measures
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Varosha move puzzles amid low expectations on Cyprus
PoliticsForeign Policyinformed of any plans by the Turkish Cypriot side to hand over the fenced-off city of Varosha to UN
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Georgiou conviction may test relationship with lenders
PoliticsGreek Politicsinto concerns about the independence of the judiciary, with the government recently trying to fight off
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ND moderates catch some flak, suggesting delicate party balance
PoliticsGreek Politicsviews, which cut us off from the moderate audience.” These views encapsulate the political struggle
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The whole truth and nothing but the truth
Agoracharade off the hook. The conspiracy claims began as early as 2010 and the ex-ELSTAT chief’s legal battle
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