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EU funds and limited expenditure drive primary budget surplus to 2 bln in Feb
Economyfor the second straight month bringing the 2-month figure to 8.37 billion, up 7.5 percent. Despite... a moderate rise of 1.6 percent to 7.87 billion, 6.8 percent short of target. The drop in primary... of 988 million, up 63 percent from last year’s figure of 605 million. Furthermore, the 2-month PIB
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Is the Greek coalition about to cry over fresh milk?
PoliticsGreek PoliticsJust a few days after the Greek coalition basked in the satisfaction of wrapping up seven-month... that as far as milk is concerned, the coalition intends to drop the five-day limit and create new two..., including a new framework for bank recapitalisation, into one of three articles that will make up
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Elections results present fresh challenges for SYRIZA and New Democracy
PoliticsGreek Politicsdone so with something to back up its demand. One of SYRIZA’s biggest challenges now is how it handles Sunday’s victory and if it can strike a balance between keeping up the pressure on the government... in the results to worry conservative strategists. For a start, New Democracy saw its support drop 7 percentage
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Election results in Greece lift uncertainty, for now
Agorashape. Following up and assessing the electoral vote in Greece is not a task for the faint-hearted... increased. Discontent following prolonged austerity, unemployment and a 30 percent drop in GDP within.... Voters have realized that. Now it’s up to the politicians. *Dimitris Apistoulas is the managing
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Lower expenditure helps Greece post 707 mln primary budget surplus in first half of 2014
Economyto 161 million to June from 142 million to May with the 6-month actual figure at 22.2 billion, up 3.9.... Direct taxes soared 37.4 percent in June, leading the 6-month figure up 9.3 percent to 8.58 billion, 451... drop at 27.7 percent in June and 10.5 percent in the 6-month to 3.35 billion, 247 million short
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Car sales continue to rise in July but at slower pace of 25.9 pct
EconomyMacroeconomyto 63,026 motor cars. In the corresponding period last year, there was a drop of 2.5 percent... readings in the second half of 2013. Passenger cars, which make up the bulk (more than 80 percent...' main source of financing for buying cars, making up the bulk of consumer credit disbursements so far
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S&P upgrades Greece one notch to B, sees growth in 2015
Economy20 percent lower than in 2007. The rating agency highlights that a drop in the unit labor cost... is seen picking up slowly. The return of growth is expected to help Greece achieve a primary surplus... to be raised in domestic local-law markets, 12 billion from the troika institutions and up to 5 billion from
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Crisis weakens confidence in Greek representative institutions
Societyin the police shot up 17 points on last year’s figures – the biggest hike for any institution – putting... in the office of state president is now at 51 percent, a significant drop from the 88 percent... of the people/citizens has grown from 56 to 67 percent in four years. while trust in social movements is up
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Level of corruption in Greek public sector seen falling slightly in 2014
Societythat have been started in Greece, for example, suggest an explanation as to why it has moved up the rankings by three points (and up seven points in the last two years to a score of 43 today),” Transparency...), Turkey (45) and Angola (19) were among the biggest fallers with a drop of 4 or 5 points, despite average
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Greek travel receipts continued upward course in October, rising by 4.6 pct
EconomyMacroeconomyto soaring international tourist arrivals, up by 18.9 percent to 1.84 million mitigated however.... In contrast, the drop in arrivals from Russia accelerated to -45.6 percent in October from -17.2 percent... international tourist arrivals at the main Greek airports soared 24.9 percent. They were up 15.1 percent
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