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  1. Budget primary surplus to Oct hits 6.5 bln as revenues deliver again
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in October. Interest payments dropped by 2 percent in October and by 2.5 percent in the 10-month period to 5.19 billion, 100 million below target. Overall, total expenditure increased by 6.9 percent

    11%

  2. Budget primary surplus to Oct confirmed at 6.5 bln, 2.9 bln above revised target
    Photo by MacroPolis

    EconomyMacroeconomy

    by 2 percent in October and by 2.5 percent to 5.19 billion in the 10-month period, almost in line with the revised target. Overall, total expenditure rose by 6.9 percent in October and by 2.1 percent

    11%

  3. BoG sees chance of normality returning if review concludes swiftly
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    is expected at around 2 percent of GDP in 2016, above the programme target of 0.5 percent, while... in the fourth quarter of 2016, with the total stock edging down by 1.3 billion to 106.3 billion

    11%

  4. Gucci and Greece’s lost photo opportunity
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    character. The rejection came at a price - Gucci had offered 2 million euros towards restoration works.... Films must also reach a minimum UK spend requirement of 10 percent of the total budget, which goes

    11%

  5. Stocks edge down 0.6 pct as review talks continue
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    lowest level since January 2. However, it climbed to around 51 million on Friday. Overall, the lack... million from 492 million in 2015. The board of directors proposes the distribution of a total

    11%

  6. Greece eyes first bond issue since 2014 to smooth out volatile relationship with markets
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    transaction, the next issue in July fell short of estimates as the total offers reached 3 billion euros... on bond prices from the recent positive news flow, such as the technical agreement clinched on May 2

    11%

  7. Primary cash balance records deficit of 404 mln euros in 4-month period
    Photo by MacroPolis

    EconomyMacroeconomy

    , from a surplus of 205 million euros a year ago. This includes a one-off item of around 2 billion... to 16.51 billion in the 4-month period. Stripping out arrears’ payments, the increase in the total

    11%

  8. SYRIZA holds fire as Eurogroup expectations continue to be lowered
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    the absence of a debt deal following the adoption of 2 percent of GDP in new measures by the government... ministers will be able to approve the release of the next bailout tranche, which is expected to total

    11%

  9. European Commission's DSA reveals serious concerns over debt sustainability, need for relief
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyProgramme

    billion, total programme disbursements of 58.6 billion and implementation of short-term debt relief... growth of 3 percent between 2019 and 2060. Moreover, the primary surplus is seen leveling off at 2

    11%

  10. Eurosystem funding drops by 2.7 bln in June on reduced ELA liquidity

    EconomyMacroeconomy

    billion euros to 44.2 billion. A further decline in the ELA limit by 2 billion was also announced... of the total withdrawn liquidity. The collateral pledged with BoG and the ECB also fell by 2.7 billion

    11%