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Greek primary surplus at 1.5 bln in Q1, aided by PIB and social underspend
Economyof 2014, three times higher than the 520 million posted in the corresponding period last year, according... respectively. Despite remaining flat month on month, tax refunds to March increased by 230 percent YoY... billion, 823 million better than target. The exceptionally strong PIB revenues of 1.56 billion
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Eurostat 2012 figures raise questions about Greece's tax policy
Economythan a rise in the tax revenues. The breakdown shows that 41.9 percent of 2012 Greek tax revenues..., the Greek implicit consumption tax rate remained flat year on year at 16.2 percent remaining 3 pps lower than that of the euroarea. Comparing the whole set of figures (tax revenue as a percentage
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Eurobank reports loss of 186.6 mln in Q3
EconomyBankingcost cutting in Greece (-4.9 percent), while international expenses remained flat in the quarter... corresponding to 14.7 percent of gross loans. More than half of restructured loans are performing (past due less than 90 days). After easing to around 4.3 percent in the preceding two quarter, cost of risk
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Unemployment rate at 25.7 pct in Jan, lowest since Aug 2012
EconomyMacroeconomya smaller improvement by more than 3.5 pp to 34.1 percent, while unemployment in 35-44 age group remained flat YoY at 23.3 percent. The next two age groups (45-54 and 55-64 years old) displayed a YoY... improvement by more than 4pp over the past 3 months. The most recent official forecasts released
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Credit contracts by slower rate of 2.1 pct in May
EconomyMacroeconomythat the outstanding balance of corporate loans fell by more than 3 billion month on month (MoM) below.... Balances landed at 69.13 billion with net deductions flat MoM at 219 million. Consumer credit contraction... since then, while balances dropped by more than 19 percent. The biggest decline over this period
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July credit contraction at 1.5 pct, slowest since Aug 2011
EconomyMacroeconomyand 204 million respectively. The breakdown by segment showed the corporate lending was flat year...-negative reading since August 2011. The outstanding balances fell by more than 1 billion month on month... of more than 35 billion since then, while balances have dropped by almost 20 percent over
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Economic sentiment stable, consumer confidence down 4.5 pts in November
EconomyMacroeconomyGreece’s economic sentiment (ESI) remained flat from previous month at 86.5 in November, European... rose by more than 26 points until June 2014, when it peaked to 104.2. Since then, ESI recorded... a considerable improvement by more than 53 points since then to -30.6 in February 2015. With the exception
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A closer look at 2015 revenues reveals size of hit they took
EconomyMacroeconomy. The breakdown showed corporate income tax rose by 240 million euros to 2.9 billion, more than offsetting a drop... be noted that companies with annual turnover less than 1.5 million pay the VAT on a quarterly basis... percent in the last three months of the year leading to an overall flat change for the whole year
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Deposit outflows for second straight month in February, at 548 mln
EconomyMacroeconomythan the recent peak of 123.38 billion recorded in December. The negative flow in February is mainly... posted by households (-707 million) and non-financial corporations (-122 million). They more than... government deposits remained almost flat from the previous month at 10.05 billion in February with 5.28
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The men who would be prime ministers
Agorathe line and take Greece out of the adjustment programme. Despite seeing Papandreou and Samaras fall flat... than his colleagues, should call for Tsipras to resign and snap elections to be held. It came... before him, he has more than the same single string to his bow. *This article first appeared in last
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