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Budget primary surplus at 3.02 bln in July, above target by 926 mln on strong underspend
EconomyMacroeconomyThe budget primary surplus was confirmed at 3.02 billion euros in July, up by 11.4 percent against... percent and a drop in direct taxes by 3.3 percent. Overall tax revenues were below the monthly target... consecutive weak months, standing at 228 million, up by 67 million against the target in July
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Current account surplus at 1.57 billion in July, pushed by services balance
EconomyMacroeconomy. The rise in travel receipts is fully attributable to international arrivals going up by 10.2... payments fell by 1.9 percent, pushing the travel surplus up 8.1 percent to 5.91 billion. Financial... in residents' external assets, attributable mainly to a 3.4 billion-euro drop in residents' holdings
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Budget primary surplus at 3.54 bln in August, 29 mln off target on tax refunds, low revenues
EconomyMacroeconomyMinistry’s (MoF) final budget execution bulletin showed on Monday. The eight-month primary surplus up... percent and a drop in direct taxes by 11.9 percent. In total, tax revenues missed their monthly target... edged up slightly by 0.3 percent to 4.82 billion in the eight-month period, above target by 17
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Deposit inflows rise to 1.41 bln in August, highest for 2017
EconomyMacroeconomyThe positive deposit flow in the Greek banking system picked up pace in August to 1.41 billion... inflows picked up pace. A breakdown of the figures revealed that time deposits received inflows.... The drop reflected “developments in the liquidity situation of Greek banks, taking into account
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Deposit outflow of 51.7 mln in September for banks
EconomyMacroeconomyconclusion of the second programme review in June, after which deposit inflows picked up pace.... Total deposits – which also include the general government (gg) - edged up marginally by 36 million.... The drop reflected “developments in the liquidity situation of Greek banks, taking into account
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Economic sentiment at 98.3 pts in October, consumer confidence drops -0.3 pts
EconomyMacroeconomyrepresents a drop of 2.3 points in the overall index month-on-month. ESI has been improving since May... by 0.9 points to 14.4 points and retail trade picked up from the reading of 0 in September to stand... points, retail trade has deteriorated by 10.9 points while construction has edged up by 0.6 points.
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Slight uptick for economic sentiment and consumer confidence in November
EconomyMacroeconomy, second drop in a row and retail trade picked up from the reading of 2 points in October to 2.3...Greece’s economic sentiment (ESI) edged up by 0.1 points in November to 98.4 from 98.3 in October, yet remained below the 100-point mark it surpassed temporarily in September, European Commission (EC
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Current account deficit at 624.1 mln in October as goods balance worsens
EconomyMacroeconomyin the year to date up to October to stand at 3.41 billion. Excluding oil, the deficit of the balance..., stemming largely from an 10.4 billion-euro drop in residents' holdings of foreign bonds and T... of Greek government bonds and T-Bills. Reserve assets edged up slightly month-on-month to 6.59 billion
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Economic sentiment reaches 101 pts in Dec, highest in more than 3 years
EconomyMacroeconomymonths of the year, when it edged up by 2.6 points to 101 from 98.4 in November, European Commission (EC..., the third drop in a row, and retail trade fell again from the reading of 2.3 points in November to -0.4 in December. Construction improved slightly to -58.3, up by 1 point. During 2017, industry
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Property ownership waning in Greece as renting takes over
Societyin Greece is currently around 73.9 percent, a drop of 7.7 percentage points from 2006, when the figure... they owned. This was backed up by many of them reporting delayed or late payment of rent as a problem... decade, up to 33 percent in the latest survey from 12.3 percent in 2006. The vast majority
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