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Primary surplus confirmed at 5.83 bln in Nov on back of spending under-execution
EconomyMacroeconomy. The overall balance is better than the target by 1.97 billion euros. It should be noted that the targets... million euros. VAT revenues amounted to 21.66 billion, 131 million higher than the target. Excise tax... higher than the target. Tax refunds came to nearly 6.27 billion euros, above the new target by 133
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Primary surplus lands at 3.92 bln in 2023 thanks to significant underspend and RRF funds
EconomyMacroeconomyis better than the target by 4.58 billion euros. It should be noted that the targets have been revised... revenues amounted to 23.39 billion, 154 million higher than the target. Excise tax revenues were 7.02... below the target. Income tax revenues came to 20.88 billion Euros, 151 million higher than
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Manufacturing grows strongly in Jan, sentiment reaches pre-Covid levels
EconomyMacroeconomyof more than 50 points. S&P notes that the rate of growth in January was the fastest since April 2022... sharpest in two years, slower than only that seen in July 2023. Manufacturers noted that the rise was due..., as output prices rose at a solid pace, sharper than the series trend, despite the softening rate
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Mitsotakis makes bid to dissuade farmers from continuing their protests
PoliticsGreek Politicsto play with. The PM and his ministers have repeatedly stated that there is not much more than... party by suggesting that, as a former prime minister, Samaras has greater latitude than other... model” regarding universities, rather than the system used in Cyprus. He argued
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Budget starts new year on track, timing factors lead to 1.16 bln outperformance
EconomyMacroeconomy. The overall balance is better than the target by 1.18 billion euros. Revenues Net revenues in January stood... to 2.42 billion, 29 million higher than the target. Excise tax revenues were 528 million, 33.... Income tax revenues came to 1.9 billion Euros, 256 million higher than the target, mostly thanks
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University bill meets with strong opposition as MPs begin debating reform
PoliticsGreek Politicsand profit seeking rather than the interests of improving the quality of education in the country... language programmes and research hubs, rather than go through with the changes proposed... more in terms of support than PASOK. Since Kasselakis took over as SYRIZA leader last September
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Slower growth nixes handout plans, fires criticism of ND's economic policies
PoliticsGreek Politicsto be less fiscal space than previously expected. It was no surprise, therefore, that Finance Minister... argued that New Democracy has opted for short-term gains rather than putting Greece on a sound... create the impression of a more fragmented political scene and a less dominant ruling party than
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Underwhelming GDP highlights investment falling short of mark
EconomyMacroeconomybetween 2 and no more than 2.5 pct. Once again, fixed capital formation is expected to grow by more than 15 pct this year. This set of conditions will tie the hands of the government regarding... a high primary surplus of more than 2 pct of GDP, but also due to the return of the fiscal rules without
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Great Expectations: Is Greece 2.0 hitting the target?
EconomyFeaturesCommission estimates that in 2022, Greece’s GDP was 2.1 percent higher than it would have been without... in the original assumptions, to the 2024 budget report, where it was estimated that a little less than... of the prevailing economic model rather than achieving a transformative effect.
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Waning support in opinion polls generates concern for government
PoliticsGreek Politicsis around 4 points lower than in the poll conducted by the same company a month ago. Support... on 31.4 pct, which is 5.1 points lower than the last poll, while SYRIZA gains 15.1 pct and PASOK 13..., this would represent a good result. Conversely, if ND gains less than 30 pct, which opinion polls
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