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July current account shows surplus of 1.58 bln as tourism drives services surplus
EconomyMacroeconomyby strong performance in the services surplus which offset a deepening of the balance of goods deficit... in the services balance, the surplus of which rose by 14.3 percent YoY to 3.75 billion..., the services balance and the secondary income account improved by 884.5 million and 73.7 million
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Feb current account deficit at 990.4 mln as services balance improves
EconomyMacroeconomyby improvements in the services balance and primary income account. The deficit of the balance... driven by the non-oil balance of goods worsening by 9.2 percent. The services balance improved... partially offset by improvements in the services balance and primary income accounts. The primary income
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IMF sets out its stall as review deliberations resume in Athens
EconomyProgrammePoul Thomsen, the two officials insisted that a primary surplus target of 1.5 percent of GDP... to dismissed workers, according to the IMF officials. The fund raises again the issue of debt sustainability... growth and delivery of basis public services such as health care and transportation, according
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Newsletter 177 -05/10/2018
convened a hastily-arranged meeting of top government officials on Wednesday after a sharp decline in bank... Ministry officials dismissed the nosedive in share prices as an overreaction by investors to a story..., included the disbursement of backpay to members of the armed forces and emergency services, as well
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Govt lines up strike legislation to follow brief pause after budget vote
PoliticsGreek Politics. In fact, government officials point out that the collectability rate of the ENFIA property tax rose... by Athenians. Government officials later revealed that ND is working on legislation that would ensure... that will ensure public services do not come to a standstill during strikes and work stoppages. The move comes
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Newsletter 235 -17/01/2020
, though, that some ND officials close to former party leader and ex-PM Antonis Samaras had been... officials believe it would be wiser for Mitsotakis to attempt to clear this hurdle sooner rather than... percent in November. Additionally, the goods’ index increased by 0.7 percent while the services index
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Tsipras challenges Mitsotakis as probe into scandal rekindles rivalry
PoliticsGreek PoliticsPapangelopoulos. “Why are they threatening judicial officials and witnesses of public interest? Because... top officials were implicated. Tsipras will also be aware of speculation that the centre-right party... previously served briefly as head of the intelligence services under New Democracy. The conservatives
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Border furor highlights brittleness of Greek-Turkish relations
PoliticsForeign Policythousands of migrants amassed at the border trying to cross into Greece. Given that Turkish officials....” Turkish officials, however, insist that this issue is of a technical nature and in no circumstance... diplomatic services not to fully and transparently describe incidents as they happen, causing confusion
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EU funds seen as cushioning Covid-19 impact, giving govt fiscal space
PoliticsGreek Politics. According to Kathimerini, officials expect that for each month the crisis affects the economy.... Some conservative officials felt that Mitsotakis would be best-advised to renew his mandate... 24 to 13 pct for a range of products and services as yet more businesses reopen to the public
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Newsletter 288 - 12/03/2021
to be an indirect reference to SYRIZA, which government officials insist is trying to invest politically..., while officials have repeatedly stated that fiscal space is tight. It is now thought to be eyeing.... Additionally, the goods’ index fell by 1.3 percent while the services index fell by 1.1 percent YoY
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