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  1. Greek primary cash surplus reaches 1.8 bln in H1 2014

    EconomyMacroeconomy

    to the overall gg balance. The highest portion is made up by extrabudgetary funds and the state budget... a net drop of 71 and 40 million year to date. The bulk of social security funds’ arrears stems from

    6%

  2. Greek cash deficit to July narrows 78.3 pct to 1.72 bln

    EconomyMacroeconomy

    revenue performance in July (up 14.2 percent). Compared to the 7-month budget figure of 26.25...’ contribution to ESM - the underlying figure showed a single-digit drop of 6.1 percent to 28 billion

    6%

  3. Greek CPI down by 0.3 pct in August as rate of decline slows for third month in a row
    Photo by MacroPolis

    EconomyMacroeconomy

    -alcoholic beverages (down 2.4 percent) showed the highest drop. A slower decline of 1.3 percent... in May, when it temporary shot up to -2 percent. In 2013, the CPI slipped by 0.9 percent for the first

    6%

  4. Greek primary budget surplus eases to 1.95 bln on back of lower revenues in Aug
    Photo by MacroPolis

    Economy

    income tax instalment, which was due by the end of July. However, a large number of taxpayers owing up... resumed again an upward trend in August showing a slight rise of 0.6 percent after a 3.2 percent drop

    6%

  5. Troika review begins with fiscal targets and tax breaks in focus
    Photo by MacroPolis

    EconomyMacroeconomy

    at 13 percent. Kathimerini also notes that tax interventions for 2016 include a further drop... of installments for unpaid taxes and social security contributions (SSC) from 12 up to 100 and at the same

    6%

  6. SMEs, backbone of Greek economy, have shed 27 pct of jobs since 2008

    Economy

    , making up 72 percent of added value and 86 percent of employment. These proportions..., SME employment is expected to drop by another 106,000 to 1.65 million in 2015. Similarly, the number

    6%

  7. IMF lowers medium-term forecasts for Greek debt, 2014 financing needs

    Economy

    a deeper drop in consumer prices this year, the IMF expects deflation at 0.8 percent in 2014 from 0.4... forecasts stand up to 2 pp lower than in April, at 152 percent in 2017 and 135.3 percent in 2019. On gg

    6%

  8. Increase in car sales accelerates to 44.3 pct in September

    EconomyMacroeconomy

    ) is in line with the total headline figure. Following a sharp drop of more than 30 percent in each.... The main financing source of consumers is car loans, which make up a large portion of consumer credit

    6%

  9. Greece sets out plans for settling SME NPLs; mortgages to come

    Economy

    are up to 500,000 euros per SME qualify for the scheme. The applied haircut would exceed 50 percent... a reduction of 30 percent in the property value broadly, which is broadly in line with the drop

    6%

  10. Primary surplus narrows to 2.4 bln in October as revenues miss target

    Economy

    for the government legislation offering up to 100 instalments for the overdue taxes. Also, the 10-month revenue... of a 107 million surplus. The continuous weakness reflects a drop in PIB revenues by 12.4 percent

    6%