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Our cruel summer
Agora” or “Pakistani” to be used liberally as a catch-all description for anyone deemed to be inferior or dispensable
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S&P awards investment grade, bringing arduous cycle for economy to a close
EconomyS&P became on Friday the first of the three leading rating agencies that restored Greece to investment grade, bringing to a close an arduous period for the country that started at the end of 2009..., bringing it in line with the other two main rating agencies. S&P notes that Greece’s public finances
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Tourist arrivals in June increase 13.7 pct, bringing significant rise in receipts
EconomyMacroeconomyAfter a temporary slowdown in May, Greece's travel receipts rebounded strongly in June, shooting up by 16.3 percent from 0.8 percent in May, according to the Bank of Greece (BoG). In absolute figures, travel receipts in June reached 1.99 billion euros f...
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Athens launches drive to pre-pay part of IMF loan, bringing budget benefits
EconomyProgrammeGreece has launched the formal process to pre-pay part of the loans it has received from the International Monetary Fund after Finance Minister Christos Staikouras officially requested clearance from the European Stability Mechanism in a letter on Monda...
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Credit to corporations contracts in July, bringing total loans down 1.27 bln MoM
EconomyMacroeconomyThe credit expansion in the Greek private sector remained solid in July, rising by 10.5 percent year-on-year (YoY), unchanged from the previous month, Bank of Greece (BoG) figures released on Thursday showed. The net lending flow was negative by 1.26 bi...
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Greek Jan-Apr primary budget surplus rises above 1 bln despite revenue shortfall
Economytaxes fell 5.6 percent in April bringing the four-month figure down 6.5 percent to 2.33 billion, 252..., bringing the four-month figure to 2.58 billion, which is similar to last year’s level and 76 million... at 65.45 billion at the end of March. Tax refunds surged 81 percent in April, bringing the four-month
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Is a lack of spending hampering Greece's firefighting capabilities?
Societythe potential role of spending cuts in bringing about the disaster. In the aftermath of the criticism.... But how big a role did austerity play in bringing about last week’s tragedy? And to what extent... the MoU, bringing it back to just above 2006 levels. Since then it has resumed a steady upward trend
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Newsletter 219 -13/09/2019
to the corporate tax rate will cost 600 million euros. Bringing dividends tax down from 10 to 5 percent...-on-month in July, bringing the total to 3.64 billion euros compared to 3.36 billion in June... in those employed, bringing the total to 3.96 million. The number of long-term unemployed (over 1 year
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Newsletter 220 -20/09/2019
will be looking for progress on a number of prior actions, which include bringing down the stock of NPLs... in European Central Bank (ECB) funding, bringing the total to 8.21 billion euros, while Emergency... expenditure from January to August showed a rise of 119 million euros, bringing the total to 33.95 billion
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Newsletter 227 -08/11/2019
million euros, bringing the total figure to 1.16 billion euros. The equivalent figure for the same time... obligations from tax categories showed a rise of 529 million month-on-month in September, bringing... that the trade deficit increased by 7.2 percent, bringing the total shortfall to 16.50 billion
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