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Newsletter 39 - 21/08/2015
account balance was in surplus for the second successive month in June but it narrowed by 20 percent year... income surplus by 89 million. June balance is down 20 percent year on year. Industrial index fall... their balance and tumble to embarrassing defeats. The resignation of New Democracy leader Antonis Samaras
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Outflows ease to 1.5 bln in July but deposits reach lowest level since May 2003
EconomyMacroeconomyas of June 29. The outstanding balance fell further to 120.83 billion, which is the lowest reading... climbed to 44.42 billion euros corresponding to more than 27 percent on the end-November deposit balance... billion) with their balance landing just shy of 139 billion in July. This is the lowest reading
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IMF sees Greek debt above 200 pct of GDP in 2016, at 182 pct in 2020
EconomyGreece’s general government (gg) balance (as a percentage of GDP) showing a deficit of 0.5 percent...-August. For 2016, the IMF expects a zero primary balance compared to a surplus of 0.5 percent estimated... onwards. The overall gg balance is projected to remain in negative territory in the next years
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Cash primary surplus contracts 2.9 pct to 2.68 bln on weak revenues in Sept
EconomyMacroeconomy, with this year’s balance posting a primary deficit of 390 million from surplus of 440 million... with higher expenditure. The central government net balance remained negative with the 9-month figure... Investment Budget (PIB) balance remains consistently identical in both the BoG and MoF reporting
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Updated ELSTAT figures point to minor differences on fiscal data, slight rise in debt ratio
EconomyMacroeconomyto the downward revision of GDP published on October 13, there is a deviation in the balance and debt... November 2010. In particular, the general government (gg) primary balance in 2014 displayed a surplus... adjustments was also evident in the previous years’ balance and debt figures, except debt in 2012
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Marked rise in expenditure leads to a budget primary deficit in Nov
EconomyGreece’s budget primary balance turned to a deficit of 184 million euros in November following... (by 1.83 billion) and higher Public Investment Budget (PIB) balance (by 779 million), against a revenue... surplus of 375 million in October. Nevertheless, the 11-month balance still points to a surplus of 210
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General government primary cash surplus widens notably to 5.14 bln at end of Nov
EconomyMacroeconomythe second highest contributor to the overall gg balance. Social security funds’ primary surplus shrank by almost 58 percent to 173 million euros from 410 million last year. But their balance posted... stock. The outstanding balance stood at 715 million euros at the end of November, with state budget
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2015 primary surplus exceeds target as revenues outperform and expenditure is reined in
EconomyGreece’s budget primary balance reached 2.27 billion in 2015 up by 21.1 percent from the 2014... the Public Investment Budget (PIB) balance was 353 million above target. In December in particular, the primary balance displayed a deficit of 2.07 billion largely due to a PIB deficit of 1.78 billion
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Primary surplus beat target in 2015 on higher revenues and restrained spending
EconomyGreece’s budget primary balance was confirmed at 2.27 billion euros in 2015 from 1.87 billion... Investment Budget (PIB) balance by 353 million. The monthly outcome showed a primary deficit of 2.07... billion euros in December led the PIB balance to post a deficit of 1.78 billion in that month
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Budget primary surplus of 1.19 bln in Jan markedly better than target
EconomyMacroeconomyby 886 million due to lower primary expenditure (by 438 million) and PIB balance outperformance (by 420 million) more than offsetting revenue underperformance of 69 million. The state budget balance.... The substantial improvement in the PIB balance is fully attributed to a jump in revenues to 565
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