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Budget primary surplus jumps to 1.19 bln in Jan, largely on rising PIB revenues
EconomyMacroeconomyby 882 million. This is attributed to lower primary expenditure (by 438 million) and a PIB balance.... The state budget balance also displayed a surplus of 1.07 billion euros, almost three times as high as last... improvement in the PIB balance is entirely attributed to a jump in revenues to 565 million, almost
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Budget primary surplus surges to 3.04 billion, extending outperformance
EconomyMacroeconomy- higher revenues (before tax refunds) by 291 million. The state budget balance also displayed a surplus... in February 2015. In addition, February state balance recorded a surplus of 251 million from 1.07... rose by 51.3 percent to 360 million, just 15 million lower than target. Overall, PIB balance showed
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Club Med in Washington
Agorahigh unemployment rates and weak balance sheets of financial institutions will weigh on economic... are their rising NPLs. Exposure to NPLs on lenders’ balance sheets amounts over a fifth of the total loan... the parent company, once a lender runs into major balance sheet problems, the Fondazioni
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Newsletter 74 - 20/05/2016
also beat the target by 381 million. In contrast, the Public Investment Budget (PIB) balance... a constant challenge for policymakers in recent years. Moreover, their high NPL levels on bank balance.... To what extent banks in Italy and Greece are prepared to sell parts of the NPLs on their balance sheets
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Marginal deposit flow in April for second straight month
EconomyMacroeconomy(BoG) data showed on Tuesday. The outstanding deposit balance slipped for the fourth successive month... in the Greek market remains negative with outflows of 1.65 billion, while the overall balance since last... deposit balance landing at 8.84 billion, of which 4.86 billion relates to central government, 2.28 billion
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Budget primary surplus of 2.5 bln in first half of 2016, revenues rebound in June
EconomyMacroeconomyof 1.06 billion. In addition, the Public Investment Budget (PIB) balance also came in 241 million above... The PIB balance stayed negative for the second successive month in June as expenditure of 188 million outpaced revenues of 83 million. However, the 6-month PIB balance remained positive with a surplus
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Primary cash surplus more than doubles to 2.8 bln in first half of 2016
EconomyMacroeconomy. The monthly balance figure also remained positive at 101 million euros in June but more than halved from last year’s surplus of 238 million. Similarly, the net balance of the central government also... Budget (PIB) balance recorded a deficit of 102 million in June from surplus of 269 million last year
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Primary cash surplus to July falls to 2.4 bln, including arrears repayment of 1.1 bln
EconomyMacroeconomy3.49 billion, up by 502 million from last year. The reported primary balance for July displayed.... It represents a drop by 950 million from the July 2015 figure. In addition, the reported net balance... at 4.33 billion down by 7.6 percent. The Public Investment Budget (PIB) balance posted a deficit of 378
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Budget primary surplus reaches 3.6 bln in 7-month, monthly revenues miss target in July
EconomyMacroeconomycoupled with higher revenues (709 million above target). The primary balance was kept positive... in the course of this year. The state budget balance showed a deficit of 832 million in the 7-month... lower than target. Overall, PIB balance recorded a surplus of 342 million in the 7-month period, down
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Deposits grow by 1.3 bln in August, highest inflow in 2016
EconomyMacroeconomyindicates the highest positive flow in the course of this year. As a result, deposit balance edged up... (211 million) and led the gg deposit balance down to 10 billion in August from 10.57 billion in the previous month. Overall, the total deposit balance edged up to 141.19 billion at the end of August
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