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Strong tax performance and underspend push 6M primary surplus to 1.7 bln above target
EconomyMacroeconomyThe budget primary balance recorded a surplus of 2.9 billion euros by June, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday. During the first six months, the primary balance outperformed by 1.7 billion euros above the target. Expenditure
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Primary surplus reaches 2.91 bln in Jun as VAT and corporate tax lead revenue outperformance
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 2.91 billion euros in June, compared to a surplus of 2.12 billion euros in the same month a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Friday. Up to June, the budget primary balance
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Greece's ongoing divestment from banking sector creates new lender, stirs controversy
EconomyBankingwas used by both the finance minister and the Bank of Greece governor. The deal sees a capital injection
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Primary balance 4 bln above target in Jul due to underspend and tax performance
EconomyMacroeconomyThe budget primary balance recorded a surplus of 5.68 billion euros by July, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Friday. During the first seven months, the primary balance outperformed by over 4 billion euros above the target. Expenditure
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Central govt debt rises by 1.5 bln in Q2, to 407 bln
EconomyMacroeconomyGreeceās central government debt recorded a rise of roughly 1.5 billion euros to 407.06 billion euros in Q2 2024, the Finance Ministry's (MoF) debt bulletin showed on Monday. The Q2 debt movements reflect a rise of nearly 2 billion euros in bonds and higher repos by roughly of 1.5 billion euros
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Corporate, income taxes and VAT propel tax outperformance in July above 2 bln
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 5.67 billion euros in July, compared to a surplus of 3.56 billion euros in the same month a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Monday. Up to July, the budget primary balance
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Government defends economic recovery narrative as first poll after summer break lands
PoliticsGreek Politicsin terms of per capita consumption, not at the bottom of the table. The Finance Ministry followed up
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Athens not put out by Turkey-Egypt rapprochement, but watching closely
PoliticsForeign Policyin energy, defence, tourism, health, agriculture, finance, culture, education, and transport
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GDP up by 1.1 pct QoQ, needs 2.8 pct growth in H2 to reach annual forecast
EconomyMacroeconomyit needs to grow by 2.8 percent. Outlook According to the latest Finance Ministry estimates included
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Mitsotakis argues there is no alternative as SYRIZA officials push Kasselakis out
PoliticsGreek Politicsearlier this year. A one-off levy on oil refinery profits will finance a handout of up to 200 euros
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