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Current account deficit narrows to 5.63 bln up to April, down 3 bln YoY
EconomyMacroeconomyGreece’s current deficit in April narrowed to 1.78 billion euros, from 2.4 billion euros in March, Bank of Greece (BoG) data showed on Tuesday. In April 2022, the balance showed a deficit of 1.66 billion euros, while in April 2021 the current account po...
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VAT, income taxes help push May budget primary balance above target by more than 3 bln
EconomyMacroeconomyThe budget primary balance in May was confirmed to be a surplus of 2.3 billion euros, compared to a deficit of 1.49 billion euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Monday. In the f...
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Current account deficit narrows further in May, down by over 3 bln in first five months
EconomyMacroeconomyGreece’s current deficit narrowed to 1.65 billion euros in May, from 1.78 billion euros in April, Bank of Greece (BoG) data showed on Friday. In May 2022, the balance showed a deficit of 2.08 billion euros, while in May 2021 the current account posted a...
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Economic sentiment unchanged in Dec, consumer confidence improves by 3 pts
EconomyMacroeconomyGreece’s economic sentiment (ESI) was virtually unchanged in December, falling marginally to 106 points, from 106.2 in the previous month, according to European Commission figures released on Wednesday. Over the rolling 12-month period, December’s ESI i...
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Industrial turnover resumes growth after 3 months, rising by 2.6 pct YoY in May
EconomyMacroeconomyGreece’s industrial turnover turned positive in May, with a rise of 2.6 percent year-on-year (YoY), from a 9.2 percent decrease in April, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. This is the first positive rea...
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Greek C/A deficit to July narrowed to just 156 mln with boost from tourism
EconomyMacroeconomyin the current transfers’ surplus to 1.86 billion, from just 100 million last year, owing... at the end of May called for a C/A deficit at 3 percent of GDP in 2013 and to hover around 2 percent in 2014
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Greece's C/A deficit for March drops sharply to 44.4 mln
EconomyMacroeconomy, from 100 million in February, chiefly due to an inflow of 200 million from the participation... of 2.7 billion recorded in February was reversed to a net inflow of 3 billion in March bringing
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Are things looking up for Greece's privatisation programme?
Economyas the preferred investor for the acquisition of 100 percent of Hellinikon. That announcement came after... 24.2 billion previously. The target for 2015 stands at 2.2 billion euros and in excess of 3 billion
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Greek union data suggest workers get paid late or in kind
Societybut every three months. About 1.2 million workers are paid with a 3 to 12-month delay. In other cases, employees are paid just an advance of 100 or 200 euros each month, while the remainder is added
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Troika review begins with fiscal targets and tax breaks in focus
EconomyMacroeconomyof GDP, which is broadly in line with the MTFS target of 2.5 percent, but below the EAP target of 3... of installments for unpaid taxes and social security contributions (SSC) from 12 up to 100 and at the same
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