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Internal ballot boost SYRIZA membership numbers, bolsters Tsipras
PoliticsGreek Politicsobjectives was to increase the number of members to more than 100,000. This was met with scepticism by some... membership now stands at more than 170,000 and Tsipras was quick to underline that he had been vindicated... (173,000) and more than voted for PASOK’s Nikos Androulakis (139,000) in the run-off vote to elect
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Scope leaves rating unchanged at BBB-, ups outlook to positive due to solid fiscal performance
Economyare expected to be stronger than previously estimated. Scope now sees Greece running a primary... sees Greece having a lower debt ratio than Italy by 2026, a country rated higher than Greece at ‘BBB... balances leading to lower debt, the banking sector risks are further curtailed, and structural
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On Portugal, PSI and a national salvation pact
Agoraa primary budget surplus of 4.3% of GDP. Portugal has had a negative primary budget balance for over... for which we have data is 3% of GDP. Portugal’s current primary budget balance is negative 1.6% of GDP... budget balance by €10 billion. Any attempt by the Portuguese government to extract an additional €10
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Primary cash surplus improves to 2.93 bln at end of April
EconomyMacroeconomyGreece’s central government primary cash balance significantly widened to 2.93 billion eurso... of Greece (BoG) figures. The monthly figure also improved, with the primary cash balance showing a surplus of 83 million in April from deficit of 135 million last year. The net balance of the central
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Primary cash surplus widens to 2.66 bln in first five months of 2016
EconomyMacroeconomyGreece’s central government primary cash balance climbed to 2.66 billion euros in the first five... surplus of 11 million a year ago. The net balance of the central government also recorded a similar... and to a lesser extent higher Public Investment Budget (PIB) balance. In particular, ordinary budget
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Net job hirings turn negative by 14,402 in August to highest aggregate figure on record
EconomyMacroeconomyThe employment balance turned to negative territory in August posting a negative figure of 14,402... on Thursday. The August balance is the first negative reading following six consecutive months of positive net growth in the job market. Compared to August last year when a negative hirings balance
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Primary cash surplus falls to 276 mln surplus at end of August amid revenue decline
EconomyMacroeconomyGreece’s central government primary cash balance came to a surplus of 276 million euros...’ repayments of 1.57 billion, of which 468 million euros were paid during August. The overall cash balance... year’s figure of 449 million euros. Meanwhile, the eight-month PIB balance recorded a deficit
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Primary cash surplus at 1.75 bln as expenditure rises in Sept
EconomyMacroeconomyGreece’s central government primary cash balance came to a surplus of 1.75 billion euros.... The overall cash balance also posted a deficit of 1.07 billion compared to a deficit of 1.14 billion.... Meanwhile, the aggregate PIB balance recorded a deficit of 500 million euros versus a deficit of 76 million
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Revision sees 2016 fiscal surplus at 0.5 pct of GDP
EconomyMacroeconomybalance for 2016 has been downward revised to 0.5 percent of GDP, from 0.7 percent in April... percent of GDP. The primary balance in 2016 was 3.7 percent of GDP, government expenditure dropped below... of the 2016 performance is attributed to a substantial positive balance in social security funds, close
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Primary cash surplus at 2.88 bln in Oct on higher expenditure, arrears payments
EconomyMacroeconomyGreece’s central government primary cash balance came to a surplus of 2.88 billion euros... cash balance also posted a deficit of 567 million compared to a deficit of 908 million a year ago... deficit, which stood at 143 million euros. Meanwhile, the aggregate PIB balance recorded a deficit
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