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Strong tax performance and underspend push primary surplus up to 3.15 bln in May
EconomyMacroeconomyThe budget primary balance recorded a surplus of 3.15 billion euros in May, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday. Up to May, the primary balance outperformed by 2.35 billion euros above the target. Expenditure, excluding interest
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Government tries to find its footing again after EP vote surprise
PoliticsGreek Politicsgreater use of the digital tools available. Also on Tuesday, Finance Minister Kostis Hatzidakis
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Parties turn focus on economy as PASOK struggles with election fallout
PoliticsGreek Politicsprices without compromising its political commitments. In addition to the targeted VAT freeze, Finance
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VAT and income tax takings plus 721 mln underspend lead to 3.2 bln primary surplus in May
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 3.2 billion euros in May, compared to a surplus of 2.3 billion euros in the same month a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Tuesday. In May, the budget primary balance outperformed
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BoG sees sustained growth, argues challenges require wide-ranging policy interventions
EconomyMacroeconomyfor this year is slightly more conservative than the Finance Ministry’s 2.5 pct estimate submitted last month
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Left looks to France for inspiration as SYRIZA postpones key decisions
PoliticsGreek Politics. It is being stressed by Finance Ministry officials that the package will be in line with Greece’s fiscal
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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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