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  1. Primary cash balance deficit at 7.12 bln in Sept
    Photo by MacroPolis

    EconomyMacroeconomy

    euros. The budget primary balance recorded a deficit of 7.01 billion euros in the first nine months

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  2. Budget primary confirmed at deficit of 9.07 bln in October
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    at 4.44 billion, above target by 1.68 billion. Aggregate PIB expenditure came to 7.01 billion

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  3. Newsletter 275 -27/11/2020

    Newsletters

    . Aggregate PIB expenditure came to 7.01 billion, overshooting the target by 2.28 billion. Overall, the PIB

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  4. Signs of recovery, improved tourism season visible in Sept budget data as revenues beat target by 943 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance up to September landed at a deficit of 5.96 billion euros, compared with a deficit of 7.01 billion in the same period last year, the preliminary Finance Ministry (MoF) budget execution data showed on Friday. The primary balance was above the target in the 2022-2025 Medium

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  5. Greek deflation slows to 1.5 pct in January

    EconomyMacroeconomy

    in November when clothing and footwear prices retreated 11.5 percent month on month reflecting the 10-day sales period introduced for the first time in the beginning of November. Alcoholic, beverages... percent) and followed an accelerating trend thereafter until November when it peaked at -2.9 percent

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  6. Newsletter 11 - 16/01/2015

    Newsletters

    stood at 45 billion euros at the end of November and would have to resort to the Bank of Greece’s...’s EAP targets, the net comparable budget underperformance stands at 1.1 billion. Primary surplus... to putting the cart before the horse. Let us discuss why this is the case. The November 2012

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  7. Newsletter 45 - 02/10/2015

    Newsletters

    in November and 1.1 billion in motor tax in December. On top of all that, a large number of farmers... the current state of play with Greece will be on the agenda. The next Eurogroup is scheduled for 9 November... than 15 November”. Although current estimates point to a lower level of official sector

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  8. Newsletter 49 - 30/10/2015

    Newsletters

    is to increase motor tax, which was initially targeted to bring in 1.1 billion. However, this would mean... non-conservatives in the first round on November 22 it could put him in a position to claw back... on November 29. As things stand, it appears unlikely that Meimarakis will be able to edge over

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  9. Q3 GDP slips 0.9 pct QoQ on lower private consumption and investment

    EconomyMacroeconomy

    ). According to today’s figures, GDP eased 1.1 percent year on year (YoY) in Q3, from flash estimate... forecasts published on November 5. It sees a milder recession of 1.4 percent in 2015 but did... 2015 estimates to be confirmed Q4 GDP should contract 5.4 percent QoQ and 5.9 percent YoY. On November

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  10. Trade deficit slips by 1.8 pct in Nov on higher drop in exports
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    Greece’s trade deficit fell by 1.8 percent in November after a short-lived rise of 17.3 percent... in November reflects a higher decline in exports (-9.8 percent) compared to that of imports (-6.6 percent). In absolute terms, the trade deficit landed at 1.53 billion euros in November. The rate of drop

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