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Final budget sees strong growth, fiscal overperformance in 2018
EconomyMacroeconomyis that investment growth will more than double compared to this year, reaching 11.4 percent. Exports... for 2017 being even more impressive than previously expected. The primary surplus is expected... in the MTFS, with both direct and indirect tax intakes lower than initially thought at 20.77 billion
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Budget primary surplus at 5.33 bln in October, beating target on revised budget figures
EconomyMacroeconomybillion. This stemmed from better than expected revenues from several categories, including income.... The MoF said that the lower-than-expected expenditure stemmed mainly from reductions in earmarked... lower than the target. PIB PIB revenue stood at 58 million euros for October. The corresponding
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Multi-bill on way as Athens aims to complete third review by Jan 22
EconomyProgrammeto include the amendment that will lead to first-degree unions requiring a quorum of more than 50 percent of members to call a strike, rather than a third as is the case now. However, this has not yet been... that around 70 have yet to be ticked off. Some require ministerial decisions to be issued, rather than
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Total overdue tax obligations rise to 100.74 bln, up by 1.19 bln in November
EconomyMacroeconomy, slightly lower than that for the same period last year (68.7 percent). Corporate income tax due rose..., which stands higher than the monthly average of 206 million noted at the end of 2016, but is less than 3 percent of the total figure for legacy debt. The collection of new tax debt (excluding non-tax
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Car sales rise by 16.1 pct in December, annual increase reaches 20.8 pct
EconomyMacroeconomyaccounted for more than 82 percent of the total monthly car sales. Over 65 percent of these were... by 100.4 percent. Although the overall rise in car sales is higher than that for 2016 (+11 percent), and higher than 2015 (+13.5 percent), it still remains less than half of the record high
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Banks meet NPE targets in Q4, reduction at highest rate since start of crisis
EconomyMacroeconomy, which is 1.6 billion lower than the target of 95.9 billion. NPL stock came to 65.1 billion, which is around 800 million lower than the target of 65.9 billion. The NPE ratio stood at 48.6 percent in Q4, slightly higher than the anticipated target of 48.5 percent. The breakdown by lending segment
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Extra taxation did not increase revenues in 2017
EconomyFeaturesbillion euros, 589 million euros higher than the figure for 86.78 billion in 2017. In 2017, the total... from 52.73 billion to 52.22 billion euros, lower than that for 2016 which stood at 52.34 billion... tax intakes lower than initially thought at 20.77 billion and 27.39 billion, respectively. Tax
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Greece’s unstable and confusing tax system failing to deliver results
EconomyMacroeconomypercent in 2014, and had risen to 50.7 percent in 2017, higher than Sweden’s rate of 49 percent... than the figure for 86.78 billion in 2017. In addition to higher taxation, payment rates are also... of less than 9,000 euros a year, meaning that they make less than 750 euros a month. Greece is one
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As part of search for culprits in Boutaris attack, parties should look at themselves
Agora, the leftists – who have seen their own MPs attacked on more than one occasion - may have become... 16, 2018 “Why is the social democrat [Finance Minister Olaf] Scholz stricter than [Wolfgang... foreign minister Giorgos Koumoutsakos. Unity required Koumoutsakos should know more than most
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Banks meet NPE targets in Q1 but mortgage reductions remain slow
EconomyMacroeconomywas reduced by 4.7 billion euros quarter-on-quarter (QoQ) to 92.4 billion 1.3 billion lower than the target... at 48.5 percent in Q1, slightly higher than the anticipated target of 48.1 percent. The main driver... euros, around 600 million lower than the target. Residential NPLs landed exactly on target at 20.5
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