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Newsletter 212 -28/06/2019
few months. 2 Primary surplus at 916 mln in May High expenditure drives latest headline figure..., compared to a surplus of 853 million noted in May 2018, the Finance Ministry’s (MoF) final budget
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Outright majority in sight for ND as campaign takes detour through recent past
PoliticsGreek Politicsconvincingly, clinching a clear majority in the process. However, we may be seeing the start of an effort... finances by Karamanlis’s administration. This may be the start of Tsipras distancing himself
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The benefits of being Greek
Agoraepisode in the electoral campaign suggests that he may be close to crossing this line. Recently... of them better than third country nationals? Brexit may hold the answer to that question. You obviously
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CPI falls by 0.3 pct in June after 13 months of rises
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) dropped by 0.3 percent in June following a small rise of 0.2 percent in May, figures from the Hellenic Statistical Authority (ELSTAT) showed on Wednesday. June’s...-on-month, the CPI for June rose by 0.5 percent when compared to May. The harmonised index of consumer
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National Bank first to test market waters in post-election afterglow
Economyaftermath of the event. The index has recovered some of those losses and is still up 16 percent since May’s... percent on May 31. The rally has prompted speculation the debt office could even sell 15-year bonds
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ND ready to flesh out its policy agenda, with focus on tax plans
PoliticsGreek Politicsof businesses in the scheme. The first tax bill may also include a reduction to the ENFIA property tax... Democracy has promised to reduce ENFIA by 30 percent across the board in two stages. Instead, it may
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ND sees first tax cuts as fair, hopes to build case for lower fiscal targets
PoliticsGreek Politicsthat the reductions are socially just. SYRIZA believes this may be a weak point in New Democracy’s... reports that he will stay in the city for around a week, during which he may also meet
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Trade deficit falls by 22.9 pct in June as imports drop sharply
EconomyMacroeconomyGreece’s trade deficit dropped by 22.9 percent (YoY) in June compared to a rise of 56 percent in May, data from the Hellenic Statistical Authority (ELSTAT) released on Wednesday showed. The deficit stood at 1.53 billion euros in June, compared to 2.19 billion euros in May. Imports came to 4.29
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Industrial production rises by 0.3 pct in Jun and 1.2 pct in 6-month period
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) increased by 0.3 percent year-on-year (YoY) in June compared to a revised decrease of 0.1 percent in May, Hellenic Statistical Authority (ELSTAT) data... percent in May. The annual movement in the index was driven largely by a 1 percent rise
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ND aims to show progress at Eurogroup but QE unattainable for now
EconomyProgrammeon the Euro2day financial news website on Thursday quoted an EWG official suggesting that Athens may... Eurogroup may provide a clearer picture regarding where everybody stands on this issue and what kind
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