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Ministry of Finance - 2015 Draft Budget (In Greek)
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Greek exports down 5.9 pct in August, imports also fall 16.4 pct
EconomyGreece’s exports continued heading south for the second successive month in August, dropping by 5.9 percent, according to the flash estimates of commercial transactions released by Hellenic Statistical Authority (ELSTAT) on Wednesday. The 12-month trail...
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Greek economic contraction during crisis higher at 24.6 pct, revised data shows
EconomyMacroeconomyThe Hellenic Statistical Authority (ELSTAT) released on October 10 a revision of national accounts for 1995-2013 so it is in line with the new European System of Accounts (ESA 2010) rather than the previous ESA 1995 before, which produced a deeper reces...
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September revenues drive 9-month Greek primary surplus up to 2.53 bln
EconomyGreece’s budget execution showed the primary surplus widening to 2.53 billion euros in the 9-month period from 1.95 billion in the 8-month, according to the preliminary data released by the Ministry of Finance (MoF). The improved month on month (MoM) pe...
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Fiscal consolidation leads Greek 9-month primary cash balance to 2.76 bln
EconomyMacroeconomyGreece’s central government primary cash balance showed a surplus of 2.76 billion euros in the 9-month period, from deficit of 3.32 billion last year, according to the Bank of Greece (BoG). This implies a fiscal consolidation in excess of 6 billion year...
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Greek industry's turnover index on the slide again in August after previous rises
EconomyAfter rising in the preceding two months, the Turnover Index in Industry was on its way down again in August, when it fell by 4.2 percent according to the Hellenic Statistical Authority (ELSTAT). The August figure is the fifth negative reading this year...
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Greek primary budget surplus rises to 2.53 bln at end of September
EconomyGreece’s budget execution showed the primary surplus widening to 2.53 billion euros in the 9-month period from 1.95 billion a month earlier, according to the final data released by the Ministry of Finance (MoF) on Tuesday. These numbers confirm prelimin...
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Significant rises for Greek economic sentiment, consumer confidence in October
EconomyMacroeconomyGreece’s economic sentiment improved in October for the first time since June. It reached 102.2 from 99.3 in September, according to the European Commission (EC). The September figure is the fourth reading above the 100-point mark in 2014 and the third ...
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Greek retail turnover advanced for the third straight month, 4.5 pct in August
EconomyMacroeconomyThe turnover of Greece’s retail trade index grew for the third successive month at an accelerating pace of 4.5 percent in August after a 1.5 percent rise in July, according to the Hellenic Statistical Agency (ELSTAT). Retail volume showed a similar tren...
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No prospect of compromise for entrenched Greek parties
PoliticsGreek PoliticsThere will be no meeting of political leaders in Greece to discuss bailout exit plans, debt relief or anything else despite a spate of meetings between party chiefs and President Karolos Papoulias, the only figure that has the authority to convene such ...
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