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Athens boosted by Lagarde's comments on primary surplus, but no move due for now
PoliticsGreek PoliticsThe government received some encouragement in its bid for lower fiscal targets from would-be European Central Bank president Christine Lagarde, even though Prime Minister Kyriakos Mitsotakis has put this pursuit on the backburner for the time being. Speaking to the European Parliament’s Economic
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New overdue tax debt comes to 104.8 bln in July, number of debtors jumps
EconomyMacroeconomyThe month-on-month rise in Greece's new tax debt came to 320 million euros in July, data from the Independent Authority of Public Revenues (IAPR) has shown. The aggregate figure for the first seven months of the year revealed that new tax debt totalled 3.93 billion, lower than the figure
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Building permits increase by 4.7 pct in June
EconomyMacroeconomythe total for 2017 by 1,478 permits. However, the total for the year is roughly 84 percent lower than
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Newsletter 219 -13/09/2019
billion, lower than the figure for the same period last year by 17.7 percent. In June the total stood
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Budget primary surplus at 2.90 bln in August
EconomyMacroeconomymillion. The MoF noted that the movements in expenditure against the target was mainly due to lower
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Fiscal issues dominate talks as fourth post-programme review ensues
EconomyProgrammegenerate the needed revenues to lower taxes. In fact, the lowering of the tax-free threshold was pre
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Budget primary surplus confirmed at 2.91 bln in August
EconomyMacroeconomyto lower interest payment expenditure by 205 million euros, under-execution of PIB by 380 million euros
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September employment balance stays positive by 2,651
EconomyMacroeconomyThe employment balance stayed positive in September with 2,651 more hirings than firings, data from the Labour Ministry’s Ergani information system showed. Compared to the same month last year, the hirings balance was 3,905 lower this September. Total hirings came to 308,121 versus 305,470
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Athens strives to bridge fiscal gap before unveiling 2020 draft budget
EconomyProgramme. The institutions also seem to have much lower expectations in terms of the revenues than
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Court verdict on 2016 pension reform seen having fiscal impact
Economylegislation is likely to lead to lower contributions for the self-employed and freelancers so
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