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Budget primary balance dips to deficit of 1.51 bln in April on Covid-19 measures
EconomyMacroeconomyThe budget primary balance recorded a deficit of 1.51 billion euros in the first four months... in the first four months of the year recorded a deficit of 4.06 billion euros compared to a deficit of 1.04.... For the same period last year, interest payments stood at 2.50 billion. During the first four
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Primary cash balance deficit climbs to 2.62 bln in April largely on revenue deterioration
EconomyMacroeconomyin the first four months of the year according to figures released by the Bank of Greece (BoG). The cash... billion euros in April and came to 2.43 billion euros. The aggregate figure for the first four... euros to 3.40 billion. Overall expenditure in the first four months showed a rise of 1.57 billion euros
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Newsletter 251 -22/05/2020
before the end of ND’s four-year term, however, almost half believe that they could be held sooner... balance recorded a deficit of 2.62 billion euros in the first four months of the year according.... The aggregate figure for the first four months of the year showed that revenues fell by 1.56 billion
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General govt primary cash deficit of 1.85 bln in Apr as revenues decline
EconomyMacroeconomyGreece’s general government (gg) primary cash deficit came to 1.85 billion euros in the first four... to a surplus of 1.17 billion euros. The breakdown of the figures showed that in the first four months...-on-month drops were noted in four out of six underlying subcategories. The biggest decrease came from
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Newsletter 283 -05/02/2021
NBG Frontier securitisation means all four systemic banks now participating The government’s Hercules... includes all four systemic lenders following National Bank of Greece’s application to participate.... The four systemic banks have said that their strategy over the next two years will focus on reducing
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The final stretch: Can fearmongering swing the German electorate?
Agora-called ‘Jamaica coalition’ four years ago with the CDU and the Greens, but pulled out at the last minute... not to govern, then to govern badly.” The consequence of this decision were four more years of a Grand Coalition... four years. Parts of the electorate has turned greener, while the SPD has again found its footing
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Newsletter 341 - 10/06/2022
that he wants to see out his four-year term, which is due to end next summer. Tsipras, like his New... four months ago, while SYRIZA’s backing had edged up from 23.7 pct to 23.9 pct. PASOK-KINAL suffered... was to be expected as there was a contraction in the first quarter of last year - the last in a series of four
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Newsletter 365 - 13/01/2023
in total capital needs of 40.54 billion euros, of which 27.5 billion related to the four core banks... investment in the four core banks amounted to 25 billion euros via European Financial Stability Fund... in NBG, 83.66 pct in Alpha and 81.01 pct in Piraeus. In Q2 2014, the four banks proceeded to a second
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HFSF sets out bank divestment strategy, marking final chapter in turbulent story
EconomyBankingeuros, of which 27.5 billion related to the four core banks: Alpha Bank, Eurobank, NBG and Piraeus Bank. In the first round of recapitalisation, The HFSF’s investment in the four core banks amounted... in Piraeus. In Q2 2014, the four banks proceeded to a second round of recapitalisation after a follow
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Tsipras tries to keep spotlight on ND, talks up election chances
PoliticsGreek Politicsfor “four out of the 49 years” since the fall of the military dictatorship in 1974. He also hit back.... Tsipras argued that New Democracy has to explain why the project was not completed in its four years..., and the catalogue of errors that led to it, stretching beyond its four-year tenure has gained limited
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