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Budget primary surplus at 3.05 bln in 7-month, above target on underspend
EconomyMacroeconomyThe budget primary balance recorded a surplus of 3.05 billion euros in the first seven months...) preliminary budget execution bulletin showed on Monday. The seven-month primary surplus for July beat... lower than target, coupled with a higher than expected Public Investment Budget (PIB) balance by 46
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Budget primary surplus at 3.02 bln in July, above target by 926 mln on strong underspend
EconomyMacroeconomyThe budget primary surplus was confirmed at 3.02 billion euros in July, up by 11.4 percent against the figure from last year which stood at 2.72 billion, the Finance Ministry (MoF) final budget.... In addition, the Public Investment Budget (PIB) balance was above the target by 46 million. The monthly
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Budget passed but coalition handouts draw attention
PoliticsGreek PoliticsThe 2018 budget was approved by Parliament with no problems for the government, although it appears... announced over the last few days. The budget received 153 votes, which tallies with the number... the budget as the last of the memorandum era and highlighted positive macroeconomic data as well
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Budget surplus beats July target on lower investment spending as tax refunds fall short
EconomyMacroeconomyGreece’s budget primary balance came to a surplus of 2.09 billion euros in the first seven months of 2018, according to the July preliminary budget execution bulletin published by the Finance..., above target by 354 million euros. The budget balance up to July this year recorded a deficit of 1.56
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Athens prepares 2019 draft budget amid pension cuts dilemma
EconomyProgrammecuts, when it submits the draft 2019 budget but finds itself in a delicate balancing act between domestic political pressures and the creditors’ concerns. The draft budget is due to be submitted... move or attempt to force the hand of the creditors by not including the cuts in the draft budget
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Athens to send draft budget to Brussels after talks with IMF on pensions
EconomyProgrammeThe Greek government is expected to submit to the European Commission a version of its 2019 budget..., Athens has decided to stick with the formula it followed earlier this month and not send the budget... budget that will be sent to the European Commission will include 1.1 billion euros of tax cuts
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European Commission approves 2019 budget, urges focus to meet end of year reform goals
EconomyProgrammea budget for 2019 in compliance with the commitment to achieve a primary surplus of 3.5 percent... to meet the objectives. More specifically, the package of discretionary measures in the 2019 budget has been finalised and meets the agreed primary surplus target with the overall budget balance next
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Budget approved as party machinations intensify
PoliticsGreek PoliticsThe 2019 budget was voted through Parliament on Tuesday night following another head-on clash... expansionary budget after eight years of austerity and highlighted the recent “positive” measures... Parliament. The first was announced before the leaders’ debate on the budget and involved independent
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Budget surplus overshoots 11M target due to lower primary expenditure, investment spending
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 7.63 billion euros in the first 11 months of 2018, according to the final budget execution bulletin for November published by the Finance... target. Net revenues came to 47.47 billion euros, bettering the target by 760 million. The budget
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Budget primary surplus at 1.46 bln in Mar, beating target by 2.42 bln
EconomyMacroeconomyThe budget primary balance recorded a surplus of 1.46 billion euros in the first three months...) preliminary budget execution bulletin showed on Monday. The primary surplus surpassed its target by 2.42... for March 2018 which landed at a deficit of 329 million euros. The budget balance in the first three months
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