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Newsletter 92 - 14/10/2016
production by 4.6 percent, which accounts for around 21 percent of the total index that more than... the beginning of the year. The sale of passenger cars, which make up more than 83 percent of vehicle sales...’s lenders. Tsipras suggested the upcoming second programme review would be “less difficult” than
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Budget primary surplus to Sept reaches 5.45 bln on strong revenue performance
EconomyMacroeconomymillion euros better than their target. The over-performance to September continues to reflect...-than-targeted ENFIA revenue collection in September could lead to lower than initially estimated..., 1.91 billion better than the target. The Finance Ministry noted that compared to last year
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Budget primary surplus to Oct hits 6.5 bln as revenues deliver again
EconomyMacroeconomyby more than 800 million for the second straight month. The primary surplus for the 10-month period... billion better than target. Revenues Revenues (before tax refunds) improved 7.8 percent in October... period, 145 million lower than target. Overall, net revenues rose by 9.3 percent to 40.07 billion
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Three-quarters of Greek workforce struggles to make ends meet
Societythan double the EU average, according to a report by Eurofound, an EU agency that studies living... “well”. The results suggest that Greeks are more likely than their EU peers to worry about work “always... of its workforce (43 percent) who work more than 40 hours a week in their main job, a rate far above
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Significant revenue outperformance drives budget primary surplus to 4.4 bln in 2016
EconomyMacroeconomyto 584 million from less than 300 million in each of the previous eleven months, while the full year... than target. In a separate table, MoF revealed that the settlement of general government arrears via... balance recorded a huge deficit of 1.93 billion in December, higher than that of 1.78 billion posted
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IMF examines where programme went wrong, what lessons were learnt
EconomyProgrammeprojections, largely due to lower growth and deflators, while unemployment was much higher than originally... the sustainability assessment around the gross financing needs (GFN) metric rather than a specific debt... per review in Greece was much higher than in other comparable countries. According to the report
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Newsletter 107 - 17/02/2017
of measures substantially lower than 3.6 billion euros. Following this, Athens also wants the creditors... the target by 342 million, a performance largely attributed to higher than expected revenues (by 340... million lower than target, respectively. Specifically, revenues (before tax refunds) rebounded
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Greeks full of contradictions on ideology and political beliefs, study suggests
Societybelieving “socialism” to be a more positive term than “capitalism” while, at the same time, espousing...” was more important than “equality”. This proportion was replicated among SYRIZA voters, some 30... in ten believing that the country needs “less public sector”, Greeks are generally more liberal than
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Greek households spend greatest share of income on accommodation in EU
Societyin the country spending a greater share of their income on accommodation than in any other member... than 40 percent of their income on housing (known as housing cost overburden), compared to an EU... in property arrears and they are about four times more exposed than non-poor households. Greece
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Report reveals just 0.4 pct of taxpayers owe 85 pct of total tax debt
EconomyMacroeconomyof taxpayers (3.61 million). Those taxpayers owe less than 3,000 euros each. It is also worth noting that 2.39 million taxpayers (55.4 percent of total) owe less than 500 euros each. In contrast, just 16,290 taxpayers (0.4 percent of total) owe more than 300,000 euros each for a total amount of 78.79 billion
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