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Budget primary surplus at 3 bln in Feb as tax performance moderates
EconomyMacroeconomyThe budget primary balance produced a surplus of 3 billion euros up to February, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday. The primary balance came in at 1.04 billion euros above the target. Expenditure, excluding interest payments
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Newsletter 291 - 02/04/2021
points. Retail turnover drops by 5 pct in January Volume decreases 3 percent, led by decline... fell by 3 percent after a revised decrease of 11.5 percent in the previous month. Compared... order growth. The headline figure was in part due to a further deterioration in vendor performance
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Newsletter 43 - 18/09/2015
, which, if there are eight parties in Parliament (with Independent Greeks not passing the 3 percent... will unlock the next tranche of 3 billion, eligibility for the ECB’s quantitative easing programme.... This would be the ideal option in terms of establishing a strong presence in Parliament and a large
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Newsletter 138
to 5.34 billion in the first nine months of 2017, up marginally (by 3 million euros) compared... fuel, which fell by 3 percent. The seasonally adjusted (SA) retail sales index declined by 2.3... to Athens, which would also be conditional. The latter two options are not ideal from the creditors
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Athens meets bond targets despite testing market conditions
EconomyMinistry provided the details of the transaction for the 3 billion notes due 15 February 2025... percent. The final terms of the transaction were released at 14:20 GMT, accepting 3 billion euros from... the announcement on Monday, the volatility in the US equity market did not create the ideal conditions
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Newsletter 329 - 25/02/2022
year, a fiscal turnaround of close to 3 pct of GDP. According to the Finance Ministry’s budget... rising to 195 billion euros. A primary surplus of 1.5 pct of GDP in 2023 translates into roughly 3... contained, towards 11.1 pct of GDP in 2060. Even in this rather benign and ideal scenario for Greece
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Newsletter 362 - 09/12/2022
, exports of services dropped QoQ by 3.4 pct, although they grew by 3 pct compared to last year... that a spokesman for the Greek Foreign Ministry admitted that an export license had been granted to spyware vendor
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Should Greece really ask for a debt haircut?
Agoradebt servicing costs being reduced to between 3 and 4 percent of GDP in the coming years. The debt... and that a haircut might not be an ideal solution. One good reason for a writedown of Greek public debt
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Athens wrestles with timing of market return, aiming for maximum impact
PoliticsGreek Politicsthat the issue was seven times oversubscribed, but in July there were only 3 billion euros of offers... as the ideal platform for a return to the markets the following week. Thursday, July 27 has been reported
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The tie that binds
Agora) and the disbursal of more than 3 billion euros to buy back some of the 10.4 billion euros that Athens owes.... It is less than ideal but the eurozone has shown throughout the last eight years that it deals in what
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