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Budget deficit of 6.38 bln in Aug confirmed; target beaten due to one offs
EconomyMacroeconomyThe budget primary balance was confirmed at a deficit of 6.38 billion euros in the first eight months of 2021, compared with a deficit of 5.48 billion in the same period last year, the final Finance Ministry (MoF) budget execution data showed on Monday....
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VAT and income taxes buoy revenue performance as primary surplus target is beaten in Sep
EconomyMacroeconomyThe budget primary balance in September was confirmed at a surplus of almost 6 billion euros, compared to a surplus of 52 million euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Wednesday....
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Newsletter 356 - 21/10/2022
sheets becoming tidier and their profitability reaching a point where dividends could be distributed
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Gaza continues to expose political fault lines as PM hopes peace deal brings less scrutiny
PoliticsGreek Politicsaid flotilla to Gaza. Earlier in the week, 161 of the activists who were part of the Global Sumud
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Mitsotakis breaks the ice in Sochi but Russia's wariness remains
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis and Russian President Vladimir Putin held constructive talks on Wednesday in Sochi, without, however, reaching an agreement that would upgrade bilateral relations outside a framework of mainly cultural exchanges and th...
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Reshuffle and handouts put on ice as New Democracy closes ranks ahead of local elections
PoliticsGreek PoliticsThe political reverberations of a summer of natural disasters have forced yet another change of course on Prime Minister Kyriakos Mitsotakis, who has ahead of him the difficult tasks of delivering a much-diminished economic programme at Thessaloniki and...
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Newsletter 273 -13/11/2020
with the second wave. The government’s narrative of careful planning and calculated risk-taking has... was the cause of the second wave, arguing that the rise in infections over the summer months... “criminal complacency” following the suppression of the first wave. He criticised the PM for blaming
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Credit contraction decelerates to 0.9 pct in April, net additions climb to 659 mln
EconomyMacroeconomy. The positive flow in April is almost entirely attributed to corporate sector net additions of 763... positive for the third successive month, with net additions climbing to 763 million in April
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Newsletter 83 - 22/07/2016
percent to 22.39 million. It is worth noting that revenues have steadily beaten targets over the past... that not awarding any bonus to the winning party would create political instability. Analysis indicates... for the winning party, or the one in second place, to gather multiple partners to form a new
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Tsipras's choices are becoming clearer but not any easier
Agorasurplus target being beaten by 1.5 percentage points in 2016 (an assessment that the European... of Greece governor Yannis Stournaras said that a legally-binding commitment to implement further debt... into any binding discussion about debt relief. However, it is doubtful if Tsipras’s hard-pressed MPs
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