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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 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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Budget primary surplus at 7.61 bln in November as expenditure curtailed
EconomyMacroeconomyThe budget primary balance came to a surplus of 7.61 billion euros in the first eleven months of 2018, according to the preliminary budget execution bulletin for November published by the Finance... in the previous month. The balance a year ago showed a deficit of 683 million euros. The budget balance
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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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Budget primary surplus confirmed at 1.46 bln in April, above target by 2.31 bln on higher revenues
EconomyMacroeconomyThe budget primary balance recorded a surplus of 1.46 billion euros in the first four months... budget execution bulletin confirmed on Monday. The primary surplus surpassed its target by 2.13 billion... for the same month last year which showed a deficit of 79 million euros. The budget balance in the first four
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