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  1. General govt primary cash surplus at 6.68 bln in October, arrears rise by 9 mln
    Photo by Manolis Tsafos/Fosphotos

    EconomyMacroeconomy

    ) and local governments (-5 million). Increases were noted in hospitals (+67 million), extrabudgetary funds (+45 million) and state budget (+7 million). Since the start of the year, total arrears have

    13%

  2. Chasing investment, the Greek dream
    Photo by MacroPolis

    Agora

    , investment spending stood at 17.24 billion euros in the third quarter of 2007, but hovered at just above 5... to 7 percent of GDP, from nearly 10 percent in the 2007 peak. In fact, investment spending in other

    13%

  3. Minimum wage increase set for end of January amid concerns about economic impact
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    Greece’s Labour Ministry is moving ahead with plans to increase the country’s minimum wage between 5 and 10 percent amid calls for caution over such measures. The issue is due to be discussed between.... According to reports, an increase of around 7 to 7.5 percent appears to be the favoured rate

    13%

  4. Retail turnover rises by 0.5 pct in Dec, with 2018 average increase at 2.1 pct
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    and cosmetics (-7 percent) and books, stationery and other goods (-5.1 percent). The volume increase..., showing an improvement of 10.5 points year-on-year. Consumer confidence fell by 5 points month

    13%

  5. Athens gearing up for new bond issue amid favourable market conditions
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    is 5 percent, whereas we can now borrow with 3.4 percent [from the markets] and the ESM loans... has already around 70 percent of the total 7 billion euros that Greece is in line to tap the markets

    13%

  6. Newsletter 202 -12/04/2019

    Newsletters

    owes to the IMF has an interest rate of nearly 5 percent. From a debt sustainability and fiscal... newspaper. The PDMA has already around 70 percent of the total 7 billion euros that Greece

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  7. Tsipras calls snap elections after heavy defeat that puts ND on course for clear majority
    Photo by MacroPolis

    PoliticsGreek Politics

    counted, New Democracy had 33.2 percent (7 MEPs) of the vote and SYRIZA 23.9 percent (6 MEPs... 5 percentage points. Furthermore, going into Sunday’s vote Tsipras had suggested that the European

    13%

  8. Primary surplus target still on lenders' agenda despite snap elections
    Photo by MacroPolis

    EconomyProgramme

    indicated that the institutions’ report, due on June 5, might remain private because snap elections... to the centre-right party being able to clinch a clear majority at the polls on June 30 or July 7 appeared

    13%

  9. General govt primary cash surplus at 1.68 bln in April, arrears rise by 164 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    ), extrabudgetary funds (-9 million) and state budget (-7 million). A rise of 283 million euros was noted... in March. EFSF/ESM/IMF loans edged down by 5 million euros and represented around 71.1 percent

    13%

  10. Tsakalotos douses talk of Tsipras facing post-election leadership challenge
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Given that SYRIZA is expected to lose the July 7 elections, questions are being asked about the party’s future and whether Alexis Tsipras will be in a position to continue as party leader. Finance... of Greek politics and happy to get around 5 percent. Given that there will also be expectations

    13%