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Current account deficit drops in April on improved goods and services balance
EconomyMacroeconomymillion for the same month in 2018. Total exports of goods in April came to 2.84 billion euros, against 2.54 billion in April last year. Total exports of goods grew by 11.6 percent in current prices. In addition, non-oil exports rose by 11.4 percent at current prices. At the same time, total imports
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Gov't adopts patchwork of measures to overcome liquidity problems
EconomyProgrammerequested from Greek lenders that they retain their total T-Bill holdings at February 18 levels... paid so far in March a total of 1.24 billion euros to the International Monetary Fund in three tranches: 310 million on March 6, 348 million on March 13 and 581 million on March 16. The last tranche
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Disposable income rises by 5 pct YoY in Q2, final consumption up by 1 pct
EconomyMacroeconomy, an increase of 55.7 percent was seen. The figures showed that employees’ total remuneration rose by 5.2... billion. As mentioned, social security contributions rose by 3.3 percent and stood at 7.12 billion
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Primary cash deficit reduced to 5.72 bln in Sept as revenues climb
EconomyMacroeconomyGreece’s central government recorded a primary cash deficit of 5.72 billion euros up to September, from a deficit of 7.12 billion euros last year, according to figures released by the Bank of Greece... euros, bringing the total to 45.3 billion euros. The Public Investment Budget (PIB) balance came
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Personal responsibility and public healthcare: Greece on a wing and a prayer
Agorahealth care, lack of modern units, limited use of new technology, an almost total absence of control... rate, with total expenditure on health rising from 14.7 billion euros (8.6 percent of GDP) in 2003... of 1,500 motorcycle-riding policemen. even though Greece has 497 police officers per 100,000
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Govt counts cost of own energy package as hopes of coordinated EU response fade
PoliticsGreek Politics. The total cost is estimated at 5 billion euros, 2.5 billion for each phase. Funding for 2022 will combine... an immediate embargo on Russian oil, asking for such a measure to be delayed until autumn or winter..., are in favour of a staged oil embargo. Political pressure The government is sticking to the narrative
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General gov't primary cash surplus markedly better in July but arrears climb
EconomyMacroeconomyto the total fiscal outcome. Local governments showed a small cash surplus of 49 million from 273... deterioration posting a deficit of 395 million in the 7-month period compared to a surplus of 812 million... million (117 million in July) to 2.46 billion euros making up around 43 percent of total. State budget
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Overdue contributions rise at accelerating pace of 615 mln in Q4, stock climbs to 17.54 bln
EconomyMacroeconomy) to 615 million euros in the fourth quarter (Q4) of 2016, from 310 million in the previous quarter.... The released figures show that out of the total overdue stock of 17.54 billion euros, 12.62 billion (72 percent of total) involve main SSC debt and the remaining 4.92 billion surcharges and penalties
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Outsider Kasselakis on track to lead SYRIZA after securing key backers
PoliticsGreek PoliticsAchtsioglou who only managed 36.18 percent in the final count. A total 148,821 party members cast.... Libya debacle The government, meanwhile, is facing criticism over its handling of the deaths of five members of a Greek humanitarian rescue mission in Libya under unclear circumstances. The victims
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Newsletter 191 -25/01/2018
of over 2,500 euros a month stood at 310 individuals. From the total pension claimants, roughly 1.2...), which estimates pension payments on a monthly basis, showed that a total of 4.5 million pensions were paid in September 2018. The total sum involved came to 2.30 billion euros. The bulletin excludes
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