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Budget primary surplus of 3.6 bln by July, monthly revenues short of target by 315 mln
EconomyMacroeconomy, largely attributed to lower expenditure (2 billion below target) and higher than expected revenues... million lower than that in the first half. For the full year target of 50.57 billion euros to be met... expenditure increased by 4.1 percent to 22.31 billion in the 7-month period and remains more than 2
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Greece's harsh social reality
Agoramarriages of all durations, the most marked rise was in marriages of more than 10 years, where... from employment. In the same year, more than 1.1 million Greeks were living in low-work intensity homes, where working-age members worked less than 20 percent of their work potential and availability
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Budget primary surplus of 3.8 bln to Aug beats target by wide margin
EconomyMacroeconomylast year, and 98 million higher than target. Overall, net revenues grew 1.9 percent in August and 4.1..., remaining 2 billion lower than target. MoF said that compared to last year, expenditure increased by 292... the 8-month figure stood at 4.79 billion, down 2.3 percent and 69 million lower than target. Summing
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Newsletter 92 - 14/10/2016
production by 4.6 percent, which accounts for around 21 percent of the total index that more than... the beginning of the year. The sale of passenger cars, which make up more than 83 percent of vehicle sales...’s lenders. Tsipras suggested the upcoming second programme review would be “less difficult” than
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Budget primary surplus to Sept reaches 5.45 bln on strong revenue performance
EconomyMacroeconomymillion euros better than their target. The over-performance to September continues to reflect...-than-targeted ENFIA revenue collection in September could lead to lower than initially estimated..., 1.91 billion better than the target. The Finance Ministry noted that compared to last year
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Rise in overdue contributions slows to 310 mln in Q3, total at 16.9 bln
EconomyMacroeconomyof the total overdue stock of 16.92 billion euros, 12.23 billion (more than 72 percent) relate to main...-September figure standing at 303,821 debtors. The breakdown shows 40.3 percent of debtors owe less than... includes 122,319 debtors and recorded a drop by 1,772 from the previous quarter. In addition, more than
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Budget primary surplus to Oct hits 6.5 bln as revenues deliver again
EconomyMacroeconomyby more than 800 million for the second straight month. The primary surplus for the 10-month period... billion better than target. Revenues Revenues (before tax refunds) improved 7.8 percent in October... period, 145 million lower than target. Overall, net revenues rose by 9.3 percent to 40.07 billion
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Three-quarters of Greek workforce struggles to make ends meet
Societythan double the EU average, according to a report by Eurofound, an EU agency that studies living... “well”. The results suggest that Greeks are more likely than their EU peers to worry about work “always... of its workforce (43 percent) who work more than 40 hours a week in their main job, a rate far above
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Significant revenue outperformance drives budget primary surplus to 4.4 bln in 2016
EconomyMacroeconomyto 584 million from less than 300 million in each of the previous eleven months, while the full year... than target. In a separate table, MoF revealed that the settlement of general government arrears via... balance recorded a huge deficit of 1.93 billion in December, higher than that of 1.78 billion posted
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IMF examines where programme went wrong, what lessons were learnt
EconomyProgrammeprojections, largely due to lower growth and deflators, while unemployment was much higher than originally... the sustainability assessment around the gross financing needs (GFN) metric rather than a specific debt... per review in Greece was much higher than in other comparable countries. According to the report
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