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Newsletter 147 -19/01/2018
with the coalition during the ballot on the 2018 budget in December. Her addition was seen... to a surplus of 1.95 billion euros for 2016, Bank of Greece (BoG) data revealed this week. December’s figure... includes arrears’ repayments of 2.12 billion euros, of which 228 million euros were paid in December
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New overdue taxes rise by 1.25 bln in Dec, total for 2018 at 106.62 bln
EconomyMacroeconomyThe month-on-month rise in Greece's new tax debt came to 1.25 billion in December, increasing from... categories showed a rise of 1.21 billion month-on-month in December, increasing on the rise of 801 million noted in the previous month. The VAT collectability rate rose to 86.7 percent from 81 in December
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Newsletter 235 -17/01/2020
budget level than it was. In a statement accompanying the preliminary budget release for December... in December, following a rise of 0.2 percent in November, marking two positive readings after three negative...-on-month, December’s CPI increased by 0.7 percent from November, compared to a monthly rise of just
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Greek gg primary cash surplus at 2.2 bln in 2014, arrears down to 3.75 bln
EconomyMacroeconomy. Arrears Arrears (including tax refund arrears) declined for the second straight month in December, at an accelerating pace of 17.6 percent after a 9.6 percent drop in November. December reading indicates... of December, 803 million lower than the end-November figure of 4.56 billion and 1 billion below
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ELA funding down by 8.6 bln in Dec for sharpest drop since July
EconomyMacroeconomyby 5.89 billion in December after a 5.98 billion fall in November, Bank of Greece's (BoG) 2015 balance... of December, which is the lowest reading since March 2015. The decline in December is fully attributed... to 68.91 billion in December reflecting the reduced uncertainty after the signing of the third bailout
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Deposit inflows of 2.65 bln in Dec, highest positive flow since Feb 2013
EconomyMacroeconomyThe Greek banking system displayed deposit inflows of 2.65 billion euros in December following... flow in December indicates the highest reading since February 2013 and is also attributed... with inflows of 2.59 billion over this 5-month period primarily stemming from the December performance
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Greek banks conclude series of corporate actions as part of restructuring
EconomyBanking(NBG). NBG repaid on December 15 the contingent convertible bonds (CoCos) worth 2.03 billion euros it had issued on December 9, 2015, which were held by the Hellenic Financial Stability Fund (HFSF... Supervisory Mechanism (SSM). It is worth noting that NBG paid on December 9 to the HFSF 165 million euros
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Tax revenue overperformance leads budget primary surplus to 4.44 bln in 2016
EconomyMacroeconomybillion euros in December from a surplus of 915 million in the previous month. The state budget deficit... billion better than target. Revenues Revenues (before tax refunds) edged down 1.5 percent in December... in 2016. As we have noted, revenue collection in December was also supported by the payment of road
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Newsletter 279 -13/11/2020
Mitsotakis said in a TV interview in December. At the time, the premier admitted that the lockdown... in December Economic sentiment edges up to 91.5 Greece’s manufacturing PMI rose to 46.9 points in December... deterioration in the Greek manufacturing sector. Production continued to decline sharply in December
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Current account deficit drops sharply to 14.13 bln in 2023 as energy effects moderate
EconomyMacroeconomyGreece’s current account recorded a deficit of 2.25 billion euros in December, from a deficit of 3.3 billion euros in November, Bank of Greece (BoG) data showed on Tuesday. In December 2022, the balance showed a deficit of 2.71 billion euros, while in December 2021 the current account posted
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