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Budget surplus at 1.94 bln in 6-month, 1.51 bln above target on strong underspend
EconomyMacroeconomythan target coupled with higher than expected Public Investment Budget (PIB) balance by 272 million... underspend of 1.16 billion. The MoF said that the lower-than-expected expenditure stemmed mainly..., expenditure fell by 3.2 percent to 22.86 billion, 1.15 billion lower than target. PIB PIB revenues
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Bond success questioned as coalition looks to build on trial issue
PoliticsGreek Politicswas 4.625, lower than the 4.95 achieved by the Samaras government in 2014, allowed the SYRIZA-led... was higher now than it was in 2014 as Greece’s five-year bond yield has only fallen by 0.325... out that although Tuesday’s issue was oversubscribed by more than two times and had more than 200
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Coalition's ideological contrasts highlighted but Kammenos quashes rift talk
PoliticsGreek Politics-bearers at national parades based on the results of draws rather than academic achievements, Voutsis spoke of Greece having to emerge from its adjustment programmes as a modern state rather than... leader Kyriakos Mitsotakis projects a more reformist image than his predecessors, he has not sought
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Budget primary surplus at 3.05 bln in 7-month, above target on underspend
EconomyMacroeconomylower than target, coupled with a higher than expected Public Investment Budget (PIB) balance by 46... versus the target by 1.04 billion. The MoF said that the lower-than-expected expenditure stemmed mainly... off target. Overall, expenditure fell by 1.8 percent to 27.55 billion, 1.05 billion lower than
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Newsletter 133
this week to suggest that the stress tests for Greek lenders could take place earlier, rather than... of the tax-free threshold for incomes to be implemented in 2019, rather than 2020. This is also... target by 1.06 billion euros, driven by lower than targeted revenues in several categories
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Budget primary surplus of 4.54 bln in 9-month below target despite underspend
EconomyMacroeconomy-to-date target by 655 million euros, driven by lower than expected revenues in several categories... of this year’s ENFIA property tax being set for September rather than August as initially planned, combined.... The MoF said that the lower-than-expected expenditure stemmed mainly from reductions in earmarked
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Newsletter 139 -10/11/2017
being immediately arrested and charged (ex proprio motu) rather than for this to rely on authorities... the ENFIA property tax for anyone paying more than 500 euros a year. But this was dismissed as “populist... be taller than the Acropolis. KAS’s objection could represent an additional delay to building works
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Strike legislation, auctions present Athens with challenges in wake of SLA
EconomyProgrammeby first-degree unions, requiring them to have a quorum of more than 50 percent rather than the previous... rather than tag it onto legislation submitted by the Digital Policy Ministry, thus allowing a full.... These pieces of legislation aim to tackle most of more than 70 prior actions that remain
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Tusk proposals over refugee quotas puts Athens on alert ahead of EU summit
PoliticsGreek Politicsyet to be relocated under the quota system agreed more than two years ago. Hungary and Slovakia... the overcrowding at hot spots. There were more than 4,000 arrivals each month in September..., less than 2,000 migrants had been sent back by Greek authorities. The Greek government seems
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ECB survey shows enduring preference for cash payments in Greece
EconomyFeaturesin cash, with 26 percent of all rent in Greece being paid by this method rather than a bank transfer or card payment. The average for the euro area was 6 percent. Greeks were also more likely than any... have been possible. Greeks were also more likely than any other nationality survyed to have received
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