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  1. Budget primary deficit of 7.46 bln confirmed for July as revenues sag
    Finance Ministry

    EconomyMacroeconomy

    than the monthly target. Net revenues came to 23.84 billion euros in the aggregate period, as mentioned... than the target. On an aggregate basis, tax revenues came to 22.63 million euros, missing the target by 3.62 million euros or 13.8 percent lower than the target. Tax refunds came to 2.84 billion euros

    10%

  2. Greece raised lower than expected amount from 3-year bond issue, yield at the high end

    Economy

    ” The MoF statement also notes that total offers reached 3 billion euros, materially lower than the 20... more than 550 orders from the investment community. The last time Greece issued a 3-year bond

    10%

  3. Samaras tax cut pledges aimed at MPs rather than voters
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    words were primarily aimed at MPs rather than voters. The only tangible announcement made by Samaras... tax would be 283 percent higher than in 2012, when it was raised from 60 to 330 euros per 1,000

    10%

  4. The Greeks deserved better than this
    Photo by Harry van Versendaal

    Agora

    back down at the last minute, giving Tsipras a deal that would be better than the one he could get... by the International Monetary Fund) rejected more than half of nearly 8 billion euros in measures

    10%

  5. More than half of small businesses saw turnover dive by at least 50 pct due to capital controls
    Photo by MacroPolis

    Economy

    in a sample of 1,005 very small and small companies. According to the survey, more than half of firms reported a drop in their turnover of more than 50 percent, with 32 percent indicating a decline

    10%

  6. EC study: VAT gap in Greece at 34 pct, more than double the EU average

    Economy

    in 2012 remaining consistently more than double the EU average. The only three countries that have... the exemption gap was 37.1 percent higher than the EU average of 32.6 percent. A similar pattern

    10%

  7. Omnibus bill prompts no more than rumblings of discontent from coalition MPs
    Photo by MacroPolis

    PoliticsGreek Politics

    instalments between October and February, rather than the six that were originally planned to start... Democracy rather than SYRIZA. Overall, the displeasure expressed by SYRIZA lawmakers appears to have been

    10%

  8. IMF far more pessimistic than eurozone on Greek debt, urges significant relief
    Photo by Panayiotos Tzamaros

    EconomyProgramme

    thereafter up to 275 percent in 2060 mostly due the anticipated high cost of market financing more than... with weaker than expected policies resulting in lower primary surpluses of 1 percent of GDP

    10%

  9. Third review seen taking longer than Athens had hoped
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    is considered easier than previous inspections by the creditors. The official’s comment, though, indicates... stance on the Greek issue than the SPD and Merkel’s CDU and this may upset Greece’s hopes of seeing debt

    10%

  10. First bond of 2022 attracts fewer offers, more than double last year's yield at 1.83 pct
    Photo byPanayotis Tzamaros/Fosphotos

    Economy

    over mid-swap. Market reaction was positive and by 11 CET the books had more than 11 billion euros... of 0.888 pct. More than 300 accounts were drawn in, dominated by real money. Hedge funds accounted

    10%