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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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Unpaid taxes rise by 1.03 bln in May, taking total to 77.88 bln
EconomyMacroeconomythat effective new tax debt makes up 61.6 percent of new tax arrears from 44.5 percent in January when... of 870 million and write-offs of 239 million. Overall, the total stock of new and legacy debt edged
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Greece makes first contact with new Syrian leader as PM chases up missile issue in Paris
PoliticsForeign Policy, as was the case with the maritime memorandum between Libya and Turkey in 2019. Turkish officials have
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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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Athens pleased about new EU-Egypt deal, seeks closer ties with Cairo
PoliticsForeign Policywith flows to the Italian and Greek (from Libya to Crete) coasts. Europe is offering a "strategic... urgently needs Egypt to control migration flows from its borders with Libya and, secondly, to improve its... not control the border with Libya, from where Sudanese refugees and Egyptian migrants cross
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Newsletter 182 -9/11/2018
as it finally makes use of the greater room for manoeuvre provided by the exit from the third bailout... (EC) issued on Thursday its regular autumn forecasts for 2018. The Commission makes a point... the social security subsidy for young workers will cost 103 million euros, producing a combined total
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