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Greece holds back spending, rakes in one-off revenues for 2.1 bln primary surplus at end of April
Economymillion above target), mostly due to a one-off item, coupled with a continued primary expenditure... to two items that were not incorporated in the 2015 budget numbers. The first relates to one-off income
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Tsipras needs to sign a deal, but which one?
AgoraItalian forces to enter the country in 1940, as well as referencing one of the country’s greatest poets... to implement one of the most drastic fiscal adjustment programmes the world has ever known has
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Greek train firm TRAINOSE attracts just one bid, no interest in rolling stock
EconomyThe Hellenic Republic Asset Development Fund (HRADF) announced on Wednesday afternoon that only one binding offer was submitted for the sale of 100 percent stake in TRAINOSE (operation and management... million euros. Ferrovie group, one of the leading industries in Italy, posted revenues of 8.6 billion
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Greece's pursuit of normality has only one starting point
AgoraParliamentary Committee in early April 2015. · The justice system is one of the least efficient in Europe... to is not Greece but Cyprus. Cyprus is one of the adjustment programme graduates and is often held up as a role
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Coalition returns to work with one eye on centre-left leadership contest
PoliticsGreek Politicsfrom TIF and the Macron visit, the coalition also has one eye on the developments at Greece’s centre-left parties, where the effort to create an alliance under one leader is expected to pick up
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Airport redevelopment gets green light, leaving one prior action as lenders return to Athens
EconomyProgrammeThe Council of State has approved the redevelopment of Athens’s former airport at Hellenikon, meaning just one prior action from the third review remains to be completed as the Greek government... in what will be one of the largest investments in Greece. What remains is for the casino license
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Over one in five Greeks struggled to make ends meet in 2017
SocietyNew data from Eurostat has revealed that over one in five Greeks is classed as severely materially deprived and were unable to make ends meet in 2017. Severe material deprivation is defined as being... equivalent) regularly, taking a one week holiday away from home and owning a TV, washing machine, car
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Despite recent improvement, more than half of Greeks unable to afford one-week holiday
Societyresidents of all ages who made at least one trip came to 4.8 million and the number of trips to 7.9... at least one trip for personal purposes was seen in those aged 45-64 where an increase of 5.7 percent
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DBRS ups Greece's rating one notch further into investment grade
EconomyOn Friday DBRS upped Greece's credit rating to ‘BBB’, one notch further into investment grade, while the outlook was lowered to stable from positive. After Scope Ratings in December, DBRS is the latest agency to take Greece further into investment grade, with Moody’s remaining the only one yet
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Primary cash balance posts deficit of 316 mln in first 5 months
EconomyMacroeconomya year ago. As previously noted, this year’s figure includes a one-off item of around 2 billion... of the year. It is noted that, excluding arrears’ payments, the respective figure dropped by 277 million
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