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Greek primary budget surplus eases to 1.95 bln on back of lower revenues in Aug
Economyrevenue targets included revenues of 884 million euros from the first two instalments of the new
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Greek gg primary cash surplus at 2.2 bln in 2014, arrears down to 3.75 bln
EconomyMacroeconomyThe Greek general government (gg) primary cash balance showed a surplus of 2.18 billion euros in 2014 from deficit of 884 million in 2013, according to the gg bulletin published by the Ministry of Finance (MoF) on Friday. However, the end-year figure of 2.18 billion euros was 1.5 billion lower than
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Soldiers' ongoing detention troubles Tsipras, riles Kammenos
PoliticsGreek Politicspresident operates like a “sultan.” Both comments seem to be an indication of the frustration
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Greece seeks better relations with Albania as wariness of Turkey grows
PoliticsForeign Policydescribed Turkish President Recep Tayyip Erdogan as a “sultan.” He also tried to distance himself
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Higher education in Greece needs radical overhaul to create labour-relevant workforce, study says
Societysector was 884 euros in 2016 compared to 1,054 euros in 2008. In the public sector, despite falling
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NBG 2024 profits at 1.16 bln, commision income up 12 pct at 427 mln
EconomyBankingIncome (PPI) stood at 1.9 billion, up by 5 percent annually. Operating expenses in 2024 were 884 million
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At sidelines of UNGA, Mitsotakis talks up Greece’s prospects as energy, tech hub
PoliticsGreek Politics, and with UAE Minister Sultan Al Jaber, who reaffirmed the Emirates’ commitment to expanding
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Complex privatisation fund faces tall order to reduce Greek debt
EconomyOn top of the fiscal measures yielding 3 percent of GDP by 2018, one of the key prior actions for the conclusion of Greece’s first programme involves the establishment of a new privatisation fund. This was envisaged in the Eurozone Summit statement of l...
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Officials order wider use of masks as upward trend for Covid-19 cases continues
PoliticsGreek PoliticsThe use of face masks for debates in Parliament became compulsory on Wednesday as Greek authorities try to re-instill a sense of caution in the public after seeing the number of coronavirus cases rise significantly this week. The decision to make MPs an...
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IMF paper suggests shadow economy still thriving
EconomyFeaturesshown that the phenomenon continues to persist in Greece. The paper aimed to note the drivers... of emerging economies. Explaining the impact of the phenomenon, the IMF said that “large shadow economies... to combat the phenomenon. These include increasing tax compliance by improving registration, audit
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