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Greece closes 2013 with 691 mln budget primary surplus despite late investment spend
EconomyMacroeconomyof the year. Thus, the PIB expenditure, in which there was a consistent underspend until November, closed... a surplus until November with a material positive impact on budget balance outperformance throughout... for the next year. Media reports indicate that the troika will not return to Athens until it is clear
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Troika returning to Greece but key decisions still months away
PoliticsGreek Politicscomments at Monday’s Eurogroup that any discussion about more loans for Greece has now been put off until... that the release of the final tranches of existing bailout funding would see Greece fully funded until August... also been put off until the summer. “The debt has to be reduced. The question is who does it and how
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UnLuCky for some: Another painful lesson from the euro crisis
Agorathey did not control. The euro’s problems suddenly became national rather than common. Until... until it is your exports that finance your imports and your trade is balanced. Disposable incomes were... unemployment gave rise to informal wage reductions and more flexible forms of employment until the troika
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Election drums beating louder in Greece
PoliticsGreek Politicsthe public officials could have stayed in their jobs until December, as the next vote is not due until... are on the way. Had they waited until early elections were announced and then announced their resignations
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Tsipras sticks to pre-election pledges as eurozone negotiations loom
PoliticsGreek Politicsa moratorium on all of his planned measures until the summer, by when a comprehensive agreement between... have proposed until now. He repeated Athens’s desire for a “bridging agreement” that would tide Greece over until the summer. As mentioned before, the SYRIZA-led coalition wants the go-ahead to issue
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Greece's fiscal, debt and funding goals as set out at Eurogroup
EconomyProgrammeeuros of payments to the IMF until June and asked the Eurogroup to disburse the ECB’s SMP profits of 1.9... of that, he suggested that a bridge financing mechanism to run until end-August could include the issuance... an interest of around 2.5 percent, have a maturity of 39 years and amortize from 2023 until 2054. 2
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Greek gov't targets unpaid social security contributions: The numbers involved
Economyat 50 euros. The proposed intervention targets SSC past due until February 1, while those applying... this settlement, the Labour Ministry aims to collect revenues of 1.5 billion euros until 2018... be tabled until the end of April and the outcome for the first months would be critical
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Big falls for economic sentiment and consumer confidence in April
EconomyMacroeconomyfigure shows it fell to a historic low of 74.8 in March 2009 and displayed high volatility until October 2012. It then moved in upward direction until June 2014 (to 104.2) but has been declining since... 2011 and displayed high fluctuation until August 2013. Since then, it shows an upward trend, yet
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Greek DSA: Don't Say Anything about the debt
Agorato 3 percent of GDP in 2015 from 1.5 percent in 2014, and remain above 4 percent of GDP until 2022.... There is a forecast for high privatization proceeds that exceed 1 percent of GDP each year until 2020, peaking at 1.7... on the shoulders of Greece, until the eurozone had the mechanisms in place to safeguard the euro. SYRIZA also
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Finance Ministry wavers as revenues remain at the forefront
EconomyProgrammeof around 80 billion since the beginning of the crisis until November 2014 and additional 30 billion... have settled tax arrears of 3.5 billion euros until May 22. The settlement process, which started 38 days agos was initially due to expire on Tuesday but the deadline was extended by one month until
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