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Primary surplus inches up to 2.9 pct in Greece's 2015 draft budget
Economysector. Kathimerini also noted that the Finance Ministry anticipates increased revenues by 1 billion... in the number of installments for unpaid taxes and social security contributions (from 12 up to 100... the target by almost 1 billion. However, 8-month revenues fell short of their target by 107 million
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Fitch keeps Greek rating at 'B' with stable outlook
Economyaccount surplus stands at 1 percent of GDP supported by reduced imports, buoyant tourism receipts... notches to Caa1 with a stable outlook in August 1. In addition S&P upward revised its rating on Greece by one notch to B with a stable outlook on September 12. However, Moody’s rating on Greece stands two
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Unpaid taxes up to 1.22 bln in October as total reaches 71.2 bln
EconomyMacroeconomya revenue gap of 1 billion in 2015. GSIS also provided the year to date evolution of efficiency...) at 1 billion in the first half of 2014 and 2 billion for the whole year. The first target was almost... by the end of the year. For the first half, the actual figure fell short of the target, landing at 12
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Greek travel receipts continued upward course in October, rising by 4.6 pct
EconomyMacroeconomyby a decline in the travel spending per trip by 12 percent to 502 euros. October The breakdown of incoming... of UK tourists slowed to 1 percent in October from double-digit levels in the preceding months... to 11.3 billion, corresponding to an increase by more than 1 billion compared to last year’s figure
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Our most popular stories in 2014
Agora. It is estimated that 1 million houses in Greece were built after 2000 but only 10 percent is inhabited... percent in 2008-2012, apartments grew by 1 percent, while other type posted a double-digit annual growth... monthly benefits of 360 euros for the first 12 months they are not working. As a result, only 15
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Newsletter 11 - 16/01/2015
is not completed. These are: 1. Losing tranches amounting to 7.2 billion euros, half of which relate to two IMF... government and the troika, which expected it to reach between 0.8 and 1 percent. December’s deflation... 12 months. Secondly, that the authorities in Athens have complied with the reform requirements laid
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In effort to reach new deal, Greek government cannot ignore liquidity constraints
EconomyProgrammebonds will not be eligible for ECB funding purposes as of March 1. This development follows an ECB... and sight recorded inflows of around 1 billion each. However, banking sources stress that outflows...), the other critical political milestones for February involve the European Council on February 12
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Newsletter 19 - 13/03/2015
-bill and begin implementing after Easter, which falls on April 12 in Greece, to secure.... On the current level of ELA funding of 65.6 billion, this translates to almost 1 billion higher interest... not qualify for ECB eligibility as of 1 March 2015. Thus, if the ECB eases its stance, then Greek banks could
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Newsletter 21 - 27/03/2015
that Greece may achieve a primary surplus of 1 percent of GDP this year if the government does... tobacco advertising in sport and journalists discovered that Formula 1 boss Bernie Ecclestone..., Katrougalos’s legal practice was contracted to win back the civil servants’ jobs in return for 12
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This is how Greece kept its budget on track in Q1
Agoraoutperformance. What lies behind this performance: 1) Other healthcare expenses (covering hospital... the gap reported so far. Other primary expenditure was just 12 million above target in January... contained: 1) Consumption and non-allocated expenditure, which stood at 127 million in Q1 at just 8.1
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