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PMI improves by 2 pts in June to rise above 50-pt mark on higher production, employment
EconomyMacroeconomyGreece’s Manufacturing PMI rose by 2 points to 50.4 in June from 48.4 in May, Markit’s monthly survey showed on Friday. The headline figure for June represents an expansion, albeit marginal... reduction of backlogs but the rate of drop was the slowest so far this year. However, total new orders
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Privatisation projects gather pace as Athens targets 2 bln in revenue for 2018
EconomyProgrammeare expected to bring in over 2 billion euros over the next few years. DEPA In early June, Energy... its stake, the government could then add up to 14 percent of its own stake to bring the total offer
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Industrial turnover grows by 5.7 pct YoY in Dec - 2024 rise at 2 pct
EconomyMacroeconomy2024, the industrial turnover was up by 2 percent. Manufacturing revenue was up by 5.5 percent..., industrial turnover in the total market increased by 4.3 percent, led by increases of 4.1 percent
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Greek fiscal deficits and debt since 2000
Agoraof the Hellenic Ministry of Finance, that the Syriza 2 government (from September 2015 to July 2019... a look at Syriza 2. This administration ran an average overall surplus of 0.1 percent of GDP a year... that the economy is growing. But the stock of debt during Syriza 2 increased by some €19 billion
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Greek banks' equity raising could keep official support to a minimum
Economypercent of nominal value for senior notes, at 80 percent for Tier 2 and at 50 percent for Tier 1.... The remaining 2 billion to cover the total capital needs of 4.6 billion will be covered by the HFSF..., and hybrid securities is activated. CoCos, which qualify as Common Equity Tier 1 (CET1) capital “pari passu
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Greek Jan-Apr primary budget surplus rises above 1 bln despite revenue shortfall
Economyto 1.15 billion euros. Both headline figures show a marginal deviation of just 2 million compared... shows that total expenditure dropped 8.4 percent to 15.88 billion, 977 million better than the target
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New tax arrears rise by 832 mln in Oct to total of 10.38 bln in 2015
Economyof the August figure by more than 1 billion euros to 1.67 billion from 645 million before. A smaller... of total new unpaid taxes over this period. At the same time, legacy tax arrears, which include..., and write-offs of 406 million. As a result, the total stock of new and legacy tax debt advanced
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New overdue tax obligations increase by 754 mln in April, total up to 94.8 bln
EconomyMacroeconomy. Of this year’s amount, almost 3 billion, corresponding to around three quarters of the total, relate to tax categories with one third (1 billion) related to the four key taxes. Taking into account that tax... of collected taxes per month there is another 1 billion of unpaid taxes each month of this year. At the same
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Sudden jump in unpaid taxes last month takes total to almost 70 bln
EconomyMacroeconomyfrom around 1 billion in the preceding two months, according to data provided by the General... that the first-half target of legacy debt collections of 1 billion set by the Ministry of Finance (MoF... to collect an additional 1 billion in the second half of 2014, which corresponds to 167 million per
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New overdue taxes jump by 1.35 bln in Sept, driving total stock to 92.8 bln
EconomyMacroeconomythe biggest revenue gap in September. It reached 389.6 million euros as 891.8 million of the total... by 343,565 in September, after falling by 98,052 in August. The total reached 4.37 million. The notable...-controlled companies and local governments. Overall, the total stock of overdue taxes, including
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