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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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European Commission review of Greek programme: The key points
EconomyProgramme), the EC estimates Greece would have needed an additional 5 billion to cover its financing needs until... that the financing gap until May 2015 is estimated at 5.5 billion euros. This figure reduces to 3.8 billion if we.... Although the anticipated financing needs of 5.5 billion until May 2015 could be broadly covered
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As Bank of Greece lines up Stournaras to take over, it reveals how risky things got during crisis
EconomyMacroeconomyof the first austerity measures on February 9, 2010 until the general elections on June 17, 2012. The respective figure as a percentage of GDP, which remained below 10 percent until the first quarter of 2010... was negotiating the second adjustment program. From the June 2012 elections until the end of that year, 9.7
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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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Newsletter 15 - 13/02/2015
, this is mostly due to extending the quarterly VAT payment by one month, until the end of February...,” said the SYRIZA leader. It is this extra step that Tsipras is now called upon to make. Until now... reckless or to bide their time and be supportive of negotiation efforts until they collapse in failure
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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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