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  1. Doubts about GSI resurface as Turkey raises objections over electricity cable
    Photo by Naval Group

    PoliticsForeign Policy

    “provocative” and accusing Greece and Cyprus of proceeding without Turkey’s consent. The same sources

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  2. Debt relief or debt restructuring for Greece?

    Agora

    to the conclusion of the first economic adjustment programme more than 85 percent of Greece’s sovereign debt... of the eurozone’s member states, the ECB’s and the IMF’s vaults as well as on the balance sheet.... It took no less than European Commissioner for Employment Laszlo Andor of Hungary to get

    11%

  3. Marked rise in expenditure leads to a budget primary deficit in Nov

    Economy

    Greece’s budget primary balance turned to a deficit of 184 million euros in November following... surplus reached 4.35 billion euros, which is 21.9 percent higher than last year and 1.7 billion better than the target. The year to date outperformance mainly stems from lower primary expenditure

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  4. Primary surplus beat target in 2015 on higher revenues and restrained spending
    Photo by MacroPolis

    Economy

    Greece’s budget primary balance was confirmed at 2.27 billion euros in 2015 from 1.87 billion... marked by lower than expected primary expenditure by 626 million as well as higher than targeted Public Investment Budget (PIB) balance by 353 million. The monthly outcome showed a primary deficit of 2.07

    11%

  5. Budget primary surplus surges to 3.04 billion, extending outperformance
    Photo by MacroPolis

    EconomyMacroeconomy

    rose by 51.3 percent to 360 million, just 15 million lower than target. Overall, PIB balance showed... by more than 1 billion coupled with an increase in net revenues by 800 million. Compared to targets... - higher revenues (before tax refunds) by 291 million. The state budget balance also displayed a surplus

    11%

  6. Budget primary surplus of 2.5 bln in first half of 2016, revenues rebound in June

    EconomyMacroeconomy

    was 2.1 billion lower than target. Revenues (before tax refunds) also posted an overperformance of 1.06 billion. In addition, the Public Investment Budget (PIB) balance also came in 241 million above... million, which more than offset the primary expenditure being almost 200 million euros higher

    11%

  7. Budget primary surplus to Oct confirmed at 6.5 bln, 2.9 bln above revised target
    Photo by MacroPolis

    EconomyMacroeconomy

    . The outperformance mostly reflects a higher PIB balance (by 878 million), stronger revenue collection (by 825 million) and underspend (by 726 million). It is worth noting that the primary balance remained positive for the fifth straight month, at 1.06 billion in October. In addition, the budget balance

    11%

  8. Budget primary surplus at 1 bln in Jan as tax revenues outperform
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    expenditure and Public Investment Budget (PIB) balance came in 58 and 41 million lower than target. Moreover, the state balance recorded a surplus of 839 million in January, 5.5 percent below last year’s figure but 309 million better than target. Revenues Revenues (before tax refunds) rose by 10

    11%

  9. Newsletter 111 - 17/03/2017

    Newsletters

    they briefed more than 40 SYRIZA MPs about the details of a potential agreement earlier in the week... 93.41 bln in January The budget primary balance recorded a surplus of 2.12 billion euros in the first... by 1.26 billion, mainly on the back of significantly lower than targeted primary expenditure (by 866

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  10. Manufacturing PMI drops to 46.5 in April, lowest reading since June 2013

    EconomyMacroeconomy

    successive month with the extent of deterioration in vendor performance being the most marked since January

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