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Budget primary surplus reaches 3.6 bln in 7-month, monthly revenues miss target in July
EconomyMacroeconomyfrom 3.71 billion last year, the Finance Ministry (MoF) final budget execution bulletin displayed... in the course of this year. The state budget balance showed a deficit of 832 million in the 7-month period, slightly down by 1 percent from last year, yet beating target by 2.65 billion. Revenues Revenues
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Newsletter 96 - 18/11/2016
it will enter an election year in 2017. The Greek minister insisted the issue holding Berlin back... percent year on year (YoY), indicating the first positive reading since Q4 2015 and the highest... in the first nine months of the year. The Finance Ministry and European Commission estimate
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Newsletter 137 -27/10/2017
during the week, although one of the trickiest issues, concerning Greece’s fiscal performance next year... was the discussion about whether this year’s primary surplus target of 1.75 percent of GDP will be met. The institutions appear to agree with Athens that there will be an over-performance this year. The question
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Newsletter 138
to the state, according to reports. A decision on what will be done with this year’s excess surplus... to the same time last year, according to the Finance Ministry’s (MoF) monthly gg bulletin. Social... to 952 million for the same period last year. Local government recorded a surplus of 132 million
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Newsletter 142 -1/12/2017
by the end of the year. The goal is to then step the number up to 500-700 in January, according to reports..., increasing by 9.7 percent against last year’s figure of 4.86 billion euros, the Finance Ministry’s (MoF... the highest figure for the year so far. On an aggregate basis, gross revenues came to 42.47 billion euros
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Newsletter 150 -26/01/2018
and eight former ministers as having received under-the-table payments. It has been known since last year... in the week, Greece opened the book of offers for a syndicated seven-year bond this week. The Public... by issuing a 7 year bond with a yield of 5.9 percent. In its winter forecast released this week
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Newsletter 170 -13/07/2018
VAT rates for any longer than this year, while the intervention from Germany served as a reminder... Parliament so that the local elections, which were due to take place in October next year, are held... April’s figure is the first time since November 2017 when a year-on-year increase was noted in monthly
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Newsletter 206 -17/05/2019
the end of the year. The government has moved ahead with a host of voter-friendly measures... Accounting Office and the Bank of Greece, there is a trend in the first quarter of the year... forecasts of primary surpluses ranging from 4.1 percent of GDP this year to 4.6 percent in 2022
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Current account deficit widens in March due to deteriorating goods trade balance
EconomyMacroeconomymillion in February, Bank of Greece (BoG) figures showed on Tuesday. In the same period last year, the deficit stood at 1.15 billion euros, suggesting a year-on-year (YoY) deficit increase of 352 million.... The services balance improved to a surplus of 589 million from 383 million a year ago, an increase
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Travel balance surplus up by 29 pct in Q1 to reach 165 mln
EconomyMacroeconomyan increase of 29 percent compared to the surplus of 127 million noted for the same period last year... percent in travel payments. Foreign visitors were up by 7 percent year-on-year, which was the main... by 15.9 percent year-on-year to 251.4 million. Those from non-euro area visitors increased by 37.7
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