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  1. Significant revenue outperformance drives budget primary surplus to 4.4 bln in 2016
    Photo by Panyiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s budget primary surplus stood at 4.39 billion in 2016, almost double the 2015 figure of 2.27 billion, the Finance Ministry (MoF) preliminary budget execution bulletin revealed on Tuesday. The headline figure beat the full-year target by 2.41 billion largely due to revenue outperformance

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  2. Primary cash surplus of 1.95 bln in 2016 including arrears’ repayment of 3.85 bln

    EconomyMacroeconomy

    Greece’s central government primary cash surplus fell to 1.95 billion in 2016 from 3.49 billion in the previous year, Bank of Greece (BoG) figures displayed on Tuesday. It should be pointed out, though, that 2016 figure includes arrears’ repayment of 3.85 billion from zero last year, of which 470

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  3. ESM board to specify rules on short-term debt relief measures
    Photo by MacroPolis

    EconomyProgramme

    of bank recapitalisation in December 2015. According to reports, Piraeus Bank’s board approved

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  4. Stocks fall for second straight week amid soft volumes
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    guidance of 4-7 percent for the whole year. Public Power Corporation’s (PPC) Extraordinary General

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  5. Only 11.5 pct of Greek businesses made web sales in 2016

    Society

    as to provide links to the business’s social media accounts. However, only 27.5 percent

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  6. Tax revenue overperformance leads budget primary surplus to 4.44 bln in 2016
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s budget primary surplus almost doubled to 4.44 billion euros in 2016 from 2.27 billion in 2015, the Finance Ministry (MoF) final budget execution bulletin showed on Tuesday. The preliminary figures published a week ago had displayed a primary surplus of 4.39 billion, 45 million lower than

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  7. Overdue contributions rise at accelerating pace of 615 mln in Q4, stock climbs to 17.54 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ). The number of this bracket’s debtors stands at 75,698 and recorded a rise by 2,261 QoQ. On the other

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  8. Disposable income drops by 2.3 pct in Q3 on sharp rise in taxes
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    landed at 28.86 billion euros in Q3, down by 668 million from the previous year’s figure of 29.53

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  9. Retail sales rise at an accelerating pace of 1.8 pct in Nov
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index increased at the higher pace of 1.8 percent in November, from an upward revised 1.4 percent growth in October, Hellenic Statistical Agency (ELSTAT) data displayed on Monday. The November headline figure is the third straight positive reading

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  10. Economic sentiment stays stable at 95.1 in Jan, consumer confidence dives 3.4 pts
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) remained at 95.1 in January, unchanged from the previous month, the European Commission (EC) figures revealed on Monday. This means that the headline figure stayed at its highest level since March 2015, when ESI stood at 97.6. Consumer confidence fell by 3.4 points

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