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Strong primary surplus of over 8 bln at close of 2025 as spending is contained
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 8.09 billion euros for 2025, compared to a surplus of 8.7 billion euros a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Monday. Expenditure, excludi...
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Despite strong close in Dec, industrial turnover up by just 0.3 pct YoY in 2025
EconomyMacroeconomyGreece’s industrial turnover recorded a significant rise of 5.6 percent year-on-year (YoY) in December, from unchanged in November, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. The previous two months were revised...
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Strong travel receipts in Jan, balance up 157.6 pct YoY
EconomyMacroeconomyGreece's travel balance recorded a surplus of 234 million euros in January, compared to 313.2 million euros in December, according to data released by the Bank of Greece (BoG) on Tuesday. The January balance was 157.6 percent higher than the 90.8 millio...
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Strong rise in food sales pushes 7 pct YoY increase in Jan retail
EconomyMacroeconomyThe growth of Greece’s retail sales jumped by 7 percent year-on-year (YoY) in January, after a rise of 6.4 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. The corresponding volume index also rose by 4.5 per...
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Government tries to purge police of Golden Dawn influence as poll shows support
PoliticsGreek Politicsactivities after tending to turn a blind eye to its actions. There are strong indications that Golden Dawn... SYRIZA, which saw its backing drop from 23.8 percent to 22.7.
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Golden Dawn draws support from surprising sources to retain popularity
PoliticsGreek PoliticsGolden Dawn maintains a strong following in Athens, a new poll has shown, but it is drawing support from sources that many Greeks and commentators might find surprising. According to an opinion poll... into Golden Dawn’s activities, this level of support could drop in the weeks to come. However
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October budget revenues beat target by 24% but gg arrears reach 2.47 bln in 2013
EconomyMacroeconomywith their outstanding balances down by 885 and 640 million respectively so far this year. The recorded drop... consecutive month. Following this unexpectedly strong performance, the year-to-date revenue
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Primary surplus at 2.1 bln in Feb, ahead of budget execution target
EconomyMacroeconomyto the exceptionally strong Public Investment budget (PIB) revenues of 1.56 billion in February. Revenues... in the February budget execution but will be incorporated in the 2013 fiscal outcome. The drop
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Buoyed by troika deal, Greece aims for rapid return to bond markets
Economyof 1.5-3 billion euros. The government believes that there would be strong investors’ interest... within 2013, the drop in the T-Bill yield was just 21 bps.
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EU funds and limited expenditure drive primary budget surplus to 2 bln in Feb
Economy, respectively, in January. The latter was reversed primarily due to the exceptionally strong Public Investment... a moderate rise of 1.6 percent to 7.87 billion, 6.8 percent short of target. The drop in primary
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