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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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Jobs, hundreds of thousands of jobs
Agorabillion euros in 2013 to 207 billion by the end of 2020. This implies growth will never drop below 2.5..., according to FT Alphaville. If you appreciate strong views and economic charts look out for Yiannis
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Historic victory for SYRIZA in EU vote unlikely to dislodge Greek coalition
PoliticsGreek Politicsthat there is strong momentum in its favour. It is no surprise that in his post-election address Prime Minister... opposition party could point to the fact that New Democracy and PASOK (Elia) saw their share of the vote drop
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Budget execution shows primary surplus of 711 mln, 503 mln ahead of target
EconomyMacroeconomyin April), which led the 5-month figure up 4 percent to 18.57 billion. In addition, the strong revenue... billion dragged by higher tax refunds. The drop in primary expenditure accelerated in May to -3.3
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BoG sees encouraging signs for Greek economy but warns on reforms
Economythat support the BoG’s expectations stem from the bottoming out of the drop in consumption, the positive contribution to GDP growth that strong tourism receipts and increasing shipping receipts are making
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Greece prepares for a 3-year benchmark bond issue
Economyat a yield of 2.05 percent, down 10 basis points from last month’s auction. The cumulative drop of the 6-month T-Bill stands at 210 bps since the beginning of the year. Strong investor interest for Greek
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Central gov't primary cash surplus reaches 1.37 billion in first half of year
EconomyMacroeconomyshowed a 1.2 percent decline. The reversal of the year to date revenue trend is owed to the strong... a single-digit drop of 6.5 percent to 23.44 billion. The respective 5-month budget figure stood
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