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Signifcant underspend covers revenue shortfall for budget primary surplus to August
EconomyMacroeconomythe 8-month figure down 4.7 percent to 30.26 billion, 4.23 billion short of target. Note though... to just 39 million. For the 8-month period, direct taxes are down 9.3 percent to 11.53 billion... by CIT (298 million). Indirect taxes fell 4 percent in August with the 8-month figure down 2.9
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Budget execution slips in Sept as 3.08 bln primary surplus turns to underperformance
EconomyMacroeconomyshrinking with the 9-month figure at 1.9 billion euros, down 17 percent from last year’s number. Revenues... in August, to 3.78 billion euros, bringing the 9-month figure to 35.04 billion, down 6.7 percent... reading in the course of 2015. However, the 9-month figure of 2.17 billion (down 40.5 percent) still
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Newsletter 53 - 27/11/2015
for Meimarakis to step down on Sunday, after suggesting in the previous days that he was using his position... on a level playing field. While stepping down, Meimarakis also called for Tzitzikostas to leave his... two months into his latest stint as prime minister, is down to 153 out 300 seats in Parliament
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Marked rise in expenditure leads to a budget primary deficit in Nov
Economymillion respectively leading the annual primary surplus target down by 364 million to 3.26 billion.... For the 11-month period, revenues reached 43.41 billion euros, which is down 2.4 percent. Despite... refunds jumped by 33.5 percent in November but the 11-month figure of 2.58 billion euros is still down
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Newsletter 66 - 11/03/2016
unemployment rate fell for the third straight month in December, when it edged down to 24 percent from... if the mechanism breaks down. European Union leaders and Turkish Prime Minister Ahmet Davutoglu are due to meet... the Aegean with the help of smugglers slip down the list of those eligible for resettlement, while others
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Budget for 2017 sees primary surplus at 2 pct on 2.6 bln fiscal measures, strong growth
EconomyMacroeconomyin at 20.21 billion next year from 15.03 billion this year. Moreover, interest payments are seen down... million in 2017, down by more than 100 million from 2016 figure of 586 million. Revenue..., while bonds are seen down by 8 billion due to redemptions. Interest payments as a percentage of GDP
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Newsletter 99 - 09/12/2016
to the private sector edged down by 43 million from the previous month to reach 6.32 billion at the end... expected for the whole year, tourism revenues are seen down from last year’s figure of 14.13 billion... is mainly due to a decrease in the goods index by 1.5 percent. Unemployment rate edges down Greece’s
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Credit contraction accelerates to 1.5 pct in Dec, net lending flow remains subdued
EconomyMacroeconomywith deductions of 3.14 billion in 2016, 4.8 percent lower than the 2015 figure of 3.29 billion. When broken down... 15 million. For the whole year, net deductions reached 255 million, while the loan stock edged down... 355 million in 2016, dragging the balance down to 24.65 billion at the end of December. There has been
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Number of new companies registering in 2016 half of those in 2008
Economyin 2016 down by 41 percent from 2012, other retail (3,200 down 49 percent), tourism and travel (1,347 up 31 percent), construction (986 down 25 percent), accounting and consulting (966 down 16 percent
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Credit contraction rises to 1.6 pct in Jan on extended deductions of 885 mln
EconomyMacroeconomy, with the balance edging down to 13.11 billion. On the household front, the acceleration in deductions led... in the previous month leading balance down to 61.23 billion. In addition, the lending flow in the consumer..., with cumulative net deductions of 40.8 billion euros over this period, which have led the loan stock down
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