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  1. IMF recognises Greek 2013 surplus, sees less burdensome financing needs
    Photo by MacroPolis

    Economy

    balance of 1.5 percent of GDP, which is marginally above its previous forecast of 1.4 percent... previous forecasts now settling at 15.8 percent of GDP in 2014 (from 25.1 percent) and at 10.2 percent

    7%

  2. Central gov't cash deficit down to 1.14 bln in March

    EconomyMacroeconomy

    numbers. b) The repayment of previous years’ arrears amounting to 6.14 billion, which was reported in BoG cash expenditure, but not included in budget figure as it referred to previous years’ fiscal

    7%

  3. OECD sees Greek recession continuing in 2014, slower recovery to follow
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    EconomyMacroeconomy

    percent in 2015. The updated forecasts are marginally better compared to the previous estimates... previous estimates, the OECD did not publish its fiscal balance projections under the Economic

    7%

  4. BoG sees encouraging signs for Greek economy but warns on reforms

    Economy

    Finance Minister next week. The central bank reiterates its previous estimates outlined in its... positive in 2014 at 1 percent of GDP lower than its previous estimate of 2 percent. The key contributor

    7%

  5. General gov't primary cash surplus for Jan-May reaches 1.22 bln as arrears drop

    EconomyMacroeconomy

    bulletin released by the Ministry of Finance (MoF). Excluding payments of previous years’ arrears... contribution to the overall balance. Like the previous months, extrabudgetary funds made up the highest

    7%

  6. Greek primary cash surplus reaches 1.8 bln in H1 2014

    EconomyMacroeconomy

    indicates that excluding payments of previous years’ arrears to the private sector, the underlying gg... that the government has paid previous years’ arrears of 435 million in the first half of the year, while

    7%

  7. State budget primary surplus widens to 2.28 bln at end of July after rise in revenues

    EconomyMacroeconomy

    . In addition, July revenues are by far the highest monthly figure in 2014, well above the previous high... performance in the previous month, the Public Investment Budget (PIB), showed a deficit of 287

    7%

  8. Athens pleased with Brussels appointments but new Commissioner faces big task
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    PoliticsGreek Politics

    trying to enter the country via Turkey, marking a 143.6 percent increase over the previous year... emerging as a compromise candidate. Although he has held significant posts in this and previous

    7%

  9. Greece's troika talks begin with apparent deal on 2015 surplus
    Photo by MacroPolis

    EconomyProgramme

    In contrast to previous first meetings between the Greek authorities and the heads of troika mission, the outcome of Tuesday’s inaugural meeting suggests an initial agreement on the fiscal target... from the first meeting despite previous rumors indicating that the government will insist on lowering

    7%

  10. Here's what's in the 2015 draft budget the Greek government has just unveiled

    EconomyMacroeconomy

    the Economic Adjustment Program (EAP) target of 1.5 percent. Compared to previous forecasts, the figures...) Further improvement in the collection of unpaid taxes of previous years following a series of actions

    7%