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  1. Greek primary budget surplus at 707 mln as revenues beat target in May

    Economy

    billion). The upward revision mainly stemmed from higher revenue targets (by 1 billion) counterbalancing.... The decrease in primary expenditure mainly reflects lower grants to the social security sector

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

    EconomyMacroeconomy

    euros, meaning that the gg deficit has widened by around 1 billion in May, mainly reflecting state.... The recorded drop mainly reflects a reduction in the guarantees related to the Emergency Liquidity

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  3. Greece ponders how to deal with rising unpaid private debt, which hit 88 pct of GDP

    Economy

    mainly stem from IKA, Greece’s largest social security fund covering 5.53 million workers, and OAEE.... The potential solution mainly involves an out-of-court mechanism where all creditors will decide

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  4. Parliament's budget office sees Greek recovery finely poised

    EconomyMacroeconomy

    in the upcoming ECB stress tests, according to the PBO, mainly because it could use different assumptions..., this is mainly attributed to an improvement in the services’ balances, on higher than expected tourism

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  5. Greek retail sales dive 8.5 pct in May after brief rise in April
    Photo by MacroPolis

    EconomyMacroeconomy

    is mainly attributed to the Easter period, which has a seasonal positive impact. In 2014, Easter... optimistic outlook is mainly driven by the lifting of uncertainty following the completion of local

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

    EconomyMacroeconomy

    mainly reflects increased revenues of 6.05 billion euros compared to 3.63 billion in June... 85.7 percent mainly due to the exceptional revenues of 2.2 billion posted in the corresponding month

    1%

  7. Small but rare rise of 0.4 pct for Greek retail turnover in June
    Photo by MacroPolis

    EconomyMacroeconomy

    percent posted in April 2014. The slight growth in July turnover mainly reflects a double-digit rise... rose 6.4 percent month on month (MoM), mainly reflecting a rebound in all categories by 2.3 to 10.7

    1%

  8. Greek primary cash surplus widens to 3.2 bln in 7-month
    Photo by MacroPolis

    EconomyMacroeconomy

    repos to cover short-term funding gaps. The year to date movement in long-term loans mainly... billion at the end of July and mainly reflects: a) The elimination of the guarantees related

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  9. Car sales up by 20.8 pct in August but rise continues to slow

    EconomyMacroeconomy

    of the 8-month period in each of the preceding five years mainly for seasonal reasons. The aggregate...) the double-digit rebound in car sales this year mainly stems from improved consumer confidence and strong

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  10. Greek primary budget surplus to August narrows to 1.95 bln on lower revenues

    Economy

    in July. This is mainly attributed to a month on month (MoM) drop in revenues to 3.51 billion, broadly... billion, 423 million short of target. This mainly reflects an underperformance of property taxes, while

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