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  1. Current account surplus jumps to 4.25 bln in July on SMP returns and nosedive in imports

    EconomyMacroeconomy

    exports also fell by 5 percent to 14.84 billion. BoG said that the improvement in the goods’ balance... stable month on month at 5.1 billion in July, while slightly increased from last year’s figure of 5

    5%

  2. Greek 2016 draft budget contains 6.4 bln in new fiscal measures, sees recession ahead

    EconomyMacroeconomy

    ) Public sector pension reforms (258 million) 5) Reduction in the heating oil subsidy (105 million...) taxation of 30 percent on Video Lottery Machines (VLTs) (227 million) 5) Increase in the tax rate

    5%

  3. OECD sees recession in 2015-16, stresses need for reform implementation

    EconomyMacroeconomy

    ) released on November 5. However, the OECD sees the Greek economy recovering at a slower rate of 2.1 percent... percent in 2016 and 5 percent in 2017. In contrast, imports are forecasted on negative grounds in 2016

    5%

  4. Greek economy surprises in Q3, eases by a marginal 0.5 pct

    EconomyMacroeconomy

    on October 5, the base macroeconomic assumptions included those forecasts, which were also reiterated... Commission (EC) revised those figures in its autumn economic forecasts published on November 5 seeing

    5%

  5. Central gov’t debt rises to 314.6 bln in Q3 on eurozone tranche and GGB redemptions

    Economy

    of Q3 outstanding debt has a residual maturity of more than 5 years, mostly due to FSM loans, while... to 5 years) debt. After reaching a record low of just 77.3 million at the end of June, Greece’s cash

    5%

  6. Greece gets tranche and looks ahead to next tasks, including pensions and NPLs

    EconomyProgramme

    these recommendations by March 2016. 5) Strengthening the independence of the revenue administration, with the MoU... to be implemented by mid-December. Parliament is scheduled to vote on the 2016 budget on December 5.

    5%

  7. Q3 GDP slips 0.9 pct QoQ on lower private consumption and investment

    EconomyMacroeconomy

    , imports over the 9-month period declined by 5 percent with the respective goods and services’ figures... forecasts published on November 5. It sees a milder recession of 1.4 percent in 2015 but did

    5%

  8. Coalition poised to unveil pension reform proposals, hoping to avoid cuts
    Photo by MacroPolis

    EconomyProgramme

    is defined as the level of pension amount relative to the employee earnings. 5) Contributions...) for supplementary pensions. The 2016 budget voted on December 5 incorporated pension interventions

    5%

  9. Jan-Feb budget primary surplus soars to 3.04 bln, aided by underspend and PIB revenues

    EconomyMacroeconomy

    in both direct and indirect taxes by 5 and 5.4 percent respectively. In detail, income tax fell by 4.7... property tax (ENFIA) in the 2-month period, but MoF stressed that ENFIA revenues (paid in 5

    5%

  10. Inauguration of TAP pipeline project offers investment, diplomatic boost
    Photo via http://www.tap-ag.com/

    PoliticsForeign Policy

    will be in Greece, 211 kilometres in Albania, 104 kilometres offshore, and 5 kilometres in Italy. TAP also... (20), Snam (20), Fluxys (19), Enagas (16) and Axpo (5). TAP also offers potential benefits

    5%