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  1. Cash primary surplus reaches 1.3 bln at end of June on lower expenditure

    EconomyMacroeconomy

    , while the respective items reported in the budget execution bulletin by the Finance Ministry (MoF... figures are not directly comparable. The budget primary surplus of 1.88 billion euros for the first... reflects higher budget revenues (by 1.23 million) and expenditure (by 68 million) and change in state

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  2. Newsletter 91 - 07/10/2016

    Newsletters

    Draft budget published Eurogroup to take stock of milestone implementation The 2017 draft budget.... The draft budget outlines a number of fiscal measures worth 2.59 billion euros for 2017, of which... published its fiscal estimates, which stand below Greece’s bailout programme Draft budget outlines a number

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  3. Newsletter 141

    Newsletters

    budget sees strong growth in 2018 Several key items revised against both the MTFS and draft budget The Finance Ministry this week tabled in Parliament the final version of the 2018 budget showing significant cuts to growth for 2017. The budget is hoped to be the last under the programme. Following

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  4. Newsletter 206 -17/05/2019

    Newsletters

    Budget, which will impact growth. Alternate Finance Minister Giorgos Houliarakis joined the debate... the basis of post-programme surveillance, or the state budget. Greece submitted to the European Commission..., the state budget primary balance showed a fall of 426 million euros to come to 1.17 billion euros

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  5. Newsletter 269 -16/10/2020

    Newsletters

    is also reflected in the draft budget for next year, which envisions a recession of 8.2 pct in 2020. Other analysts, including the Parliamentary Budget Office, see the disappointing tourism season...-time employment came to 50.5 percent of the total and part-time came to 40.5 percent. Budget primary

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  6. Primary balance on target in Oct, revenues beat target thanks to tax and tourism VAT
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance up to October landed at a deficit of 7.2 billion euros, compared... (MoF) budget execution data released on Monday. The primary balance was broadly in line... interest payments and the public investment budget, came to 43.89 billion euros. Net revenues came

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  7. CPI down 1.3 pct in April as Greece remains in deflation for 14th month

    EconomyMacroeconomy

    and footwear (-2.2 percent) and hotels, cafes and restaurants (-2.2 percent). The latter’s movement... beverages and tobacco were the two sectors posting price increases at 2.2 and 0.9 percent respectively

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  8. Newsletter 239 -14/02/2020

    Newsletters

    . EC ups growth to 2.2 pct in 2019 Strong performance of 15-year bond bodes well for market strategy... of the regular winter forecast cycle, revising upward its expectations for the growth of 2019 to 2.2 percent from... growth stands at 2.2 percent. Net exports are the main contributor for last year’s performance

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  9. On Portugal, PSI and a national salvation pact

    Agora

    interest expense (called a primary budget surplus) of €7.2 billion a year or whatever amount... a primary budget surplus of 4.3% of GDP. Portugal has had a negative primary budget balance for over 15 consecutive years. The highest primary budget surplus ever realized over the past 36 years

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  10. Central gov't cash deficit shrinks to 1.27 bln in April

    EconomyMacroeconomy

    the respective MoF numbers for the budget execution are disclosed on a modified cash basis. Cash revenues... percent drop. The respective 4-month budget item stood at 13.84 billion, corresponding to a deviation... at a much slower pace by 3.2 percent to 16.13 billion. The respective 4-month budget figure stood

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