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  1. Current account deficit rises to almost 2 bln in Jan, highest since 2011
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    euros, compared to a deficit of 1.58 billion euros in the same month last year. Total imports came to 6.35 billion euros, from 4.02 billion last year. At the same time, total exports came to 3.31 billion..., from 128.5 million euros last year. The capital account came to a deficit of 221.9 million euros

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  2. Current account deficit for Jan-Feb at 4.12 bln, significantly higher than 2021
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Total imports came to 6.76 billion euros, from 4.1 billion last year. At the same time, total..., from a deficit of 84.2 million euros last year. The capital account came to a surplus of 27.7 million

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  3. ND stakes claim on social policy, highlighting referendum anniversary
    Photo by MacroPolis

    PoliticsGreek Politics

    emigration, a massive pensions backlog, inequalities in the workplace and a total lack of policies..., we remember what happened in 2015 and how close we came to total disaster. We paid a heavy price for the choices made that year”. The reference to the referendum and the introduction of capital

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  4. Newsletter 411 - 09/02/2024

    Newsletters

    (HFSF), with the transaction attracting very strong interest. Total demand exceeded the offered... by 20 pct, bringing the total to 31.05 billion euros. Imports dropped by 13.3 pct, while exports... the medical school of the private University of Nicosia in partnership with private equity firm CVC Capital

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  5. Time running out for government action out as water crisis deepens
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to five years. While such shortfalls represent a small percentage of total demand, they could still... while neglecting irrigation — which accounts for nearly 85 pct of total water consumption... a storm battered Athens, causing flooding in some parts of the capital. He stressed that the problem

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  6. Newsletter 508 - 12/06/2026

    Newsletters

    . Investment growth was solid in Q1, up by 12.1% annually, although total gross capital formation... percent, bringing the total to 10.44 billion euros. Imports rose by 3.3 pct, while exports increased

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  7. General gov't primary cash surplus rises to 3.4 bln in Oct but arrears also growing

    EconomyMacroeconomy

    in the 10-month period, with the state budget figure at 2.03 billion, making up more than half of total. Last... funds' arrears rose by 141 million MoM to 2.47 billion making up half of total arrears. Hospitals’ arrears followed suit accounting for 18 percent of total. In absolute figures, they hiked to 904

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  8. General gov't cash surplus sees large contraction in Jan-Feb, arrears edge up

    EconomyMacroeconomy

    of total arrears. These two gg entities also recorded the highest rise in arrears year to date at 300... budget arrears increased by a modest 9 million MoM to 144 million (3.7 percent of total), while local governments’ arrears remained almost stable at 239 million (6.2 percent of total). In contrast

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  9. General gov't primary cash surplus markedly better in July but arrears climb

    EconomyMacroeconomy

    to the total fiscal outcome. Local governments showed a small cash surplus of 49 million from 273... million (117 million in July) to 2.46 billion euros making up around 43 percent of total. State budget... million corresponding to more than 13 percent of total arrears. Arrears due to hospitals’ suppliers also

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  10. General government primary cash surplus widens to 2.5 bln by May, arrears resume upward trend

    EconomyMacroeconomy

    to date, reaching 3.07 billion and making up 43.6 percent of total arrears. Hospitals’ arrears stood at 1.15 billion (16.3 percent of total) having risen by 215 million in the course of the year, while.... In addition, tax refund arrears stood at 1.26 billion euros, accounting for almost 18 percent of total

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