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  1. Newsletter 167 -22/06/2018

    Newsletters

    billion euros per year from 2023 to its European lenders. The Eurogroup decided on Thursday... revision (if the plebiscite is won) will take at least until the end of this year, giving the Greek... next year and to then use this as a springboard for snap elections, possibly at the same time

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  2. New overdue taxes rise by 428 mln in June, total stock above 102 bln
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The aggregate figure for the first half of the year showed that new tax debt totalled 5.19 billion, lower than the figure for the same period last year by around 283 million (-5.2 percent). After rising... level for the year so far. May’s VAT collectability rate had stood at 85.2 percent. The amount of VAT

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  3. Primary cash surplus up to 16.76 bln in Aug on improved revenues and cash buffer disbursement
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in the first eight months of the year, Bank of Greece (BoG) figures have shown. The headline figure includes... a worsening by 1.12 billion euros compared to the figure for the same time last year, which stood... million euros or just under 2 percent in August compared to the same month last year. Monthly

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  4. Draft budget contains two scenarios on pensions, charts course within agreed fiscal targets
    Photo by MacroPolis

    EconomyMacroeconomy

    year. The budget was submitted late in the day, possibly because it coincided with the Eurogroup... the possibility of pensions not being cut by 1 percent of GDP next year despite the measure being pre-legislated in 2017. The macroeconomic assumptions for the new year are broadly in line

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  5. Unemployment at 19 pct in July as inactive population increases
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    year, the unemployment rate came to 20.9 percent. July’s figure marks the fourth consecutive month... month-on-month, or a fall of 0.8 percent. Year-on-year, the figure for those employed increased... percent. Compared to July last year, the number of those unemployed went down by 104,449 or by 10.4

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  6. Primary cash surplus at 19.54 bln in October on monthly and aggregate expenditure falls
    Photo by MacroPolis

    EconomyMacroeconomy

    in the first ten months of the year, Bank of Greece (BoG) figures have shown. The headline figure includes... time last year was 2.88 billion euros. The overall cash balance posted a deficit of 334 million euros, improving by 233 million euros compared to last year’s figure which came to a deficit of 567

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  7. Primary cash surplus at 20.34 bln in November as revenues grow
    Photo by MacroPolis

    EconomyMacroeconomy

    in the first eleven months of the year, Bank of Greece (BoG) figures have shown. The headline figure... for the same time last year was 2.33 billion euros. The overall cash balance posted a surplus of 193 million euros, improving significantly on the deficit of 1.37 billion euros from the same period last year

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  8. Newsletter 190 -18/01/2018

    Newsletters

    PASOK leader was in favour of the agreement when KINAL’s political council met last year to decide... at five-year low As Greece approaches the six-month mark after officially exiting its final bailout... percent year-on-year (YoY) between December 2017 and December 2018. The latest year’s data

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  9. Unemployment rate at 18.5 pct in Nov as jobless drop below 900,000
    Photo by MacroPolis

    EconomyMacroeconomy

    in October, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday. For the same time last year... the month, employment increased by 30,010 people month-on-month, or a rise of 0.8 percent. Year-on-year... stood at 3.22 million, declining by 27,385 month-on-month and by 58,336 year-on-year

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  10. General govt primary cash surplus at 1.98 bln in March, arrears rise by 62 mln

    EconomyMacroeconomy

    months of the year, down by 556 million euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin. In the underlying subcategories, the biggest year-on-year (YoY) decline was noted in social security funds with an annual fall of 179 million euros

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