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BoG report outlines benefits of surveillance and scenarios for debt
EconomyBankingIn the Monetary Policy report that was issued on Monday, Bank of Greece (BoG) dedicates a section on the completion of the third programme based on the agreement that was reached at the June 21 Eurogroup, the post-programme surveillance and BoG’s own debt sustainability analysis (DSA) that examines
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If rising card use in Greece meets EU average, VAT revenues would see 3.3 bln boost - study
EconomyMacroeconomypayments in Greece reached the EU average level, annual VAT revenue would rise by 21 percent, or 3.3
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Greek debt management agency sees Eurogroup debt deal favourably
EconomyProgrammeGreece’s debt management agency, PDMA, issued a report on Wednesday in which it assesses the agreement reached on the June 21 Eurogroup concerning debt relief for the country. The PDMA notes that Greece’s debt now has a comprehensive package of debt relief measures that were nationally formulated
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General govt primary cash surplus at 1.65 bln in May on slower expenditure decline
EconomyMacroeconomyguarantees. Bank support fell by 30 million, while gg entities came to around 5.10 billion, declining by 21
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Pension cuts dominate discussion as eurozone prepares to release final bailout tranche
EconomyProgrammethe July 21 Eurogroup agreement and the European Stability Mechanism’s (ESM) executive board has not yet
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Commission sets out parameters for post-programme enhanced surveillance
EconomyProgramme) agreed at the June 21 Eurogroup will be implemented. “These profits will be transferred to Greece
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Unemployment rate edges up to 20.2 pct in April as number of employed dips
EconomyMacroeconomywhen the rate also came to 20.2 percent. The unemployment rate has remained under 21 percent for five
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Budget primary surplus at 617 mln in June as expenditure continues to fall below target
EconomyMacroeconomyexecution bulletin due on June 24. Tax refunds rose by 21 percent to 2.23 billion, higher than
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Greeks seen working longer, until July 18, to meet annual tax bill
Societyby around 42.8 percent since 2010, while Greeks have seen their annual take‐home pay decline by 21
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S&P revises outlook to positive, sees encouraging signs after debt deal
EconomyHaving updated Greece’s credit rating ahead of schedule at the end of last month in response to the June 21 Eurogroup decision and the conclusion of the third programme, S&P kept the country’s rating unchanged to ‘B+’ during its regular update cycle on Friday. The outlook was revised upwards
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