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Budget primary shows deficit of 5.86 bln in June, target shortfall widens to 6.18 bln
EconomyMacroeconomybasis, net revenues came to 3.20 billion euros which was 955 million euros lower than the monthly... in the aggregate period, as mentioned, 3.67 billion euros lower than the target of 22.90 billion... of the coronavirus pandemic. State budget total revenues stood at 21.37 billion euros, lower than
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Newsletter 260 -31/07/2020
rather than design. In response to increased activity from the Turkish fleet in Aksaz and Izmir... for the award is much less than the 3.9 billion euros estimated originally. The government has made the savings... to those on more than 800 euros a month. The opposition, however, seized upon the government’s
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Hirings balance positive by almost 70,000 in July, reflecting late summer season openings
EconomyMacroeconomyThe employment balance was positive by 67,911 more hirings than firings in July, according to data... than usual activity of hirings during June and July. These extraordinary circumstances led... there were 34,900 more people hired than fired. The least was recorded in the over 64-year olds
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Greece's post-lockdown hubris
Agorabecome fairly prevalent among the public at large: More than half of respondents to a survey conducted..., social media is twice as popular among younger age groups than are conventional news websites... themselves set the first example. No sooner were movement restrictions lifted, than politicians
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Budget primary deficit of 7.46 bln confirmed for July as revenues sag
EconomyMacroeconomythan the monthly target. Net revenues came to 23.84 billion euros in the aggregate period, as mentioned... than the target. On an aggregate basis, tax revenues came to 22.63 million euros, missing the target by 3.62 million euros or 13.8 percent lower than the target. Tax refunds came to 2.84 billion euros
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Newsletter 267 -02/10/2020
from corporations to tackle late payments, higher than the EU average of 47 percent. Greek... percent compared to 2018. Half of households surveyed spent more than 1,151 euro per month. The main... than the share of the median equivalent consumption expenditure of the poorest 20 percent
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Bound to lose
Agoraemotions being cut short. Hopefully, any probe will take less than the five interminable years needed... assigns excessive importance to the symptoms, rather than causes, of Greece’s economic, political... such a landmark occasion by speaking more as a party leader, rather than a prime minister. His words
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Newsletter 271 -30/10/2020
is still more than twice the number of cases that were being reported last week. The committee’s... of these concerned workers on furlough for three months, receiving less than 50 percent of their salary... than 200 euros per month. In Q2 2019, only 1 percent of employees had a net monthly income of 200
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Govt scurries for effective Covid-19 response as opposition finds more holes to pick
PoliticsGreek Politicsless than 48 hours after Prime Minister Kyriakos Mitsotakis informed Greeks that a month-long set... staff and of not ensuring that Covid-19 tests are available on prescription rather than forcing... businesses that employ 300,000 staff with more than 100,000 dependent members. There is no doubt
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Newsletter 272 -06/11/2020
, by the end of November the first payments from the Bridge mortgage subsidy scheme, for which more than... address and the third major policy reversal on pandemic measures in less than a week. Over recent weeks... options will be available for the entire country. With the second wave looking more disruptive than
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