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Budget primary deficit at 1.47 bln euros in Jan, revenue shortfall hits 812 mln
EconomyMacroeconomybillion euros. Net revenues came to 3.85 billion euros, below target by 812 million euros... a deficit of 782 million euros for the month.
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Haftar defeats prompt Athens to take fresh look at Libya crisis
PoliticsForeign Policyby Turkey has scored some victories over Field Marshal Khalifa Haftar, are causing concern in Athens... reclaimed from Haftar’s forces. Last week, Haftar also lost the key airbase of Wuitya. Foreign... Halifa Haftar last November following the signing of the two memorandums regarding between Turkey
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Turkey maintains maritime pressure as Athens and Ankara court Haftar
PoliticsForeign PolicyBenghazi-based leader Khalifa Haftar to sign it. Over the last couple of years, the Turkish government has been in close contact with Haftar and his sons to achieve this goal. In fact, a few weeks ago it became known that Haftar was invited to visit Ankara and meet Erdogan. Athens is trying to block
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Rise in overdue contributions slows to 310 mln in Q3, total at 16.9 bln
EconomyMacroeconomyThe rise in unpaid social security contributions (SSCs) slowed quarter on quarter (QoQ) to 310 million euros in Q3 of 2016, from 831 million in Q2. The outstanding amount reaching 16.92 billion, the quarterly bulletin of the single SSC collection centre (KEAO) displayed on Monday. The increase
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Budget primary confirmed at deficit of 1.47 bln in Jan as taxes dwindle
EconomyMacroeconomy. Net revenues came to 3.85 billion euros, below target by 812 million euros. The monthly primary... a deficit of 782 million euros for the month.
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Ankara springs surprise on Athens with Libya maritime deal
PoliticsForeign PolicyMogherini. Cairo and the Parliament of Eastern Libya, which supports commander Khalifa Haftar, have... called Turkey’s Ambassador to Athens, Burak Ozgurgegin, to the Foreign Ministry in Athens to demand
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Gov't adopts patchwork of measures to overcome liquidity problems
EconomyProgramme: 310 million on March 6, 348 million on March 13 and 581 million on March 16. The last tranche... euros in the March-June period. Excluding this month’s 2.2 billion, Greece has to cover 4.35 billion... remaining 310 million relate to 90 percent of HFSF current cash reserves that until the end of 2015
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With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP
EconomyMacroeconomyprimary surplus for both years was reaffirmed, at 812 million in 2013 and at 2.95 billion in 2014.... Excluding the aforementioned items under EAP rules, gg primary surplus is seen at 812 million (0.4... to remain broadly stable at 2.2 percent of GDP in 2013 and at 2.3 percent in 2014 (3.96 and 4.27
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Tax chief's departure brings coalition revenue plans under scrutiny
PoliticsGreek PoliticsThe resignation on Thursday of Greece’s chief tax collector, Haris Theoharis, has raised questions... and meeting the troika’s demands. Theoharis, an IT expert, took over as general secretary of revenues... administration chief. Even today, Theoharis only has partial control over the Financial Crimes Squad
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GDP shows annual growth of 2.2 pct in Q3
EconomyMacroeconomyquarterly growth streak experienced by Greece began in Q2 2005 and ended in Q4 2006. GDP grew by 2.2... percent QoQ. As mentioned, the provisional estimates showed that GDP grew by 2.2 YoY after a downward... of services rose by 2.2 percent QoQ and 13 percent YoY. The MoF’s growth estimate for imports in 2018
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