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Revenues
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EconomyMacroeconomy
Overdue social security contributions edge down to 35.38 bln in Q4 The stock of unpaid social security contributions (SSCs) decreased to 35.38 billion in the fourth quarter (Q4) of 2019, declining by 159 million compared to the figure of 35.54 billion euros registered in the third quarter (Q3) of 2019, the Centre for the Collection of Social Security Arrears (KEAO) revealed.
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EconomyMacroeconomy
General govt primary cash surplus at 899 mln in January, arrears rise by 38 mln Greece’s general government (gg) primary cash surplus came to 899 million euros in January, down by 475 million euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
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EconomyMacroeconomy
Budget primary balance confirmed at 495 mln in January The budget primary balance was confirmed at a primary surplus of 495 million euros in the first month of 2020, below target by 773 million euros, the Finance Ministry (MoF) final budget execution bulletin showed on Friday.
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EconomyBanking
Ministry urges borrowers to apply for home protection before scheme expires In an effort led by Finance Minister Christos Staikouras, the government is intensifying efforts to have as many borrowers covered before the current primary residence protection scheme expires on April 30.
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EconomyMacroeconomy
Primary cash surplus at 132 mln in January Greece’s central government primary cash balance recorded a surplus of 132 million euros in January according to figures released by the Bank of Greece (BoG).
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EconomyFeatures
Hotel industry sees investment in high-end units, but hampered by seasonality The Greek hotel sector reported strong performance in 2019 with revenues rising by 7.3 percent year-on-year (YoY) according to data presented by the Hellenic Chamber of Hotels (HCH).
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EconomyMacroeconomy
Budget primary balance at 498 mln in Jan as net revenues fall short of target The budget primary balance came to a primary surplus of 498 million euros in the first month of 2020, below target by 771 million euros, the Finance Ministry (MoF) preliminary budget execution bulletin showed this week.
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EconomyFeatures
New businesses lowest in Greece versus EU with funding obstacles burdening enterprises The creation of new enterprises in Greece is the lowest in the European Union (EU) according to data from Eurostat, tracking the growth of new businesses in 2017.
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EconomyMacroeconomy
New tax debt at 8.02 bln to Dec, down by 26.7 pct versus 2018 The month-on-month rise in Greece's new tax debt jumped by 1.06 billion euros in December, data from the Independent Authority of Public Revenues (IAPR) has shown.
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EconomyMacroeconomy
Budget primary surplus confirmed at 5.02 bln in Dec The budget primary balance was confirmed at a surplus of 5.02 billion euros across the twelve months of 2019, compared to a surplus of 91 million noted in December 2018, the final Finance Ministry (MoF) budget execution bulletin showed on Monday.