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Athens ready to start legislating fiscal measures despite ongoing talks over 2019 budget
EconomyProgrammeAll eyes will be on the dispute of Italy’s budget at Monday’s Eurogroup, but in Greece the government is preparing to start legislating fiscal measures even though the disagreement over its own economic plan for 2019 does not seem to have been settled yet.
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Greece drops to 72 in Doing Business index as long-term problems persist
EconomyFeaturesThe latest Doing Business Indicators report for 2019 by the World Bank Group has shown that Greece fell to number 72 out of 190 economies worldwide.
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Part-time work and low earnings overlie crisis-pounded labour market
SocietyThe General Confederation of Greek Labor (GSEE) has revealed that 72.8 percent of Greek workers make under 1,000 euros per month net.
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Primary surplus confirmed at 4.80 bln on lower tax refunds and public investments
EconomyMacroeconomyThe budget primary balance was confirmed a surplus of 4.80 billion euros in the first nine months of 2018, according to the final preliminary budget execution bulletin for September published by the Finance Ministry (MoF) on Wednesday
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Budget primary surplus at 4.18 bln in Sept as EU co-financed projects fall short
EconomyMacroeconomyThe budget primary balance came to a surplus of 4.81 billion euros in the first nine months of 2018, according to the preliminary budget execution bulletin for September published by the Finance Ministry (MoF) on Monday.
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New overdue taxes rise by 849 mln in August with total stock at 102.81 bln
EconomyMacroeconomyGreece’s new tax debt’s month-on-month rise came to 849 million in August, picking up pace from July’s rise of 377 million euros, data from the Independent Authority of Public Revenues (IAPR) showed this week.
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General govt primary cash surplus at 3.51 bln in August, arrears fall by 306 mln
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus came to 3.51 billion euros in the first eight months of the year, reduced by 750 million euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
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Budget surplus confirmed at 3.16 billion in August
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 3.16 billion euros in the first eight months of 2018, according to the final budget execution bulletin for August published by the Finance Ministry (MoF) on Monday.
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VAT revenues up in 2016 but rate hikes fail to close gap of 29 pct
EconomyFeaturesThe European Commission's VAT Gap report has revealed that high rates of VAT in Greece appear to have fed tax avoidance rather than close the gap between expected and actual revenues.
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Budget primary surplus at 3.14 bln in August as revenues grow and spending falls
EconomyMacroeconomyThe budget primary balance came to a surplus of 3.14 billion euros in the first eight months of 2018, according to the preliminary budget execution bulletin for August published by the Finance Ministry (MoF) on Friday.