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Mandatory e-payments come into force as Greece seeks to boost card use further
EconomyFeaturesElectronic payment options have become mandatory for a wider range of businesses and professions as a move to combat tax evasion and boost VAT revenues.
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Tsipras eyes expansionary measures in 2019 as he starts building post-MoU narrative
PoliticsGreek PoliticsPrime Minister Alexis Tsipras gave a wide-ranging televised interview on Wednesday night in an apparent attempt to build on Tuesday’s bond issue and make one last attempt to win back some support before things wind down for August.
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Budget primary surplus at 1.94 bln in H1, beating target by 1.5 bln on underspend
EconomyMacroeconomyThe budget primary surplus was confirmed at 1.94 billion euros in the first half of 2017, up by 18.6 percent from last year’s figure of 1.63 billion, the Finance Ministry (MoF) final budget execution bulletin showed on Monday.
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New overdue tax obligations reach 717 mln in May, total at 95.2 bln
EconomyMacroeconomyGreece’s new tax debt eased slightly to 717 million euros in May from 754 million in April, the Independent Authority of Public Revenues (IAPR) data revealed.
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Budget surplus at 1.94 bln in 6-month, 1.51 bln above target on strong underspend
EconomyMacroeconomyThe budget primary balance recorded a surplus of 1.94 billion euros in the six month period of 2017, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Friday.
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Survey reveals opinions around Greek shipping cluster's potential
EconomyFeaturesGreece has the potential to develop into one of the world’s major shipping hubs over the next few years according to a survey of opinions from leading representatives of Greek shipping companies.
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General govt primary cash surplus at 2.25 bln in May, arrears rise
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus fell by 332 million euros from the previous year to 2.25 billion in the first five months of 2017 according to the Finance Ministry’s (MoF) gg bulletin.
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Compliance report looks at programme financing, arrears clearance and 2016 performance
EconomyProgrammeThe second review's compliance report provided an update on the programme's financing by the end of August 2018 as well as on arrears’ clearance, while also commenting on the fiscal performance in 2016.
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Five-month budget primary surplus confirmed at 1.84 bln, beats target by 790 mln
EconomyMacroeconomyThe budget primary surplus was confirmed at 1.84 billion euros in the 5-month period of 2017, up by 26.5 percent from last year’s figure of 1.46 billion, the Finance Ministry (MoF) final budget execution bulletin showed on Monday.
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Aided by underspend, budget primary surplus reaches 1.84 bln in 5-month, 792 mln above target
EconomyMacroeconomyThe budget primary balance recorded a surplus of 1.84 billion euros in the 5-month period of 2017, up by 26.5 percent from last year’s figure of 1.46 billion, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Wednesday.