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Athens Macedonian News Agency: News in English, 16-11-04
CONTENTS
[01] Budget revenues surpassed targets by 835 mln euros in October
[02] EBRD report: Greek economy to register zero growth in 2016, 2 pct
in 2017
[01] Budget revenues surpassed targets by 835 mln euros in October
Greek budget revenues significantly surpassed targets in October by
835 million euros, the General Secretariat for Public Revenue said on
Thursday. In a report, the general secretariat said that budget revenue
surpassed budget targets by 2.32 billion euros in the 10-month period
from January to October.
Net revenue surpassed targets by 835 million euros, or 21.37 pct from
budget targets in October, while in the January-October period budget
revenues surpassed targets by 2.32 billion euros or 6.16 pct.
[02] EBRD report: Greek economy to register zero growth in 2016, 2 pct
in 2017
The Greek economy will register a zero growth rate in 2016 and a 2
percent in 2017, the European Bank for Reconstruction and Development
(EBRD) said in its "Regional Economic Prospects" report published
on Thursday.
"The Greek economy shrunk 0.7 percent year-on-year in the first half of
2016, partly due to the baseline effects from the increase of consumer
spending in the first half of 2015. As a result, economic growth will
possibly be positive in the second half of 2016, giving a zero growth
rate for the full year," the bank said.
"For 2017, the outlook is more favorable, but the continuing controls on
capital movement (although they have somewhat eased in recent months),
further fiscal consolidation measures and the weaknesses in the financial
sector, where non-performing loans remain significant, will likely limit
the growth rate to 2 percent," it added.
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