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Newsletter 166 -15/06/2018
of maturities will be set at 15 years but will be reduced by 2 years for each 5 billion euros... 21 when there is a Eurogroup meeting.” . 2 Hirings balance positive by 108,725 in May New record high... 68.4 percent in Q1, declining for a second consecutive quarter. Wages index rises by 2 pct in Q1
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GDP falls by 0.7 pct QoQ in Q4 and increases by 1.9 pct in 2019
EconomyMacroeconomyjust short of the Ministry of Finance’s (MoF) final budget estimate of a 2 percent rise for 2019...’s GDP was expected to grow by 2 percent in 2019 and by 2.8 percent in 2020. The IMF meanwhile anticipated growth of 1.8 percent in 2019, followed by 2.3 percent in 2020 and 2 percent in 2021
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General govt primary cash deficit of 1.85 bln in Apr as revenues decline
EconomyMacroeconomy(including tax refund arrears) fell by 2 million compared to March and came to 2.40 billion. Month... (-3 million each). Extrabudgetary funds fell by 2 million euros, while rises were noted in tax refunds (+16 million) and SSfs (+2 million). Since the start of the year, total arrears have fallen
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Does the EU Commission suffer from optimism bias? (Part 1)
Agoraand why these differences are important for policy interpretation. In part 2 of this blog, we will call.... Real GDP is the product of labor input and average labor productivity (Q = L *(Q/L)). Figure 2 shows..., and a bigger labor force, hence delivering higher employment throughout the future years (Figure 2
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Newsletter 415 - 08/03/2024
, as the momentum from the pandemic recovery started to ease, GDP recorded growth rates of 2 pct, 2.7 pct..., growth of 2 pct that outpaces the EU and the eurozone almost four times can hardly be considered... between 2 and no more than 2.5 pct. Once again, fixed capital formation is expected to grow by more than
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European Commission review of Greek programme: The key points
EconomyProgrammerecovery, unemployment is seen easing by 1.3 percentage points (pp) in 2014 and by an additional 2... year, 2 billion could not be cleared in 2013 and therefore are expected to be paid in 2014. Delays... trade law, 2) adoption of investment licensing and spatial planning laws, 3) update the list
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Here's why IOBE think tank sees Greek economy growing 0.7 pct this year
Economyreleased before three months. Private consumption is seen growing by 0.5 to 1 percent (from -2... to around 2 percent in 2014 (from -3 percent before), in line with official estimates, on the back... retreating this year by 2 to 3 percent (from a previous estimate that they would rise by 5 to 8 percent), yet
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What is in SYRIZA's 3-pillar programme to overcome the crisis?
Economyinterventions involve: 1) Subsidized meals for 300,000 poor families (estimated cost at 756 million). 2...) and reintroduction of the “socially just” taxation on large properties, with an estimated cost of 2... that would be used to apply the large property tax. 2) Restoration of the tax-free threshold (currently
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Newsletter 30 - 12/06/2015
six readings have all been above the 2 percent- mark. There was a 12.1 percent MoM drop in clothing.... The last six readings have all been above the 2 percent- mark 2 Government stretches to limit Questions... on some issues, such as lower fiscal targets for the next few years (1 percent of GDP for 2015, 2
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Greece's updated proposals to lenders and how they compare to previous efforts
EconomyProgramme60 million in 2015 and 300 million in 2016 from 71 million for 2016 in the previous proposal. 2... (from 600 million previously) 2) Increase in the corporate income tax by 3pp to 29 percent...: New 1) Cut in defence spending by 200 million in 2016 2) Licenses to 4G and 5G for mobile
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