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Inflation to persist, creating more economic policy challenges
EconomyMacroeconomynot changed its inflation estimate for this year, which had a GDP deflator of 1 pct and a harmonized... to circa 1 pct of GDP, from roughly 7 pct last year. The latest package announced for energy subsidies..., at least into February. Since September, the authorities have committed more than 1 billion euros
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Covid restrictions to be relaxed but public fixated on cost-of-living crisis
PoliticsGreek PoliticsPlevris announced that from May 1 vaccination certificates will not be needed for outdoor and indoor... to operate at full capacity. From June 1, masks will not have to be worn indoors, although there will be some..., support for ND stands at 30 pct, down 1 point on last month, while SYRIZA’s backing is at 24.5 pct
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Broad impact of inflation crisis becoming clearer
Agorarelease that hit the lowest in over a year at 53.8, down by 1 point, although still in expansion... the scenario of higher inflation by 2 percentage points in the current year, consumption is seen lower by 1... estimate of 1 percentage. It is becoming increasingly evident that unless tourism can absorb much
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Tailor-made Maastricht criteria for Greece?
Agora1995-2021, compiled by Eurostat, for the EU27 as a whole and for Greece (Table 1). Growth and inflation..., are likely to be around ¾ percent a year on average (a baseline scenario).[1] We assume that the ECB... is senior policy advisor at ELIAMEP. [1] The demographic and productivity calculations were done
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Newsletter 359 - 18/11/2022
’s voting intentions, support for New Democracy has dropped by more than 1 percentage point since..., it will grow by just 1 pct, mostly due to tighter monetary conditions, and ongoing loss of disposable... challenging from next year as Greece has committed to delivering a primary surplus in the region of 1
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Public debt records back-to-back quarterly drops, falling to 393.49 bln in Q3
EconomyMacroeconomyshort-term (up to 1 year) and medium-term (1 to 5 years) debt accounted for 16.2 percent and 10.3 percent respectively. Greece’s cash deposits increased by roughly 1 billion euros to 18.13 billion.
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Newsletter 371 - 24/02/2023
has risen by 1 percentage point to 25.1 pct. Third-placed PASOK has largely paid the price for this apparent rallying of the vote as its support dipped by almost 1 point to 9.8 pct. The undecided voters... back-to-back record years. In 2015, FDI was just above 1 billion euros. PwC presented its annual
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Central debt records small rise to 401.53 bln in Q1
EconomyMacroeconomya drop of roughly 1 billion euros in bonds and a rise of 2.2 billion euros in loans related to a rise..., while short-term (up to 1 year) and medium-term (1 to 5 years) debt accounted for 17 percent
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OECD ups growth outlook for 2023, warns about headwinds affecting demand and consumption
EconomyMacroeconomyrate as total support in 2023 is not expected to exceed 1 pct of GDP, as energy prices have..., with the picture similar in 2024, with consumption growing by 1 pct. Investments will also moderate..., from 4.6 pct last year. The unemployment rate in 2023 will drop by roughly 1 percentage point to 11.8
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Draft budget sees growth picking up in 2024, strong revenues driving primary surplus to 2.1 pct of GDP
EconomyMacroeconomyby 1 billion and corporate tax by 2.1 billion. All income tax collection in 2022 is seen reaching... at 21.56 billion, also up by roughly 1 billion euros. Revenues and spending Expenditure also beat initial... to a surplus of 5.05 billion euros, or 2.1 pct of GDP, and the total deficit to 7.49 billion euros, or 1 pct
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