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Has external competitiveness been fixed in Greece?
Agorathe euro zone is an important indicator of significant progress. Figure 1 above shows some summary... in these calculations from figure 1 above? The lower bold line of figure 1 is the IMF’s REER.... Why 1992? We will explain shortly. Let us first look for the same concept of the REER in figure 1
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The case of SYRIZA's fiscal performance
Agoraas regards the overall fiscal balance on an ongoing basis. Figure 1 below shows in the bold line what this 12-month moving average looks like from December 2013 through August 2021. Figure 1 also... be rolled over, and that no new net debt be incurred.[1] To allow for “normal” shocks and noise around
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Industrial turnover rises by 17.5 pct in July for seventh positive month
EconomyMacroeconomyan increase of 15.7 percent in the manufacturing index. The index in mining and quarrying fell by 4 percent..., along with a drop of 4 percent in consumer durables. The energy index grew by 36.6 percent, intermediate goods rose by 14.1 percent and consumer non-durables rose by 4 percent. Within the mining
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Chasing investment, the Greek dream
Agoraa nominal growth rate of 4 percent. The main stakeholders in domestic politics appear to agree... for 10 percent of GDP, 4 percentage points above the eurozone average. At the 2007 peak, dwellings... over 3 billion euros, at just 4 percent of GDP. The value stabilised in the region of 2.5 billion euros
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The Court of Audit's opinion on new pension cuts and its implications
Legalin combination with article 98(1)(d) of the Greek Constitution, according to which: “The Court of Audit... percent reduction of pensions to the extent that, pursuant to article 1 of the First Additional... the compatibility of the cut in question with the articles 2 (1), 5 (1) and 25 (1) of the Greek Constitution which
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Q2 GDP rebounds 0.2 pct QoQ but shrinks 0.9 pct YoY amid consumption drop and investment rise
EconomyMacroeconomyof 0.9 percent year on year (YoY) in Q2 from a revised decrease of 1 percent in Q1. Today’s figure... a decline by 1 percent in Q1. The key positive contributor to the GDP evolution in Q2 is investments, which grew by 1 percent QoQ and by 7 percent YoY. In contrast, private consumption fell by 0.2 percent
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A varied set of views on China
Agoraof inferior quality to that of western goods. In short, while Greeks are not disposed negatively... in their eyes. Nor do they envy life and work in China, and find Chinese commodities of inferior quality
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Newsletter 174 -14/09/2018
spending by 1 percent of GDP next year, as had been agreed and legislated last year. The Greek side... would receive before the end of the year around 1 billion euros in backpay. He also announced... rate of VAT from 24 to 22 percent in 2021, with the lower rate dropping 1 percentage point from 13
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Where did all the money go?
Agora://www.macropolis.gr/resources/toolip/doc/2014/04/25/ec_mou2_review_4_25-apr2014.pdf European Commission - annex 4... Commission - Box 4 and table 19 https://www.macropolis.gr/resources/toolip/doc/2013/09/13/ec_mou2_march_2012.pdf IMF - tables 4 and 5 https://www.macropolis.gr/resources/toolip
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Higher number of firms and employees, increased average wage in private sector in 2016
EconomyMacroeconomywere employing up to 4 employees and nearly 9 out of 10 companies up to 10 employees. There were...-controlled companies and local governments. In addition, around 4 out of 10 companies were based...) rose by 4 percent to 1,060 euros in 2016 from 1,019 euros in 2015. The report showed 22.5 percent were
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