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Newsletter 312 - 15/10/2021
in this year’s World Press Freedom Index, which saw Greece drop five places to 70th out of 180.... The IMF revised upwards its 2021 growth estimate to 6.5 pct, while it trimmed slightly next year’s... on the fiscal front, where the Fund sees a primary deficit next year at 1.3 pct of GDP, turning
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Current account balance improves YoY in Sep thanks to a jump in services, led by travel
EconomyMacroeconomyeuros, compared to a deficit of 1.49 billion euros in the same month last year. Total imports came to 5.93 billion euros, from 3.87 billion last year. At the same time, total exports came to 3.63... euros, rising by more than twice compared to last year’s figure of 815.6 million euros. However
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Newsletter 321 - 17/12/2021
the virus first emerged last year. The research covers the period from September 1, 2020 to May 6..., he was elected secretary of the party’s political council and a year later he was elected... percentage points since the start of the year. Androulakis gets the approval of 42 pct of respondents
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Worsening goods balance pushes current account deficit to 2.52 bln in Nov, highest since 2011
EconomyMacroeconomyto a deficit of 1.44 billion euros in the same month last year. Total imports came to 6.69 billion euros, from 3.93 billion last year. At the same time, total exports came to 3.95 billion euros, from 2.49... times from last year’s figure of 33.3 million euros. It is also improved from the 108.8 million euros
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Hirings turn positive, but with low balance, in Feb
EconomyMacroeconomybalance of 25,804 recorded in January this year. The balance in February last year was positive by 27,233, meaning there was a drop of 10,615 job openings year-on-year (YoY). At the start of last year... September, when teachers get rehired as the school year starts. This year’s February balance is one
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Newsletter 333 - 01/04/2022
on Tuesday, Mitsotakis insisted that elections would be held towards the end of the government’s four-year... rumours that he might be considering calling elections later this year. However, he did reiterate... with the electoral scheme and holding a vote before his four-year term is up seems a natural reaction to recent
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Unemployment remains at 12.8 pct in Feb, lowest since summer 2010
EconomyMacroeconomyshowed on Wednesday. In the same month last year, the unemployment rate was 16.1 percent. The latest... 2008. Year-on-year, the number of employed people increased by 455,115 in February, with total... population decreased by 387,995 people year-on-year and now stands at 3.12 million. The unemployment
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Rising bond yields a concern, but not an immediate fiscal problem
Economycumulative net purchases of close to 39 billion euros as of May this year. This allowed Greece to enjoy..., Greece opened the new year with a yield of 1.3 pct for its 10-year benchmark. It doubled to 2.65 pct... aggravated inflation. Greece’s CPI has been breaking multi-year records each month since December
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Newsletter 343 - 24/06/2022
insisting repeatedly that he wants to fulfil his four-year term, marking a return to normality... waits until the end of his four-year term to hold elections, he will not be able to hold off the wear... the freeze is lifted this year. The Fund’s clear recommendation is to resist pressures to increase
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Despite downward revision, IMF sees Greece growing by 1.8 pct in 2023
EconomyMacroeconomy, the Fund offered a small glimpse of hope to the Greek authorities for the challenging year ahead. The IMF cut the growth estimate for the eurozone by half to 0.5 pct for next year, from 1.2 pct seen... to contract in the new year, from 0.7 pct growth forecast in July, now expected to contract by 0.2 pct
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