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  1. Newsletter 136 - 20/10/2017

    Newsletters

    , missing the target by 101 million euros. The Hellenic Statistical Authority’s (ELSTAT) second estimate... in real terms last year rather than the 0 percent estimate released in March. In nominal terms, the economy dropped by 1.2 percent against an initial estimate of 0.1 percent growth. ELSTAT also

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  2. Newsletter 14 - 06/02/2015

    Newsletters

    intentions to restore wages and pensions, roll back some reforms, halt privatisations and resist... on privatisations, withdrawing its request for the heads of Greece’s sell-off fund, HRADF, to stand down... that it will not touch any privatisations that have already taken place but will review those which were in the pipeline

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  3. A breakdown of the fiscal and structural reforms Greece hopes will unlock funding

    EconomyProgramme

    with a net fiscal impact of 3.7 billion euros, including proceeds from privatisations. Those... fiscal impact of around 1 billion. Privatisations We believe the Finance Ministry has revised the revenues from privatisations to 1.5 billion euros for 2015, 700 million lower than the target of 2.2

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  4. Newsletter 277 -11/12/2020

    Newsletters

    PM rebuffs Covid-19 criticism Mitsotakis defends govt stance but is forced to extend some measures until Jan After being forced to extend Covid-19 restrictions into January, Prime Minister Kyriakos Mitsotakis tried to defend this week his, and his gover...

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  5. BoG report highlights need for programme implementation, political consensus
    Photo by MacroPolis

    Economy

    of confidence, acceleration of reforms and privatisations, exploitation of state property and substantial... to the improvement in confidence and market liquidity. On privatisations, the BoG underscores... and speeding up privatisations that would send a strong dual signal to the markets; firm commitment

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  6. IMF sees eurozone debt relief pledges failing to deliver sustainability
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyProgramme

    . The estimate for revenues from asset sales and privatisations is a mere 2 billion euros up to 2030, at just... record on generating privatisations revenue, combined with the depletion of state’s share to Greek banks

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  7. Privatisation chief hopeful of reaching 2016, 2018 targets as several sales near conclusion
    Photo by MacroPolis

    Economy

    Greece’s privatisation chief believes that 2 billion euros can be raised this year from asset sales... for privatisation revenues of 6 billion by 2018 can also be achieved. According to a draft supplementary memorandum of understanding (MoU), the implementation of the privatisation programme aims

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  8. First review completed but more prior actions lie ahead for Greece

    EconomyProgramme

    actions for the next tranche disbursement largely relate to privatisations, the energy market and the independent revenue agency. Privatisations 1) Agreement with the institutions by the end of June... to the next prior actions, fiscal targets, privatisation targets and arrears’ clearance. The government

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  9. Greece agrees package of measures with IMF, eurozone to seal review
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    respectively. Privatisations, labour and public sector reforms are also outlined. The MEFP foresees... to the reduction in the lowest personal income tax rate from 22 to 20 percent. Privatisations The sMoU... to stimulate investment, increase efficiency and provide financing to the state. Privatisation

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  10. EC ups growth to 2.2 pct in 2019, sees growth in 2020 at 2.4 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    revised upward, from 2.3 percent in November to 2.4 percent now. The estimate for 2021 remains unchanged... the market share in export markets. Although the uptick in the growth estimate for this year was implied... that it will converge with Bank of Greece’s, this year’s estimate by Brussels remains below the Greek

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