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Tsipras pledges array of tax cuts, hopes for break on pensions
PoliticsGreek Politicsto implement next year the 1 percent of GDP reduction to pension spending but did not go as far as declaring..., particularly by boosting consumption. Fiscal Regarding next year’s pension cuts equivalent to 1 percent of GDP... and 2022 there should be 3.5 billion euros available. As far as this year is concerned, the prime
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Newsletter 177 -05/10/2018
year’s pension cuts, although a definitive decision is still a few weeks away. The Greek government... to scrap the pension cuts that are due to be implemented from the start of next year. Eurogroup... that there was room for compromise. government is on track to repeat this year. The Eurogroup
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General govt primary cash surplus at 5.21 bln in September, arrears fall by 411 mln
EconomyMacroeconomymonths of the year, reduced by 116 million euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin. In the underlying subcategories, the biggest year-on-year (YoY) decline was noted in social security funds (SSFs), which were reduced by 307 million
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ESI up to 101.8 in November, consumer confidence rises for sixth straight month, jumping by 2.5 pts
EconomyMacroeconomyfor eight consecutive months now, though last month’s reading was the lowest since March this year.... Consumer confidence rose by 2.5 points to -35.8. Year-on-year, consumer confidence has improved by 18... compared to -3.4 in the previous month. Year-on-year, industry confidence has improved by 0.7 points
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General govt primary cash surplus at 7.62 bln in Nov, arrears fall by 42 mln
EconomyMacroeconomymonths of the year, up by 445 million euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin. In the underlying subcategories, the biggest year-on-year (YoY) decline was noted in social security funds (SSFs), which were reduced by 980 million euros
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Newsletter 194 -15/02/2018
will receive. The government is apparently making 300 million euros available this year for this benefit... to be at around 30,000 euros per year, some reports suggest. Talks also due to take place between the Greek... of the tender to incorporate investors’ concerns, such as sharing any losses over a six-year period
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Newsletter 197 -8/03/2019
around Greek sovereign debt, which has been evident since the turn of the year, manifested itself... figure falls by 0.1 percent in final quarter of the year Greece’s seasonally adjusted (SA) GDP fell... falls to 18 pct in Dec Headline figure for the year is lowest rate of joblessness since July 2011
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Primary cash surplus at 832 mln in February
EconomyMacroeconomyin the first two months of the year, Bank of Greece (BoG) figures have shown. The cash balance for the same time last year was 6.34 billion euros. It should be noted that last year's figures included 3.68..., revenues fell by 580 million euros in February compared to the same month last year, and came
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Budget primary surplus at 1.46 bln in Mar, beating target by 2.42 bln
EconomyMacroeconomyin the aggregate period last year. For the current three-month period, the budget balance beat its target...) strengthened to 4.50 billion compared to 2.48 billion a year ago, beating the monthly target by 1.03 billion... period, higher than their target by 54 million euros. Compared to the same period last year, the three
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Unemployment for Feb comes to 18.5 pct
EconomyMacroeconomylast year, the unemployment rate came to 20.6 percent. Unemployment has continued to slowly fall over... the month, employment increased by 638 people compared to January. Year-on-year, the figure for those.... The unemployment rate among women fell by 2.7 percentage points (pps) year-on-year and came to 23.3 percent
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