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Newsletter 78 - 17/06/2016
forecasts a marginal recession of 0.3 percent in 2016, while a strong GDP rebound of 2.5 and 3 percent... and outperforming the target by 3.09 billion, which is largely attributed to the continued strong underspend... strong underspend. Primary expenditure was 2.06 billion below target, while revenues (before tax
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Budget primary surplus of 2.28 bln in first five months of 2016, tax revenues beat target in May
EconomyMacroeconomy, the headline figure shows an outperformance of 3.1 billion euros. This is largely attributed to a strong... above target. The strong performance in May fully reflects a strong rebound in income tax by 29.5
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Car sales soar 42.9 pct in July, also reflecting a low base effect
EconomyMacroeconomydisplayed on Monday. The strong double-digit growth in July largely reflects a low base effect... at 9,401 in July also indicating the lowest reading since March. Following the strong rebound in July..., on the back of the strong tourism, and replacement of old cars with new and cheaper to run diesel
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In autumn forecasts, EC sticks by GDP estimates but expects lower unemployment
Economyof 0.3 percent in 2016 and a strong rebound of 2.7 and 3.1 percent in 2017 and 2018 respectively... estimates involve persistence of the strong revenue collection as well as revenue administration..., mostly reflecting the improved fiscal outcome and strong GDP growth.
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Q3 GDP rebounds 0.8 pct QoQ and 1.8 pct YoY, above flash estimates
EconomyMacroeconomyexports, imports notably fell 10.2 percent QoQ in Q3 after a strong rise of 9.1 percent in the previous quarter. However, compared to the corresponding period a year ago imports posted a strong rebound... in the respective estimates for 2017. IMF has the most optimistic projection foreseeing a strong GDP rebound
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PBO warns of recovery risks, fourth bailout and possible default
EconomyMacroeconomywould be subject to stricter conditionality as eurozone lenders would be under strong political... of 2016. However, the report reiterates that the government projection for a strong GDP rebound of 2.7... for a strong economic rebound are not yet in place. In the PBO’s view, only a brave reform effort
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IMF examines where programme went wrong, what lessons were learnt
EconomyProgrammeand strong political resistance in some EU countries on outright debt reduction, delay of debt restructuring... are based though on strong ownership and parsimonious conditionality With the benefit of hindsight... the adjustment more durable and equitable. In addition, Greece needs strong ownership and a number
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Newsletter 107 - 17/02/2017
of recovery and is expected to record a strong GDP rebound as of 2017, which is contingent, however..., compared to a previous estimate for a mild recession of 0.3 percent in early November, and a strong... of the adopted measures voted last year, while noting that the strong revenue performance in 2016 “implies
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BoG sees chance of normality returning if review concludes swiftly
EconomyMacroeconomyretains its previous forecast for a strong rebound of 2.5 percent in 2017 driven by an upward trend... on the fiscal performance relate to uncertainties about the carry-over effect of the strong revenue.... For the domestic economy to move from recovery to sustainable, strong growth the BoG stresses that a number
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Q4 GDP contracts 1.2 pct QoQ, leading to recession of 0.1 pct for 2016
EconomyMacroeconomy. The provisional estimates also showed that GDP fell by 1.1 percent year on year (YoY) in Q4 after strong growth... to a strong recovery of 2.7 percent for 2017. In addition, Bank of Greece, S&P and Fitch estimates stand... percent in 2017. The strong rebound anticipated by most organisations in 2017 is subject
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