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Newsletter 145
legislation through Parliament. This week it was the 2018 budget and numerous amendments, while... to complete as part of the third review. The budget received 153 votes on Tuesday night. This tallies... budget of Greece’s bailout era and focussed mostly on what he promised will be better days ahead. New
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GDP grows by 0.1 pct in Q4, up by 1.4 pct in 2017
EconomyMacroeconomythe Ministry of Finance’s (MoF) final budget estimate of 1.6 percent. This was driven largely by a 15.7... budget for 2018 had anticipated exports of goods and services to rise by 6.9 percent in 2017.... Regarding the MoF’s own forecasts, following a substantial revision in the draft budget
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Newsletter 158 -20/04/2018
in February, an increase of 1.68 billion euros. Budget primary surplus at 2.32 bln in Mar Headline figure beats the target by 1.22 bln The budget primary balance recorded a surplus of 2.32 billion euros... Ministry (MoF) preliminary budget execution bulletin showed this week. The primary surplus
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Newsletter 171 -20/07/2018
choices will have to be incorporated in the draft 2019 budget, which is due to be ready in early... for environmental activities. 2 Budget primary surplus at 617 mln in June Headline figure driven by lower expenditure and slightly higher revenues The budget primary balance came to a surplus of 617 million
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Last bailout tranche just days away as pension discussion looms
EconomyProgrammein the coming weeks, particularly on the issue of next year’s pension cuts. The German Parliament’s budget... of October. The issue that is expected to dominate the agenda is the drafting of next year’s budget... Moscovici suggested recently that there could be room for changes if the budget performance allows
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Athens moves quickly to scrap pension cuts as Eurogroup inches forward on euro reform
EconomyProgrammefor next year being cancelled. Eurozone finance ministers gave Greece’s 2019 budget the green light..., Eurogroup president Mario Centeno confirmed that the eurozone ministers gave Greece’s budget the green light... back by June 2019.” More discussions are also needed on the eurozone budget, another topic
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A snapshot of the Greek economy
Agorato examine state of the Greek economy at this early point of the year Budget balance: According to the Ministry of Finance, the Greek government budget achieved a primary surplus of 729 million for January, against a primary deficit target of 103 million. During the same period last year, the budget
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Second day of review yields progress, work needed on fiscal front
EconomyProgrammehave been settled on this trip, ahead of the draft budget that is due to be tabled to Parliament... and ANFA profits and whether those can be used in the budget to create some fiscal space. According to a finance ministry official, the discussions on next year’s budget are based on three scenarios
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Greek govt gears for final Eurogroup of 2019, hoping for better terms
EconomyProgrammefor 2020, a full 0.5 percent lower than the government’s 2020 budget target, and 2 percent for 2021... a consensus on the budget, including the achievability of the 3.5 percent primary surplus target in 2020... for 2020 and beyond. Adding to this picture, the final draft of the 2020 budget is due to be tabled
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MPs gear up for action as To Potami calls it a day and PASOK wobbles
PoliticsGreek Politicsprimary surplus that this year’s budget execution is expected to produce, will be shared out... additions and alterations to the draft law, which comes hot on the heels of the 2020 budget... Tsakalotos, claimed that the budget is not voter- or growth-friendly. He accused ND of a class-based
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