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Newsletter 279 -13/11/2020
worsened by 19.8 points. 2 Credit growth in Nov edges up to 2.6 pct Rates approaching last high.... Interior Minister Takis Thedorikakos was also left out of the new line-up to be replaced by Agriculture... Interior Minister, to be replaced by Christos Tarantilis. Altogether, 17 changes were made, including
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Greek fiscal deficits and debt since 2000
Agoraof the Hellenic Ministry of Finance, that the Syriza 2 government (from September 2015 to July 2019... a look at Syriza 2. This administration ran an average overall surplus of 0.1 percent of GDP a year... that the economy is growing. But the stock of debt during Syriza 2 increased by some €19 billion
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Tailor-made Maastricht criteria for Greece?
Agora, in principle. They called for the deficit of a member state to remain below 3 percent of GDP a year..., over time, a value D = def/y. In other words, if the deficits can be limited to 3 percent of GDP... interesting detail is that the 5 percent nominal growth rate can be thought of as 2 percent
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PASOK unites forces with Greek "Olive Tree" for EP elections but will it be enough?
PoliticsGreek Politics3 percent support in national elections and 2.9 percent in European elections. Greece's other social democratic part, Democratic Left (DIMAR) scored equally poorly with 3.1 and 3 percent respectively. There should be no mistaking the fact that these figures, right on the 3 percent threshold
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Mitsotakis pleads for strong mandate as polls suggest ND heading for landslide win
PoliticsGreek Politicsis also targeting Greek Solution because if the fledgling party fails to pass the 3 percent... finance minister Yannis Varoufakis, are right on the 3 percent threshold for gaining seats in the next... on 3.5 and Greek Solution and MeRA25 both on 3 percent again. Public Issue sees 40 percent
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Macroeconomic fundamentals for Greece
Agora175 percent of GDP; a fiscal balance of around minus 3 percent; the interest bill around 2½ percent... 1992, when the Maastricht Treaty was negotiated—2 percent inflation and 3 percent real GDP growth): 60.... Figure 2 shows that these efforts are yielding some success. The number of inactive people
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The key points from Greece's proposal to lenders
EconomyProgrammewill be implemented as of October 1. 2) Introduction of a reward point system for the registration of receipts in an effort to increase VAT and income collection. 3) Increase in the solidarity levy rates to 2% (from... of the social security funds (SSFs) into three in two phases and over a period of 3 year. 2) Suspension
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Greece - Some structural macroeconomic arithmetic
Agoraabove the notional limit).[2] It would make sense to aim for 3 percent instead. Greece can... suggests that trend output growth sits around 1¼ percent a year. The OECD seems to be below 2 percent... officials and economists suggests that potential output growth may hover “around 2 percent
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Greece and lenders already at apparent impasse, with options narrowing
PoliticsGreek Politicsaction.” The government, which submitted the relevant legislation to Parliament on March 3... between 3 and 5 billion euros in liquidity to overcome its shortage over the next few weeks. Athens... of passing the bills through the Hoise. Interior Minister Nikos Voutsis insisted on Tuesday
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Search for solutions, not scapegoats in EU's refugee crisis
Agorabeen a failure. The 3 billion euros Ankara was promised has not been released and President Recep... million) of the 3 billion euros going towards Turkey to deal with the refugee crisis. At the same time... refugees and migrants arrive on its islands to prevent them simply moving on en masse to other
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