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Government tables 2016 budget, upgrades GDP forecasts but leaves fiscal estimates unchanged
EconomyMacroeconomy(from 3.6 percent before). For 2016, private consumption is anticipated to fall by 1.7 percent (from 2.4... years were kept almost unchanged, pointing to a primary deficit of 349 million or 0.2 percent of GDP
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Newsletter 56 - 18/12/2015
an increase in the number of employed to 3.67 million and a fall in the number of unemployed to 1.16... of automatically pointing the finger at domestic opponents and foreign intervention. Another look back
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Deflation drops to 0.2 pct in Dec, at 1.7 pct for 2015
EconomyMacroeconomy. The marginal fall in December CPI primarily reflects a decrease in housing and miscellaneous goods... and the OECD latest estimates are pointing to an inflation rate between 0.5 and 1 percent in 2016.
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Unemployment rate eases to 24.1 pct in March, lowest in four years
EconomyMacroeconomythe number of employed and unemployed stood at 3.62 and 1.15 million respectively. It is worth pointing out... expected to fall to 23.4 next year.
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Newsletter 85 - 05/08/2016
that the European Union’s agreement with Turkey could fall apart soon. Ankara expressed its dissatisfaction... the central government’s coffers. It is also worth pointing out that Georgiou took over at ELSTAT
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Newsletter 86 - 02/09/2016
pointing out that the average spread in the Greek market increased by 14 bps to 4.59 percent in July, which... at a slower rate of 3.6 percent in June, a deceleration on the 6.3 percent fall posted in May. Compared
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ELSTAT revises nominal 2015 GDP contraction to 1.3 pct
EconomyMacroeconomyrevised now pointing to a fall of 1.6 percent from 0.2 percent before. As a result, 2015 nominal GDP
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S&P affirms Greece’s rating, outlook remains stable
Economyin 2016 compared to its previous forecast last July pointing to a contraction of 1 percent. For the next.... From its peak of 180.3 percent of GDP, the debt ratio is projected to gradually fall to 173.1 percent
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Mandatory e-payments come into force as Greece seeks to boost card use further
EconomyFeaturessuch as POS machines and their virtual equivalents fall under the directive. Failure to comply carries... pointing to a continuing reluctance to pay by card. It has also been commented that a directive
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Newsletter 132
poured cold water on the idea of a clean exit, pointing out that even after exiting the programme... billion euros combined with a fall in payments of 9.8 percent to 190.2 million. The increase
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