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Court ruling on pension cuts could create new problem in talks, fiscal plans
EconomyProgrammepensions of a total amount of 2.07 billion and the remaining 277 million relates to supplementary... for pensions below the 700-euro limit. The government estimates that the cost of the partial reintroduction... to public coffers is estimated at 1.5 to 4.5 billion euros, depending on whether the restoration
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Greece: How events could unfold over the next few weeks
PoliticsGreek Politicsof a clear strategy. Some within SYRIZA seem to want Prime Minister Alexis Tsipras to reach... ministers, to back the deal then the government would be in danger of losing its majority. In this case... chances When setting out the possible scenarios ahead for Greece, it is clear that only a minority
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EC revises growth estimate upward to 4.1 pct this year, 6 pct in 2022
EconomyMacroeconomyThe European Commission updated its economic estimates for Greece in the context of the 2021 Spring Forecasts, where the estimates are slightly improved from the previous forecasts in February... estimates assume the relief measures that have so far cushioned the blow on the economy will not be cut
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Newsletter 65 - 04/03/2016
of a primary surplus of 3.5 percent of GDP. In contrast, the EC and the government estimate a lower... percent contraction it foresaw in its flash estimate on February 12. The reported figures point... lower than the initial estimate incorporated in the third bailout programme of a recession of 2.3
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This is where the last few days have left Greece and lenders
Agora, closer to 2.5 billion euros. As a result, it is not yet clear what level the tax-free threshold..., the discussion about debt sustainability can begin. The IMF has been clear for some time that it deems a clear commitment to credible debt relief from the eurozone to be vital if it is to join the Greek
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Only inconclusive poll result would prompt KINAL approach, suggests Mitsotakis
PoliticsGreek Politicsnot hand the conservatives a clear majority. Mitsotakis gave an extensive interview to Open TV... a win that would give the conservatives a clear majority in Parliament. Mitsotakis certainly spoke... comment, though, was a message to centre-left voters who would prefer to see SYRIZA well beaten
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Mitsotakis defends his record against backdrop of tough migration package
PoliticsGreek PoliticsPlevris, was refused entry to eastern Libya for negotiations. The measures include a three-month... to counter the “invasion” from north Africa. The clear message, according to the post, was “stay where you... Mitsotakis of resorting to anti-migration policies to deflect from the failure of foreign policy in Libya
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IMF upgrades Greece’s GDP and unemployment rate estimates
EconomyMacroeconomyto an estimate of a 0.6 percent GDP contraction in the previous WEO. It is worth noting that this is the most... with the European Commission (EC) estimate, while OECD expects Greek GDP to slip 0.2 percent this year... 2.7 percent previously. The government and the EC estimate the Greek economy will recover by 2.7
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Greek travel receipts rise 9.1 pct in January as surplus doubles
EconomyMacroeconomyto 277 euros. The breakdown of incoming tourist activity by country showed strong growth in arrivals..., SETE disclosed its first estimates for 2015. It expects international arrivals to reach 25 million
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Market value of HFSF's bank holdings plummets by 11 bln in 2014
EconomyBankingestimates that the recoverable amount stood at 2.54 billion euros at the end of 2014 (from 2.85 billion in 2013) with cumulative collections at just 277 million, while the cumulative impairment amounts
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