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Fitch raises Greece to 'BB,' two notches from investment grade, sees growth at 2.5 pct in 2020
Economythe banking sector asset quality problems, combined with efforts to accelerate privatisations. Combined... real growth slowing down to 1.2 percent by 2027, compared to the European Commission’s estimate range of 0.6 - 2 percent, and the IMF’s estimate of 0.9 percent. Fitch welcomes the developments
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How SYRIZA says it will fund its economic policies
Economy. Privatisations Privatisations are absent from SYRIZA’s agenda. There was no specific mention... repeatedly expressed their strong objection to any privatisation related to infrastructure projects... opposition,” he argued. SYRIZA has also strongly opposed the privatisation of the Hellenikon (former
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How Greece sleepwalked off a cliff in 2009, in black and white
Agora, when even the revised revenue targets for 2009 contained an estimate that revenues would grow by 14... their estimate of 2.5 billion euros in revenues. The expenditure disaster However, the true disaster lies... jumped by 18.1 percent vs an annual growth estimate of 9.8 percent. Based on first half of the year
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Newsletter 74 - 20/05/2016
the point that Tsipras had opposed privatisations in opposition but that he is now creating a sell...MPs to vote on pending issues Bill foresees establishment of new privatisation fund Parliament... and non-performing loans (NPLs), the establishment of the new privatisation fund and legislation
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Details of technical agreement between Greece and lenders set out in draft sMoU
EconomyProgrammecontrols, labour market reforms, privatisations and public administration. The primary surplus target.... Privatisations The sMoU notes that the Hellenic Republic Asset Development Fund (HRADF) Asset... to the state. Privatisation proceeds for 2018 and 2018 are estimated at 2.2 and 2.3 billion respectively
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Banking on voters’ desire for stability, ND insists ruling majority is still achievable
PoliticsGreek Politicsthe Turkey–Libya maritime memorandum “in practice.” The government is also pushing ahead... and MPs searching for new political affiliations. Political analysts estimate that as many as 20
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Newsletter 23 - 17/04/2015
and privatisations. That the Greek premier admits these differences of opinion makes it all the more... Varoufakis says the coalition is “utterly undogmatic” regarding privatisations but the evidence suggests... liberalisation and privatisations. Varoufakis insisted in Washington that the coalition is “utterly
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Draft budget sees primary surplus at 1.8 pct of GDP in 2017, revenue interventions of 2.5 bln
EconomyMacroeconomy. Specifically, the MoF adopts the EC estimate pointing to a 2.7 percent growth in 2017 fuelled by a 1.8... percent above last year’s estimate. It is projected to increase by 3.5 percent to 182.33 billion... noting that privatisation proceeds are seen at 437 million in 2017, from 1.48 billion in 2016
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Newsletter 38 - 07/08/2015
health. On privatisations, Greece and its lenders were in different minds about the structure... for privatisations and hopes that the new body can operate more as an investment, rather than... during this week have focussed on several knotty issues, such as the new privatisation fund Greece
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Greece gears up for second review, faces wide-ranging reform to-do list
EconomyProgrammeloans (NPLs), privatisations, public administration, energy and business environment. Labour market.... Privatisations Finance Minister Euclid Tsakalotos published in the Government Gazette on October 10 the composition of the Supervisory Board of the new privatisation and investment fund (HCAP), of which three
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