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  1. Newsletter 108 - 24/02/2017

    Newsletters

    indicated that the volume of measures should reach 2 percent of GDP, or 3.6 billion euros... to 2 billion. As a result, the travel surplus dropped by 7.3 percent to 11.21 billion in 2016... and are considered to yield savings of around 1.5–2 percent of GDP. Specifically, the tax-free threshold, which

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  2. ESM takes stock of Greece's sovereign vulnerability
    Photo by MacroPolis

    EconomyProgramme

    values for the scores, ESM noted that a score of less than 2 corresponds to high vulnerability, between 2 and 2.5 to elevated, between 2.5 and 3 to moderate and a score above 3 means low vulnerability... with elevated risk since 2005. They turned to high risk since 2009. The Greek score hovered between 2 and 2.2

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  3. Tsipras clears hurdle but isn't over finishing line
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    reduced from 2.7 percent of GDP to 2 percent) is down to intransigence, indecision, shifting goalposts... pensioners would lose money. The impact of these measures, which amount to 2 percent of GDP in total... of expansionary counter-measures (also worth 2 percent of GDP) to be implemented in 2019 and 2020

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  4. The Court of Audit's opinion on new pension cuts and its implications
    Photo by Panayotis Tzamaros/Fosphotos

    Legal

    According to article 73(2) of the Greek Constitution: “Bills referring to the definite attribution..., or to the recognition of service for the provision of a pension right according to article 73(2), as well... the compatibility of the cut in question with the articles 2 (1), 5 (1) and 25 (1) of the Greek Constitution which

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  5. Newsletter 155 -16/03/2018

    Newsletters

    . Greece went to the market for an amount of 625 million euros and it received bids for just below 2... of his own money in PAOK and Thessaloniki. 2 Unemployment rate falls to 21.5 pct in 2017 Non... comes to 2 percent, reversing negative reading The seasonally adjusted (SA) Wages Index rose by 2

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  6. MTFS outlines ambitious economic and fiscal road for next four years
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    balance. According to the finance ministry, Greece will grow by 2 percent in 2018, lower than its... organisations. Growth will pick up to 2.4 percent in 2019 and remain above 2 percent before dropping to 1.8... surplus by 2022, reaching 2 percent of GDP, or 4.15 billion, which is around five times the outcome

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  7. S&P: Greek covered and securitised bonds rated investment grade for first time since 2011
    Photo by MacroPolis

    EconomyBanking

    sees Greece growing by 2 percent in 2018, lower than its last official estimate of 2.3 percent... in 2019 and remain above 2 percent before dropping to 1.8 percent in 2022. All estimates are marginally... forecasts growth of 2 percent in 2018 and 2.2 percent in 2019. Fitch sees growth of 2.1 percent

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  8. GDP growth slows to 0.2 pct QoQ in Q2 due to lower investment, higher imports
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    spend dropped significantly by 2 percent YoY. This brought final consumption to an increase of 0.5... published in July stands by its revised estimate for 2018 growth from 2.6 percent previously to 2 percent... and Development (OECD) sees economic growth of 2 percent this year and 2.3 percent in 2019. Over

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  9. Newsletter 182 -9/11/2018

    Newsletters

    that is in scope for the purpose of this forecast, Greece is expected to grow by 2 percent in 2018, slightly higher from the 1.9 percent previously. Growth next year is seen at 2 percent, from 2.3 percent... return back to 2.3 percent growth. Growth for 2020 is also seen at 2 percent. Both private

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  10. Piraeus Bank posts net profit of 94 mln in Q3 and 40 mln in 9M
    Photo by MacroPolis

    EconomyBanking

    in business loans and 2 million in consumer loans, which offset a rise of 31 million in mortgages. NPL... rose by around 200 million QoQ and came to 2 billion at the end of Q3. Emergency Liquidity Assistance... covered bond pool. Gross loans further contracted by 2 percent QoQ to 52.79 billion in Q3, falling

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