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Newsletter 77 - 10/06/2016
are scheduled to officially sign off on the disbursement on June 16. Earlier this week one of the key... take is on the debt situation, you can take Grexit off the table”. The Hellenic Statistical Authority... on the issue, the government could find itself embroiled in an institutional stand-off in the future
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Newsletter 80 - 01/07/2016
injected vitality into the Leave campaign, went off to play cricket; and his other Leave colleagues... spreading lies and stoking hate. “You were only meant to blow the bloody doors off,” Michael Gove’s wife..., the possibility of financial institutions relocating and numerous businesses holding off on investments, gives
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Fool Britannia
Agoravitality into the Leave campaign, went off toplay cricket; and his other Leave colleagues admitted... lies and stoking hate. “You were only meant to blow the bloody doors off,” Michael Gove’s wife, Sarah... of financial institutions relocating and numerous businesses holding off on investments, gives
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The IMF and Greece's bitter pill
Agora, the authors appear to have few reservations to sign off on those unrealistic targets even if this means Greece has to stack more measures that the IMF believes will kill off demand and growth in the short... is prepared to sign off and let Greece swallow another bitter pill that the Fund doesn’t believe will cure
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Newsletter 101 - 23/12/2016
– even though eurozone finance ministers signed off on the measures at the December 5 Eurogroup... their concerns about the Greek government’s handouts and seeking pledges that these were one-off... out this one-off item, the comparable primary cash surplus widened by 2.48 billion to 6.96 billion
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Significant revenue outperformance drives budget primary surplus to 4.4 bln in 2016
EconomyMacroeconomyincludes the payment of 630 million for one-off support to low-income pensioners. In addition, 2016... overperformance by 2.41 billion, including the one-off payment of 630 million (0.36 percent of GDP... to the 2017 budget, gg primary surplus (excluding the one-off payment of 0.36 percent of GDP) was expected
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Greece as an energy hub: Reality or wishful thinking?
EconomyFeaturesin the exploration of two sites off the shores of Crete has already been received from a consortium of Exxon Mobil... the operator of the Ioannina block. If these deals are pulled off, they would represent a major investment... the Tanin and Karish gas fields off the coast of Israel. Production is expected to begin in 2020
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European Commission's DSA reveals serious concerns over debt sustainability, need for relief
EconomyProgrammewith the latest EC economic forecasts (2.1 percent in 2017 and 2.5 percent in 2018) levelling off... points (pp) after 2022 and leveling off at 2.2 percent as of 2025. In its most recent DSA, the IMF... growth of 3 percent between 2019 and 2060. Moreover, the primary surplus is seen leveling off at 2
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Compliance report looks at programme financing, arrears clearance and 2016 performance
EconomyProgrammecollection rate. A number of one-off factors, such as low oil prices and the running down of inventories backed the recorded corporate profits, while some large one-off repayments of tax liabilities by firms under liquidation also supported CIT receipts. Other one-off factors with a positive impact
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Budget primary surplus of 4.54 bln in 9-month below target despite underspend
EconomyMacroeconomyat 29.71 billion euros, 1.62 billion euros off target. Net revenues came to 34.76 billion euros.... Specifically, income tax revenues were off target by 807 million, while property tax missed.... PIB PIB revenue stood at 81 million euros in September, 118 million euros off their monthly target
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