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Newsletter 121 - 02/06/2017
by 1.7 points in May after improving cumulatively by 2 points in the previous two months, European... percent amid continued deleveraging, with net deductions of around 40 billion euros. 2 Deposit flow turns... months. Meanwhile, the corresponding volume fell by 1 percent in March after a strong but short-lived
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Newsletter 124 - 23/06/2017
’s testimony in connection to a major drug smuggling incident. The allegations concern the Noor 1 case, which takes its name from a cargo ship that was seized in Greece in 2014 with more than 2 tonnes...” about what was decided in Luxembourg. 2 Current account balance improves Bank of Greece data showed
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Newsletter 126 - 07/07/2017
Kammenos’s intervention in the Noor 1 drug smuggling case and comments made by Finance Ministry... 2017, following a request by the BoG. The fall of 2 billion euros reflects positive developments in the liquidity of Greek banks. 2 Unemployment falls to 21.7 pct in April The jobless rate has fallen
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IMF sees eurozone debt relief pledges failing to deliver sustainability
![Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]](resources/toolip/img-thumb/2014/08/11/imf_439_1108-medium.jpg "Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]")
EconomyProgrammeGreece to grow close to 2 percent as the economy recovers, with real long-term growth at 1 percent.... The estimate for revenues from asset sales and privatisations is a mere 2 billion euros up to 2030, at just
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Greek parties face fine balance as they discuss name issue
PoliticsGreek Politics), but on the borderline of clear parliamentary majority, and ANEL on 2 percent, 1 point short of the threshold... Parliament (Public Issue has the Union of Centrists on 2.5 percent and ANEL on 2 percent), the winning
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Final decision on 2019 fiscal measures still a few weeks away
EconomyProgrammeThe first step in the process of deciding whether Greece will have to implement next year fiscal measures worth 1 or 2 percent of GDP is due to be taken on Friday, with the International Monetary..., according to most forecasts, to expand by at least 2 percent. The institutions, though, will want
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BoG Monetary Policy Report positive on programme end but advises caution for future targets
EconomyBankingpercent. BoG anticipates Greek economic growth to pick up pace in the coming years, growing by 2 percent... to grow by 2 percent annually, taking the unemployment rate to 16.5 percent in 2020, from 21.5... and a marginal deficit of 0.1 percent of GDP in 2019. Prices will grow on average by 1 percent up to 2020
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IMF raises growth forecast for 2019, lowers sharply medium-term expectations
EconomyMacroeconomygrowth at 2 percent. For next year, GDP growth is revised upward to 2.4 percent, from 1.8 percent... previously, albeit higher than the last quarter of 2017, when the economy grew by 2 percent. Real GDP... substantially from a previous 1 percent to 2.5 percent. However, the Fund revise downward its GDP growth
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Fiscal targets and tax cuts on agenda as Staikouras meets Regling
PoliticsGreek Politicsmight have to water this down as the tax cuts will reduce next year’s fiscal space by another 2... cut legislated by the previous government, may be sacrificed to avoid the fiscal gap of more than 1... aims to announce 2 billion euros of spending cuts and savings to counterbalance the 6 billion euros
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Pension bill to be unveiled as govt prepared for fifth post-MoU review
PoliticsGreek Politics. The government has set a goal of 2 percent, but could be content with a 1 percentage point reduction to 2.5 pct of GDP which would give it an additional 2 billion euros of fiscal space in the coming year
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