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IMF revises fiscal estimates upward, sees debt ratio at 162.8 pct in 2022
EconomyMacroeconomyupped its primary surplus estimate for 2016 to 3.3 percent of GDP, from 0.1 percent in its previous... Fiscal Monitor, which provided its updated fiscal estimates. Unlike the downward revision of its..., the Fund estimates a lower primary surplus of 1.5 percent of GDP from 2019 onwards. This means that IMF
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Opposition lines up attack on government over wildfires with visits to affected areas
PoliticsGreek Politicson the fires. Hazard pay controversy The latest fires have also reignited the debate over pay... to an amendment passed in July, awarding hazard pay to parliamentary staff. Seasonal firefighters described... that they would have to wait their turn for danger pay behind those faced with working in air conditioned
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Q1 GDP contracts 0.4 pct QoQ and 1.3 pct YoY, broadly in line with estimates
EconomyMacroeconomyprevious estimate for a GDP contraction of 0.7 percent expected in early February. In specific, EC... 2015, the Hellenic Statistical Authority (ELSTAT) flash estimates displayed on Friday. The headline... is the highest negative reading since Q4 2014. ELSTAT said flash estimates are expected to be revised upon
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Deadly collision throws spotlight on government’s migration policy
PoliticsGreek Politicsthe crossing from Libya, and for which the Greek Ombudsman recommended disciplinary charges against... insufficient compared to the needs of industry which estimates a requirement of closer to 200,000... those living and working legally in Greece, including an estimated 155,000 migrants on long-term
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Newsletter 86 - 02/09/2016
percent increase indicated by ELSTAT in its flash estimate on August 12. In addition, Q2 GDP... obliged to adopt an approach that would have allowed existing channels to pay for the right to keep...Slight quarterly rise in GDP Loan quality trends improve at banks Provisional estimates published
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Newsletter 122 - 09/06/2017
days (28 billion) and those unlikely to pay (30 billion). Furthermore, more than 14 percent of 2016... of 2.5 percent in projected for 2018, above its previous estimate of 1.9 percent. Lowering its... to return, large uncertainties remain. OECD estimates that GDP will rebound 1.1 percent in 2017
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Newsletter 239 -14/02/2020
claimed that he would be willing to defy the EU and pay for their construction with domestic funds... revised upward, from 2.3 percent in November to 2.4 percent now. The estimate for 2021 remains unchanged... The European Commission updated its economic estimates for Greece on Thursday, as part
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Newsletter 325 - 28/01/2022
to pay compensation to those affected. Polling carried out this week indicated that the New... showed that the primary balance landed at 10.33 billion euros last year, improved from the estimate... against the initial estimates included in the 2021 budget, Greece finds itself way off its initial
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Newsletter 440 - 08/11/2024
economies with growth of 2.8 pct this expected and 2.1 pct in the next two years. The same estimate... by one point, though with negligible effect on take-home pay. In another landmark measure... is 243 million euros and the ministry estimates that 1.9 million Greeks will benefit from the pre
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Role of inflation in US elections gives government food for thought
EconomyMacroeconomyestimate for the euro area is 0.8 pct and 1.2 pct in the same period. Leading economies in the EU have... contributions by one point, though with negligible effect on take-home pay. In another landmark measure... of this handout is 243 million euros and the ministry estimates that 1.9 million Greeks will benefit from
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