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IMF warns of uphill battle for economy as Athens seeks to close 2020 fiscal gap
EconomyProgrammegrowth below 1 percent, the Fund estimates that will take 15 years for per capita income to return... and spending measures announced by the government. The shortfall is reportedly seen at around 1 billion
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Newsletter 223 -11/10/2019
, PDMA underlines. Following an initial guidance of 1.55 percent and a minimum tap of 1 billion euros... in September, staying unchanged from August. Additionally, the goods’ index fell by 1 percent while
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IMF revises fiscal outlook, sees lower primary surpluses in coming years
EconomyMacroeconomy, which was scheduled to bring 1 percent of GDP in added revenues next year, and the new... balance turning to a small deficit of 0.3 percent this year, which accelerates to 1 percent next year
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Greece worst in EU for gender equality as power resides overwhelmingly with men
Societythey are from reaching gender equality. The Index uses a scale of 1 to 100, where 1 represents total
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Newsletter 224 -18/10/2019
fiscal gap, from around 1 billion euros originally, to zero were fruitful. It appears... balance turning to a small deficit of 0.3 percent this year, which accelerates to 1 percent next year
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ND and SYRIZA square up as Novartis inquiry gets underway
PoliticsGreek Politicstheir support drop by 1 percentage point since September, but New Democracy is on 38.5 percent, with SYRIZA... taxation, 10 percent identified law and order issues and 8 percent investment. Just 1 percent pointed
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Xi's visit carries promise of closer Sino-Greek political, economic ties
PoliticsGreek Politicsand Central and Eastern European countries, known as the “17+1” (17 CCE countries plus China). The next leaders’ meeting for the “17+1” is in April and Mitsotakis is expected to attend the gathering
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Central government debt down to 353.85 bln in Q3, average maturity stable at 21 years
EconomyMacroeconomy-term (over 5 years) debt made up 77.6 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years) debt accounted for 12.1 and 10.3 percent of the total figure, respectively
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Despite differing views IMF and EC see no immediate debt sustainability concerns
EconomyProgrammepercent, from 1 percent in March 2019, with short term growth seen 2.1 percent on average in 2019-2020... balance is expected to be 1 percent of GDP lower in 2019-2025 in the IMF’s view, reflecting the Fund’s
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Eurobank net profits at 56.3 mln in Q3 from continued operations
EconomyBanking-provision profit (PPI) rose by 1 percent quarter-on-quarter (QoQ) to 209.9 million euros. In 9M, PPI... 95.5 percent a year ago. Capital The phased-in Common Equity Tier 1 (CET1) ratio came to 16.3 percent
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