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European Commission review of Greek programme: The key points
EconomyProgrammeto 125 percent in 2020 and 112 percent in 2022, which is slightly worse than the agreed targets of 124 percent in 2020 and less than 110 percent in 2022. The deterioration reflects lower forecasts... and 3 pp in 2015-16. After a material improvement in 2013, the Current Account (C/A) balance
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Primary surplus inches up to 2.9 pct in Greece's 2015 draft budget
Economywith Sunday's To Vima newspaper. This figure is higher than the both the 2.34 percent initially presented... primary expenditure is seen lower by 600 million YoY. The general government budget balance is seen... percent of GDP, which is higher than the EAP target of 1.5 percent, the 2.3 percent included in the MTFS
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The joke's on Greece
Agorain the wings before they even come to power. However, there is more to it than that. The low..., the scapegoating from some foreign politicians and journalists, sensationalism overpowering balance... embarrass his counterpart and give himself a boost than admit there is also culpability
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Mitsotakis raises alarm over Hormuz, Turkey and new geography of European security
PoliticsGreek Politicssupport package for Ukraine and argued that a “just peace” requires military balance. He said Russia..., that figure will exceed 100,000, and by 2030 Greece will have the capacity to produce more than... to be safer ground for Mitsotakis recently than domestic affairs, and, as the government projects
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Newsletter 275 -27/11/2020
in changed targets The budget primary balance recorded a deficit of 9.07 billion euros in the first ten... revised. The primary balance was above its target by 630 million euros. Primary expenditure came to 40.41... balance landed on a deficit of 2.57 billion euros for the first ten months of the year. The primary
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Five things to take away from the first round of Greek local elections
PoliticsGreek Politicspositives from Sunday’s results, although both have to balance these against setbacks. The momentum appears... and was elected from the first Sunday. The leftist party had a much larger presence in the regions than ever... dominant combination outside of Attica than the opposition party. SYRIZA will need backing
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Greek primary budget surplus to August narrows to 1.95 bln on lower revenues
Economy. The 8-month budget deficit stood at 2.85 billion, more than 1 billion higher compared to that posted... billion better than its target. The year to date outperformance is entirely due to lower expenditure (1.74 billion euros better than target), while revenues and the Public Investment Budget (PIB
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IMF lowers medium-term forecasts for Greek debt, 2014 financing needs
Economyon Greek unemployment by more than 0.5 percentage point (pp) for both years. For 2014, the IMF now expects unemployment to reach 25.8 percent rather than the 26.3 percent it included in its previous... and by a further 2 pp in 2015. The IMF expects the current account (C/A) balance to remain positive albeit
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The arduous road of privatisation in Greece
Agorahigh prices and under completely different economic circumstances than the ones which prevail today... to the privatisation process are far more important than the amount of revenue to be generated... compliance reports. But the inclusion of privatisation income in the HRADF’s balance sheet should only
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The institutional weakness poisoning Greek politics
Agoraare published online each year but in reality they are just a catalogue of each member’s assets rather than... in 2011, he was the party leader with the healthiest bank balance and owned six apartments, two houses... voters that it is straightening up its act. The checks uncovered less than 10 cases in which anything
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