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RRF promise fades as growth outlook weakens
EconomyMacroeconomyfiscal delivery on its commitments. The outlook remains robust over the reference period, with minor... in place until August 2026, next year’s growth estimate is 2.4%. However, this nearly halves to 1.3... - the macroeconomic estimates in the framework are cause for concern. When the RRF was first agreed
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Greek Q4 GDP QoQ drop revised to 0.4 pct, 2014 growth at 0.7 pct
EconomyMacroeconomythat the Q4 QoQ rate was downward revised for the -0.2 percent flash estimate released on February 13... to 1.7 percent in 2015 and further to 2.2 percent in 2016. Investments Gross fixed capital formation... and resulting in a 2.2 percent rise in the full year figure. Note, though, that over the past six years
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GDP growth slows to 0.3 pct QoQ, investments underwhelm
EconomyMacroeconomy, which is in line with the finance ministry’s latest estimate for the year. Outlook According to the latest Finance Ministry estimates included in the final 2025 budget, the estimate for 2024 was revised slightly down to 2.2 pct and is seen at 2.3 pct for 2025. In the latest financial stability
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Newsletter 142 -1/12/2017
Parties battle over arms deal Kammenos tries to escape the heat as opposition digs into agreement details The government has spent the week fighting off corruption allegations in connection to a botched deal to sell ammunition to Saudi Arabia, but it ma...
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PM relies on patchwork of measures to keep Covid at bay as jab uptake flags
PoliticsGreek PoliticsThe government continues to press ahead with a patchwork of measures to enforce or encourage vaccination, as uptake appears to have stalled among a significant section of the population. Parliament passed a controversial amendment on Thursday introducin...
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Podcast - Budgeting for the future: How robust is the Greek economy?
AgoraGreek Parliament is about to vote on the 2025 budget, so The Agora is looking at what the government's economic plan entails, while also examining the bigger picture as far as the country's economy is concerned. MacroPolis co-founder Yiannis Mouzakis jo...
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GDP growth slows in Q3 amid lower 2017 forecasts
EconomyMacroeconomyincreased by 0.9 percent QoQ and dropped by 2.2 percent YoY, taking final consumption expenditure down... budget for 2018 tabled to Parliament on November 22 estimate GDP growth of 1.6 percent in 2017, revised... since the summer. They pointed to a growth rate of 2.2 percent. Last week, the OECD issued its economic
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OECD sees Greek recession continuing in 2014, slower recovery to follow
EconomyMacroeconomylower than its November forecasts. Although the 2014 estimate is in line with the EC projection... sustainability is a bigger challenge, according to OECD, requiring robust growth in the coming years... percent in 2015. The updated forecasts are marginally better compared to the previous estimates
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Newsletter 72 - 06/05/2016
it predicted in its previous estimate in early February. For 2017, Greek economy is seen strongly... of the “one in, one out” agreement with Turkey from human rights groups – these are just some... that respect human rights,” she says. “We have to do more if we want to look ourselves in the mirror
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Newsletter 115 - 21/04/2017
expects Greece’s domestic economy to grow at a slower pace of 2.2 percent in 2017 compared to its... to 2.7 percent, while its medium-term estimate stands at 1 percent for 2022, lower than its previous... surplus estimate projection for 2016 to 3.3 percent of GDP, from 0.1 percent in the previous WEO and 0.9
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