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Newsletter 135 - 13/10/2017
percent July estimate. On the fiscal front, the IMF estimates in its Fiscal Monitor - also published... of GDP this year and 2.2 percent in 2018, hitting the programme target of 3.5 percent of GDP in 2019... that although the IMF believes the primary surplus will reach 2.2 percent of GDP in 2018
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Fitch leaves rating and outlook unchanged, underlines fiscal performance key to higher grade
Economyeconomy, and this has led Fitch to lower its estimate for this year to 3.5 pct, from 4.1 pct previously... path of the debt-to-GDP ratio thanks to primary surplus and robust growth will be one of the key
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Government hails rule of law progress but open investigations continue to raise questions
PoliticsGreek Politicsgovernment spokesman Pavlos Marinakis described the report as a vindication, adding that it provided a robust... percent of Greek citizens estimate corruption to be widespread in the country compared to the EU average
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Androulakis presents vision for fairer Greece in response to PM’s tax cuts
PoliticsGreek Politicseducation, health and labour rights. Each measure comes with its own cost estimate and timeline, he... robust primary care and e-health records to meritocratic ESY administration and a strategic EOPYY
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Athens expands survey area off Crete, signs MoU with Egypt
PoliticsForeign PolicyExclusive Economic Zone. In 2019, before signing its memorandum with Turkey, Libya reacted against...). This was calculated by moving its median line northwards. After the signing of the Turkey-Libya memorandum in 2019, new data was generated and Libya could argue that the entire area south of Crete
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Q1 GDP down by mild 0.1 QoQ, hinting at impact of drawn-out review
EconomyMacroeconomygrowth estimate of 2.7 percent to 1.8 percent for 2017. The key drivers for the anticipated rebound... Thursday. It did, however, lower its previous estimate from 2.7 to 2.1 percent. The downward revision... published the most optimistic projection so far. It expects GDP to rebound by 2.2 percent, while
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Alpha Bank posts net profits of 53 mln in 2018
EconomyBankingloans. In 2018, the bank completed three major bad loan portfolio sales, totalling 2.2 billion euros... rose by 2.2 percent QoQ 280 million and fell by 2.2 percent on an aggregate basis. The cost to income... value stood at 7.7 billion euros, which remains the highest among their Greek peers. The fully-loaded
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Newsletter 266 -18/09/2020
. BoG has revised its forecast for Greek GDP, from 5.8 pct recession in its previous estimate, to 7.5.... According to revised data, the prices of new apartments increased by 7.7 percent on average in 2019... estimates for 9 pct recession this year and 6 pct growth in 2021, which suggests that Greece
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IMF's latest macro and fiscal estimates reflect economic stability
EconomyMacroeconomyeconomy growing by 2 pct this year and in 2026, with both estimates below the outlook the Greek authorities included in the 2026 draft budget, which expects the economy to grow by 2.2 pct this year and accelerate to 2.4 pct next year. The estimates are marginally improved from the World Economic
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Q4 GDP contracts 1.2 pct QoQ, leading to recession of 0.1 pct for 2016
EconomyMacroeconomyfor the service sectors, which were not available at the time of the flash estimate. The GDP... estimate, which showed mild growth of 0.3 percent. Following the Q4 performance, the aggregate... displayed exports of goods declined by 5 percent QoQ and 2.2 percent YoY, while services’ exports
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