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  1. Newsletter 275 -27/11/2020

    Newsletters

    a ten-year plan for the transformation of the Greek economic model. The report includes radical changes... in changed targets The budget primary balance recorded a deficit of 9.07 billion euros in the first ten... balance landed on a deficit of 2.57 billion euros for the first ten months of the year. The primary

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  2. Newsletter 277 -11/12/2020

    Newsletters

    billion euros in the first ten months of the year compared to a surplus of 5.64 billion in the same... ten months, revenues decreased by 9.9 percent YoY to 60.82 billion. In absolute terms, the greatest... decline The aggregate figure for the first ten months of the year showed that the trade deficit

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  3. Current account deficit increases to 767.4 mln in Oct as service surplus shrinks
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    billion, landing at 3.34 billion in the ten months. Travel receipts fell 4.04 billion euros, compared... a deficit of 107.8 million last year. In the ten months of the year, the primary income account had... a deficit of 8.2 million last year. In the ten months, the surplus was 1.84 billion, from just

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  4. Current account deficit widens to 780.8 mln in Oct, led by deterioration in goods balance
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    year as it stands at 6.37 billion euros in the first ten months, from 9.09 billion euros up to October... jumped to 31.65 billion, from 23.61 billion euros in the ten months of 2020. Imports also soared... million, from a deficit of 26.5 million in October last year. In the first ten months of the year

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  5. Greece and the euro: The flight of Icarus

    Agora

    hit a brick wall. It lacked the conviction to make the tough changes in the public sector, to make

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  6. In hindsight it would have been nicer

    Agora

    on the 5th of June after its contents were leaked by the Wall Street Journal's Matina Stevis, the IMF openly

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  7. It remains a mystery
    Photo by Can Esenbel [www.mundanepleasure.com]

    Agora

    The Wall Street Journal leaked this week the minutes of an International Monetary Fund board meeting in May, 2010, just a few days before Greece signed its first bailout. The extracts reveal that there was serious concern among about a third of the country representatives, who raised serious

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  8. How big is Greek fiscal gap? Will cuts be needed? Here's our Q&A

    PoliticsGreek Politics

    wall in its discussions with technocrats from the European Commission, European Central Bank

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  9. Greece’s first bailout, lenders and their pledge to maintain debt exposure
    Photo by Harry van Versendaal

    EconomyProgramme

    The Wall Street Journal and El Pais published over the weekend a revealing record of the minutes from the International Monetary Fund’s board meeting in May 2010, which sealed the organizations participation in the first Greek bailout. “The Dutch, French and German chairs conveyed to the Board

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  10. Greece's ultimate sacrifice for stability
    Photo by Harry van Versendaal

    Agora

    claims against police be included in a new immigration code. A recent Wall Street Journal article

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