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  1. EC sees growth at 1.8 pct for 2019, rising to 2.3 pct in 2020 and fiscal targets in reach
    Photo by MacroPolis

    EconomyMacroeconomy

    on as recovery continues in 2020. On the fiscal front, the EC confirms the total surplus for the fourth... is lower than the 2.2 percent expected in the spring forecasts published in May, compared to a 2... rise in investment spending. In spring, the EC expected the Greek economy to grow by 2.2 percent

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  2. Newsletter 318 - 26/11/2021

    Newsletters

    campaigns that saw a variety of Greek media outlets receive more than 40 million euros in total... the primary balance reaching 2.2 pct of GDP in 2024, and to remain at that level until 2060. Nominal GDP... to 1.1 pct up to 2029 and rises to 3 pct in the following decades. Based on those baseline assumptions

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  3. Newsletter 329 - 25/02/2022

    Newsletters

    will have to deliver a primary surplus next year of 1.5 pct of GDP and then secure an average 2.2 pct... by roughly 3.5 pct in the coming decades. The refinancing rate over the next decade is seen at 1.1... target of 2.2 pct of GDP. With Greece soon due to enter a de facto pre-election period

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  4. HFSF posts losses of 1.1 bln in H1 weighed down by valuation losses of bank holdings

    EconomyBanking

    and Piraeus in late November 2015, which corresponded to one quarter of the total state aid of 5.43

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  5. Athens takes plunge on gas exploration, sees hope in Israel-Lebanon deal
    Image: https://flic.kr/p/2nYAi5M

    PoliticsForeign Policy

    and the island of Crete. "We want to make an opening with Libya as a whole, so that we can finally... located in the area between Greece and Libya," Mitsotakis said in an interview with ANT-1 TV, last Monday. It appears that Athens has decided to begin surveys in response to the recent Turkish-Libya

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  6. Greek GDP up 0.7 pct in Q3 for third straight quarter of growth
    Photo by MacroPolis

    EconomyMacroeconomy

    of SA GDP components showed household consumption rose QoQ for the second consecutive quarter by 1.1... at current prices fell 0.8 percent in 9Μ, while the respective figure in real terms rose by 2.2... increase to a modest 1 percent for 2014. Total exports rebounded QoQ for the third straight quarter

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  7. Eurobank net profits at 6 mln in Q2 amid increasing securitisations
    Photo by MacroPolis

    EconomyBanking

    stock declined by roughly 2.2 billion euros QoQ and came to 14.3 billion euros. This was driven by 1.8... the securitization of the Cairo portfolio (6.8 billion euros) and NPE reductions totalling 1.1 billion euros... of declines, bringing the total to 11.1 billion euros. The NPL ratio came to 25.9 percent from 29 percent

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  8. Newsletter 240 -21/02/2020

    Newsletters

    measures. Total exports in December came to 2.75 billion euros, from 2.46 billion last year, increasing by 11.7 percent YoY. At the same time, total imports reached 4.38 billion euros, a rise of 2.2... loans of 161.8 million euros. FSM loans continue to make the majority of total loans, accounting

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  9. Newsletter 281 -22/01/2021

    Newsletters

    around. Round four reached 2.2 billion euros. This is an area where the opposition parties have sensed... in the primary and secondary income accounts. The total balance of goods deficit came to 17 billion... by 69.4 percent to 1.1 million. Overall, arrivals from the EU 27 countries fell by 73.5 percent and came

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  10. Greek primary cash surplus reaches 1.8 bln in H1 2014

    EconomyMacroeconomy

    primary cash surplus amounted to 2.2 billion euros from 590 million last year. The figures provided... the total amount for the whole year would reach 2.7 billion. This follows arrears’ payments of 4.6 billion... and then reached 1.1 billion euros in April, 4 billion in May and 3.2 billion in June, is most likely

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