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IMF raises growth forecast for 2019, lowers sharply medium-term expectations
EconomyMacroeconomyIn the latest World Economic Outlook (WEO) issued on Monday as part of the IMF-World Bank Annual Meetings that are due to take place in Bali this week, the International Monetary Fund revised its GDP projections for Greece. The Fund keeps its growth estimates steady for this year, seeing real GDP
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In updated forecasts, IMF sees Greece meeting fiscal targets and debt falling
EconomyMacroeconomyFollowing the publication of the World Economic Outlook (WEO) as part of the IMF-World Bank Annual Meetings that are taking place this week in Bali, Indonesia the International Monetary Fund released the latest Fiscal Monitor (FM) with updated fiscal projections for Greece. For this year, the Fund
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Athens to send draft budget to Brussels after talks with IMF on pensions
EconomyProgrammemanaging director Christine Lagarde in Bali on Friday. The head of the IMF’s European department Poul
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IMF distances itself from budget talks, leaving Athens and EU to hammer out deal
EconomyProgrammeTsakalotos and IMF managing director Christine Lagarde met in Bali last month, the Greek official was given
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Goalposts shift as European elections near and SYRIZA cements lead
PoliticsGreek PoliticsA look at recent opinion polls would tell you that the Greek government is under pressure going into the local and European Parliament elections in May but New Democracy and PASOK’s anxiety is also evident from the fact that the two parties are altering...
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Tension builds in Greek coalition and with SYRIZA as elections near
PoliticsGreek PoliticsTension is building on Greece’s political scene as the local and European Parliament elections approach, with divisions emerging within the coalition and the verbal exchanges between governing parties and the opposition intensifying. With PASOK struggli...
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Greek GDP drops by less than expected 0.2 pct in Q2, signalling recession exit near
EconomyMacroeconomyThe Greek economy recorded the 24th consecutive period of decline in Q2 of 2014 as Gross Domestic Product measured in constant prices declined by 0.2 percent year on year, which was better than the estimates for a -0.4 percent drop. The first quarter wa...
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SYRIZA shows keener interest in foreign policy as possible elections near
PoliticsForeign PolicySeeing the government close to buckling under the pressure of having to meet the troika's targets, SYRIZA's Alexis Tsipras chose to inflict his own kind of pain on Wednesday, when he claimed that a leftist government would not be bound by the demands ma...
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So far and yet so near for Greece and eurozone after second abortive Eurogroup
PoliticsGreek PoliticsFor the second Eurogroup running, Greece and the eurozone failed to reach an agreement on how to move forward. However, an apparent acrimonious falling out may be less damaging than it first appears and, in essence, the two sides do not seem to be far a...
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Greece near top of EU charts for proportion of population over 65 and 80
SocietyGreece has the second highest proportion of its population over the age of 80, according to data released this week by the EU’s statistical arm. Eurostat figures showed that in 2014, 6 percent of people in Greece were aged 80 or over, just short of the ...
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