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Where is Odysseus? Part 6 - Potential real GDP
Agoraon the macroeconomy of Greece.[1] In blog 16, we updated Greece’s demographic projections and found.... These calculations are reflected in Figure 1 below. The vertical line marks the current year 2022.... This baseline assumes that Greece still sees a recovery in labor productivity to 1 percent a year
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Stocks climb 6 pct during week, propelled by 16.6 pct surge by banks
EconomyPositive sentiment prevailed in Greek stock market this week, leading to strong gains of 6 percent as the return of the institutions returned to Athens and optimism about a successful conclusion... this year has turned positive (+6 percent). The top performers this week included the four core banks
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Vital economic legislation lined up as ND seeks compromise over diaspora vote
PoliticsGreek Politics1 billion euros a few weeks ago, partly as a result of market developments, which saw Greece... priorities are on the economic policy front over the coming months: 1) Achieving the fiscal targets, 2... bill, 4) Radical overhaul of the tax system, 5) Tie up the loose ends from the third review and, 6
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Polls indicated support for two main parties growing as start of elections marathon looms
PoliticsGreek Politicsin the current iteration, when only valid ballots are factored in. SYRIZA’s backing has risen by 1... of the vote as its support dipped by almost 1 point to 9.8 pct. The undecided voters stand at 12.4 pct... by one point to just 6 pct. The same survey also suggests that voters are not yet convinced that SYRIZA
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Consumer confidence drops by 6 pts as economic sentiment declines in September
EconomyMacroeconomydeteriorated by 6 points month-on-month and came to -41 in September. Compared to the same month last
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EC revises growth estimate upward to 4.1 pct this year, 6 pct in 2022
EconomyMacroeconomyThe European Commission updated its economic estimates for Greece in the context of the 2021 Spring Forecasts, where the estimates are slightly improved from the previous forecasts in February. The Commission sees the Greek economy growing by 4.1 this year and 6 pct in 2022, compared to 3.5 and 5
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Final budget data for 2021 affirms revenue overperformance, primary balance below 6 pct of GDP
EconomyMacroeconomy. At that level of economic activity last year, the primary balance landed at less then 6 pct of GDP
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Feb sees back-to-back drops in deposits, landing 6 bln off recent high
EconomyMacroeconomy-of-living crisis. That said, the sector is roughly 6 billion euros off the recent high in December
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Tax revenues beat target by 3.16 bln in Sep, as contained spending leads to 6 bln primary surplus
EconomyMacroeconomythe target by 900 million. PIB expenditure came to 6 billion euros, above target by 507 million
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Producer prices drop by 7.1 pct in 2023, non-durables up by 6 pct in Dec
EconomyMacroeconomyand non-durable consumer goods increased by 6 percent.
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