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Newsletter 427 - 14/06/2024
at the ballot box was to announce a cabinet reshuffle on Friday. Meanwhile, some officials at second-placed
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Androulakis rules out future coalition with ND amid changed political landscape
PoliticsGreek Politicsthe dominance that it had at last year’s ballot box. Unsurprisingly, this has sparked speculation
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Government adamant snap polls are not under consideration
PoliticsGreek Politicsseem counter-productive for the PM to consider an early recourse to the ballot box, before
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Mitsotakis targets rivals as Androulakis tries to shrug off doubters
PoliticsGreek Politicsamong PASOK’s middle‑ground electorate complicate the government’s attempt to box the party
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Mitsotakis hoping for stability dividend, but Predator lurks in background
PoliticsGreek Politics“cannot hide any longer”. SYRIZA leader Sokratis Famellos echoed the charge, saying “Pandora’s box has
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Tempe and Predatorgate court cases bring government scandals back to fore
PoliticsGreek Politicsspyware vendors in the Predatorgate scandal has opened up a Pandora’s box for the government, which has
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Greek fiscal deficits and debt since 2000
Agoraof the Hellenic Ministry of Finance, that the Syriza 2 government (from September 2015 to July 2019... a look at Syriza 2. This administration ran an average overall surplus of 0.1 percent of GDP a year... that the economy is growing. But the stock of debt during Syriza 2 increased by some €19 billion
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Greece - Some structural macroeconomic arithmetic
Agorasuggests that trend output growth sits around 1¼ percent a year. The OECD seems to be below 2 percent... officials and economists suggests that potential output growth may hover “around 2 percent...). But Greece cannot make an average nominal GDP growth rate of 5 percent, which would imply 2
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Lenders set out 49 milestones for Greece to meet before next bailout tranche
EconomyProgrammewill have to achieve by mid-October for the disbursement of the next bailout sub-tranche of 2 billion... strategy for the banking system 2) Completion of a credible strategy on non-performing loans (NPLs... supplementary funds into ETEA was signed on August 25 and became effective as of September 1 2) Early
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Tailor-made Maastricht criteria for Greece?
Agorainteresting detail is that the 5 percent nominal growth rate can be thought of as 2 percent... for a maximum debt ratio of 60 percent, then the tolerable maximum deficit would have been 2 percent..., and a possible reform of the Maastricht Criteria? Table 2 provides some data. Based on the most likely
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