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Opinion polls indicate fragmentation, close election race
PoliticsGreek Politicsin agreement on several key factors: 1) SYRIZA has a narrow lead of 2 to 3 percentage points over New... fewer than the 25 that broke away from SYRIZA to form the party 8) The post-September 20 Parliament... with one other party – It is likely that at least three parties will be needed 12) The vast majority
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IMF sees Greek debt above 200 pct of GDP in 2016, at 182 pct in 2020
Economy(FM) report. As with the WEO, IMF forecasts are based on data available on August 12. The IMF sees... is seen easing to 1 percent in 2018 and to 0.3 percent in 2020. The cost of bank recapitalisation... by the IMF for the 2016-2020 period are 5 to 8 pp above the respective estimates of the European
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Deal for Hellenikon sealed; gov't sees improved terms, economic boost ahead
Economyby Lamda. According to HRADF, Lamda Development accepted to undertake total investments of 8 billion... of those investments will be implemented within 12 years instead of the 15 years foreseen... expected to result in an incremental rise of 1 million tourists per annum, Lamda Development said
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Coalition seeks to quash concerns about complications with Hellenikon development
PoliticsGreek Politicsuntil 2018, four years earlier than the initial agreement, Lamda will invest 8 billion euros, rather than original 6 billion, 80 percent of those investments will be implemented within 12 years instead... in an incremental rise of 1 million tourists per annum. Clearly, in the current environment the government cannot
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Stocks finish week on high after progress at Eurogroup
Economyby Viohalco (-3.2 percent), Grivalia Properties (-1.8 percent) and Mytilineos (-1 percent). Overall, only... by 11.6 percent to 49.1 million and EBITDA improving by 8 percent to 43 million. Piraeus Bank... from 828.4 million last year. Folli-Follie releases its 2016 results on April 12, while no other
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Newsletter 134
the Medium Term Fiscal Strategy (MTFS), led by 1.1 percent growth in private consumption and a 1... million euros for the land and has pledged another 8 billion euros in investment. According to a study... with existing inventories. Manufacturers reported feeling optimistic for the next 12 months
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Greek households switch to natural gas in record numbers as winter approaches
EconomyFeaturesaccounted for 12 percent of primary energy supply in Greece, and about 13 percent of gas is used... zero in 2000 to just over 8 percent in 2015, while oil has fallen from 54 to 33 percent over the same... with EU regulations, which will reduce DEPA’s dominant position in the market. As of January 1, retail
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The first cut is the deepest? Greek pension reforms in context
EconomyFeaturesin total (around 8 percent of all pensioners). However, in 2017 new measures were also pre-legislated..., Greece was found to lag in other areas of elder support, with 12 percent of men and 17 percent of women... a spending package to match the 1 percent GDP in pension cuts. The spending is earmarked for housing
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Newsletter 181 -2/11/2018
for the contributions to be reduced by a third. They will fall from 20 percent to 13.3 percent as of January 1... confidence has improved by 15.4 points and by 12 points since the start of the year. October’s... by 8 percent. The seasonally adjusted (SA) retail sales index in August fell by 0.7 percent month
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Card usage gains traction with debit cards leading the way, BoG finds
EconomyBankingmillion, recording a rise of 1 percent year-on-year (YoY) versus 2017. The majority of these cards... of transactions of all types of payment cards stood at 12 percent in 2018, compared to 13 percent.... The overall value of card transactions increased by 8 percent YoY and came to 65 billion euros in 2018
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