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Newsletter 77 - 10/06/2016
billion, 2 billion higher than the 6 billion envisaged in the initial agreement. In addition, 80... unemployment reading is the lowest since April 2012. 2 The mangling of truth Inaccuracies have become a daily
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BoG cautions on impact of tax rises, updates on rising NPEs
EconomyMacroeconomytarget of 3.5 percent could be reduced to 2 percent after 2018, which is consistent with debt..., with the non-performing loan (NPL) ratio increasing by almost 2 percentage points in the course
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In updated DSA, EC sees Greek debt as unsustainable if no relief measures implemented
EconomyProgrammeto 1.5 percent after 2021 and decline to 1.25 percent after 2030. 2) Total privatisation proceeds of 18... decreasing 5 years after the end of the programme leading to an overall average primary surplus of 2
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Newsletter 84 - 29/07/2016
in the first six months. On the same day, the BoG said that credit contraction remained stable at 2 percent.... 2 Time to think outside the box Greece needs a robust media watchdog and ethics code
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Budget primary surplus of 3.6 bln by July, monthly revenues short of target by 315 mln
EconomyMacroeconomy, largely attributed to lower expenditure (2 billion below target) and higher than expected revenues... expenditure increased by 4.1 percent to 22.31 billion in the 7-month period and remains more than 2
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Drop in arrivals and spending impinge on H1 travel receipts
EconomyMacroeconomy. This was a product of a 4 percent decline in expenditure per trip and a 2 percent fall in arrivals... percent from the United States to 313 million. The number of inbound visitors in June dropped by 2 percent
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Budget primary surplus reaches 3.6 bln in 7-month, monthly revenues miss target in July
EconomyMacroeconomybillion mainly reflecting strong underspend as primary expenditure came in 2 billion lower than target... figure also increased by 4.1 percent to 22.32 billion, still remaining 2 billion lower than target
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Mitsotakis uses tax cut pledge as driving force in effort to provide alternative
PoliticsGreek Politicssurplus target from 3.5 percent of GDP to 2 percent. The conservative chief also set extremely... to deliver 2 percent in GDP extra revenues to help Greece meet the fiscal targets agreed with its
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Current account surplus falls to 1.4 bln in July
EconomyMacroeconomy, largely on the back of a 2 percent decrease in non-residents’ arrivals. At the same time, travel.... Meanwhile, the corresponding liabilities fell by 2 billion reflecting a drop in non-resident’s holding
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Budget primary surplus of 3.8 bln to Aug beats target by wide margin
EconomyMacroeconomythe target by 2.78 billion largely reflecting lower primary expenditure (by 2 billion) and revenue..., remaining 2 billion lower than target. MoF said that compared to last year, expenditure increased by 292
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