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BoG Monetary Policy Report positive on programme end but advises caution for future targets
EconomyBankinginterest rates by 100 basis points and a primary surplus at 1.5 percent of GDP in the long term will breach the assumption of Gross Financing Needs (GFN)-to-GDP from 2032 and push Debt-to-GDP over 100 percent. BoG anticipates Greek economic growth to pick up pace in the coming years, growing by 2 percent
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First-wave champion Greece stumbles at vaccine roll-out
Agorait was administering just 2 tests per thousand people. The number of tests increased with the introduction of mass... %, meaning one in four in the most senior age group remains unvaccinated (compared to 100... in population size and economic scale, has vaccinated 100 % of its citizens over the age of 60. Greece’s
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Discussion over PEPP, SGP draw attention to rising yields
EconomyFeaturespct and approaching 2 pct respectively. As the ECB’s emergency programme comes to an end in March next... sustainability analysis by the European Commission, a primary balance of over 2 pct of GDP is seen... of the debt threshold to 100 pct, from 60 pct currently. It also proposes keeping the 3 pct of GDP
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Newsletter 420 - 12/04/2024
mature party with a loyal base. The Alco poll shows that PASOK has attracted 2 pct of voters who backed... Stability and Growth Pact rules and Greece's long-standing commitment to primary surpluses above 2 pct..., and with polls showing it heading in the wrong direction in less than 100 days, Hatzidakis is keen
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From pipe dreams to power cables: the changing map of Greece's energy ambitions
Agoraare still going ahead[2]. Under the latest plans, the Alexandroupoli plant will be linked... Europe Facility for the Greece-Cyprus leg, 100 million euros from Cyprus’s Recovery & Resilience Mechanism and a potential 100 million euros from an agreement between Greece’s IPTO and an Israeli
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Words will always hurt
Agorathis period. That’s why it was so appalling to hear Greece’s prime minister engage in this type... close to the kind of language of incitement used by Golden Dawn, which claims there are 2 million
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After Merkel, Samaras faces immediate challenges on domestic front
PoliticsGreek Politicsbillion euros next year and not 2 billion or more as the troika had requested. The 2014 budget.... This, however, presents a different type of challenge. While an agreement may soon be reached on the fiscal
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What is SYRIZA planning to do with Greek banks?
Economyof any type of unpaid obligations to banks. The cost of capital for this entity is estimated by SYRIZA at 2 billion euros. Capital buffer SYRIZA claims that a part of the HFSF capital buffer of 11.4
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Funding needs take centre stage in row between New Democracy and SYRIZA
Economybailout tranche of 1.8 billion by the EFSF, 3.5 billion by the IMF and around 2 billion from SMP... this type of funding to Greek banks if Greece is not in an EU (bailout) program. In such a case
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Greece prepares set of proposals for bridging deal with eurozone
PoliticsGreek Politicsbe part of the negotiations also including the type or combination of debt swaps. The fourth and final... (estimated cost at 756 million). 2) Restoration of the 13th pension (Christmas bonus) - equal to one
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