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  1. In fragmented political environment, Meimarakis banks on message of unity

    PoliticsGreek Politics

    through the addition of star candidates, Meimarakis has chosen to focus on the need for parties... in an interview with Star TV on Monday night could not have been starker. The New Democracy leader

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  2. Special tax structure would benefit hotels and jobs, bank argues
    Photo by George Vitsaras/Fosphotos

    EconomyFeatures

    increased by over 20 percent in the same period to 806,045 from 668,271. The market share of five-star hotels increased from 1.6 percent in 2004 to 5.1 percent in 2017. Five, four and three-star hotels

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  3. Newsletter 136 - 20/10/2017

    Newsletters

    , missing the target by 101 million euros. The Hellenic Statistical Authority’s (ELSTAT) second estimate... in real terms last year rather than the 0 percent estimate released in March. In nominal terms, the economy dropped by 1.2 percent against an initial estimate of 0.1 percent growth. ELSTAT also

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  4. Contraction of 0.1 pct in Q4 sees 2018 GDP fall slightly below target at 1.9 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    released a first estimate of the overall GDP figure for 2018, showing that it grew by 1.9 percent...’s (MoF) final budget estimate of 2.1 percent for 2018. A breakdown of annual components showed... by 7.5 percent, meaning that the initial figures for 2018 have beaten this estimate. Imports of goods

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  5. GDP grows by 0.1 pct in Q4, up by 1.4 pct in 2017
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    the quarter. ELSTAT also released a first estimate of the overall GDP figure for 2017, showing that it grew... the Ministry of Finance’s (MoF) final budget estimate of 1.6 percent. This was driven largely by a 15.7... in November 2017. For 2018, the MoF revised upwards the growth estimate to 2.5 percent from 2.4 percent

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  6. Macroeconomic fundamentals for Greece
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    ). This is the estimate we use for Greece’s Natural Rate of Unemployment, reflecting reforms that were made during..., which will be growing. We estimate for now an underlying structural interest bill of 4 percent... as the proportion of market-placed debt grows. Finally, we can estimate that Greece needs a structural primary

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  7. IMF revises growth forecasts downwards, emphasising gap with other lenders
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyMacroeconomy

    slightly to 1.8 percent next year. The estimate for this year is a substantial revision from the WEO estimate in October, when the Fund expected Greece to grow by 2.6 percent in 2018. Also, the estimate for 2017 was for 1.8 percent growth, now revised down to 1.4 percent, in line with ELSTAT’s

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  8. IMF still sees fiscal gap in 2018 - no action needed, for now
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    decade, when the Greek growth estimate eases to 1 percent in 2022. This year’s GDP will be boosted... the deflation years behind, with the inflation estimate at 1.2 percent this year and 1.3 percent in 2018... forecast for 2017 which has been revised downward from the 2.1 percent July estimate. On the fiscal

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  9. Energy drives closer cooperation between Greece, Cyprus and Egypt
    Photo via @PrimeministerGr

    PoliticsForeign Policy

    process on the Syrian crisis, while also expressing “serious concerns over the situation in Libya.” The instability in Libya and the presence of jihadists there was highlight by the Egyptian president

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  10. In Washington, Mitsotakis stresses economic recovery, geopolitical importance as IMF departure announced
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    a maritime agreement with Libya that infringes on Greece’s sovereign rights. Some commentators... with Libya is “null and void” because it ignores the exclusive economic zones of Greece’s islands, which he

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