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Athens steps up drive for fiscal space as fifth post-MoU review continues
EconomyProgramme. If approved, this could secure up to 4 billion euros for investments and 2 billion euros for tax relief. The government is searching for over 2 billion euros of fiscal space in the 2021 budget and at least
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Mission chiefs pick up fifth review baton as Greece mulls new bond issue
EconomyProgrammeplans to raise 2-2.5 bln euros and the yield is expected to be around 2 pct, if a landmark 15-year bond... operations, 2) Lower funding costs further, 3) Contain interest rate, FX and refinancing risks.
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Lenders set out key review issues as Athens tables proposals for fiscal space
EconomyProgrammeeuros turned red during the crisis. The banks are calling for more than 2 billion euros of state... for over 2 billion euros of fiscal space in the 2021 budget and at least 400-500 million euros
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Lenders conclude 'productive' talks on fifth review but issues remain as Athens targets fiscal space
EconomyProgrammewent sour during the crisis will also need to be settled as banks are claiming more than 2 billion... rates by 2 percentage points. Combined these two interventions require close to 1.9 billion euros
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Piecemeal process likely in drive for more fiscal space
EconomyProgrammecase it will free up 0.6 pct of GDP space towards tax cuts. The government plans to direct 2 billion... that the reduction in borrowing costs alone since the start of the year has created already fiscal space of 2
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EC ups growth to 2.2 pct in 2019, sees growth in 2020 at 2.4 pct
EconomyMacroeconomyat 2 percent. The Commission notes that based on the first three quarters available data, real GDP..., with the rise of those employed at 2 percent year-on-year, pushing the rate of unemployment down to 16.6
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Retail turnover edged up by 0.2 pct in Dec, annual increase at 1.3 pct
EconomyMacroeconomyat 1.3 percent compared to an increase of 2 percent in 2018. The corresponding volume index dropped...) and supermarkets (-2 percent). The monthly seasonally adjusted (SA) retail sales index in December fell
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Govt extends 800-euro bonus, heralds loan payment holiday for individuals as well as firms
EconomyOnly two days after announcing economic measures of up to 2 billion euros to support businesses and employees, while also making another 1.8 billion euros of European Union funds available, ministers... of the coronavirus on the economy. This will have a fiscal cost of about 2 billion euros, Staikouras
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Greece takes stock of measures to mitigate Covid-19 impact after Eurogroup reaches deal on latest batch
Economycan draw an amount equivalent to as much as 2 pct of their GDP from the European Stability Mechanism... could fetch up to 2 billion euros. The Finance Ministry is in a tight spot as the budget is already
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Newsletter 252 -29/05/2020
plank of SYRIZA’s plan is an emergency minimum income payment to almost 2 million qualifying households... testing them when they arrive. ” 2 Primary balance at deficit of 1.52 bln April figure shows
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