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Newsletter 193 -08/02/2018
almost 1.3 billion euros in 2018, around 2 billion euros remained unpaid at the end of December... the previous estimates in Autumn. The Commission sees 2018 growth settling at 2 percent as a result... growth is estimated to reach 2.2 percent in 2019 and 2.3 percent in 2020, compared to an estimate of 2
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Budget sees Greece outdoing peers with 1.8 pct growth, 0.7 pct primary surplus in 2023
EconomyMacroeconomy. The total deficit is seen at 2 pct of GDP, 4.46 billion euros, from a deficit of over 4 pct, 8.54... by higher tax revenues of close to 2 billion euros at 56.75 billion euros. Taxes are up by 1 billion euros with VAT up by 800 million euros and special consumption taxes up by 50 billion. Income taxes
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Where are the Conservatives?
Agora(Mitsotakis 1 and 2). 2. The average number of “cabinet” members, sometimes including state secretaries... measured 737,000 total employment; in 2022 it was 1.1 million.[2] We can overlap over this interval... facilitated keeping jobs to a minimum. [2] The compound growth rate of government employment is 1.4
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Greece's 2014 fiscal gap suddenly appears bigger, much bigger
Economyfiscal consolidation effort worth over 4 billion euros, or 2 percent of GDP. Following Asmussen’s comment, reports in the Greek media suggested that additional fiscal measures of between 2 and 3... promising there would be no new austerity measures in 2014, to find another 2 to 3 billion euros of savings
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Greek banks' capital backstop and the funding gap: An uneasy relationship
Economynot include the provision of liquidity assistance. Its paid-in capital (50 billion) is the financial... reducing capital needs by 2 billion - the clarification on the inclusion of the capital boost... of 2 billion with press reports noting that 1-1.5 billion could be raised by an anchor investor
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Eurobank gears up for crucial but contentious capital increase
EconomyBankingafter the bank announced in mid-November plans to initiate a capital increase of circa 2 billion... recapitalized by the HFSF (such as Eurobank), unless its stake falls below the 50 percent threshold after... of these shares stands at high levels (10 percent with a 2 percentage point step-up every year after 2014
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Is there (sustainable) growth in Greece?
Agora). [2] Russia accounts for roughly 25 percent of Greece’s peach production and approximately 50 percent... between both countries totalled 9.3 billion dollars in 2013, mostly in gas, oil and food products.[2... a work in progress and is puzzling policymakers as well as analysts. As graph 2 illustrates
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Newsletter 4 - 21/11/2014
percent incorporated in the medium-term fiscal strategy (MTFS) and the 2 percent in the draft budget... – said he is in two minds about how to vote. He said there is a 50 percent chance he will back... an increase in both the manufacturing as well as the mining and quarrying sectors by 1.8 and 2 percent
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Greece's fiscal, debt and funding goals as set out at Eurogroup
EconomyProgrammean interest of around 2.5 percent, have a maturity of 39 years and amortize from 2023 until 2054. 2... 50 basis points) and final maturity in 2041. Assuming a 5 percent discount rate, Varoufakis said... execution showed a revenue shortfall of 2 billion euros as of January and Varoufakis suggested
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Newsletter 31 - 19/06/2015
percent. In the past 12 months, the industrial turnover trailing index has declined 2 percent. The decline in April is due to a 2.6 percent decline in manufacturing. 2 No panacea in defence cuts... to 50 percent.This reduction in spending, though, has to be balanced against the fact that Greece’s
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