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  1. Extensive wildfires put extra strain on PM as he looks for clear path to TIF policy speech
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    The dense smoke that settled over Attica in recent days captured, with brutal clarity, the scale of the destruction Greece is facing this summer due to an extensive outbreak of wildfires. The deaths of five frontline firefighting personnel in less than ...

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  2. Economic sentiment slips to 89.7 in May, consumer confidence rebounds to -71.9

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) fell by 0.6 points in May after increasing in the preceding two months, European Commission (EC) data showed on Monday. The ESI has hovered around the 90-point mark..., when ESI also fell below the 90-point mark. From its recent low of 76.1 last August, the current ESI

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  3. Economic sentiment at 113.2 in Feb, strong improvement in services and retail
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) rose by 3.7 points in February to reach 113.2 points, European Commission (EC) figures showed on Thursday. The EC noted that the ESI figures have been historically... (EEI). This indicator has been designed to complement the growth-related focus of the ESI

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  4. Economic sentiment on up again after 4.2 pt rise in Jan
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) continued its upward trend in January, after a pause in December, increasing by 4.2 points to 114.2, according to European Commission figures released on Friday. ESI... reported in January is the highest of the series. Over the rolling 12-month period, the ESI has

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  5. Greek funding needs add to pressure in talks between Athens and lenders

    EconomyProgramme

    . The most recent reports by the European Commission and IMF put revenue from asset sales at 2.2 billion... in Hellenic Petroleum and 65 percent of Public Gas Corporation (DEPA) have been put on hold

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  6. Newsletter 22 - 03/04/2015

    Newsletters

    After successfully covering its funding needs in March, which, at 2.2 billion euros (excluding... director Christine Lagarde would have a month before needing to report this to the board and put... tax. Beyond that, the reforms put forward by Athens are seen as “aspirational” (in fiscal terms

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  7. Newsletter 88 - 16/09/2016

    Newsletters

    of that, the creditors appear to have put a stop to some of the government’s plans, such as allowing businesses... is trying to put pressure on the central bank chief. Anti-corruption prosecutors raided the office... The single property tax (ENFIA) due in 2016 stands at 3.18 billion, 2.2 percent lower than last year’s

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  8. Newsletter 103 - 20/01/2017

    Newsletters

    in VAT Tsipras is unlikely to bring up the prospect of snap elections unless he feels he has been put... put in an untenable position. Capital ratios to remain high after NPE fall Italian Ferrovie signs... edged up 2.2 percent to 42.22 billion. Meanwhile, interest payments decreased by 14.8 percent

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  9. Debt deal eludes Greece and lenders, June 15 set as final deadline
    Photo via Fosphotos

    PoliticsGreek Politics

    being put back to the next gathering of eurozone finance ministers on June 15. Eurogroup chief Jeroen... a 3.5 percent of GDP primary surplus from 2018 to 2022 and then 2 percent from 2023 to 2060 or a 2.2... on debt relief will put some extra pressure on Prime Minister Alexis Tsipras and his government

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  10. Moody's upgrades rating to 'B3,' amid confidence about political outlook, economic prospects
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    percent and 2.2 percent for 2018 and 2019 respectively, but with a much higher degree of confidence... to private sector. Against the expectations, the rating path would be put at risk if the Greek government... creditors that would put the euro area's support and commitment for further debt relief in question

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