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IMF insists labour market reforms need to be preserved
EconomyProgrammeAhead of the publication of the Article IV consultation for Greece which is due to be discussed by the International Monetary Fund’s (IMF) executive board on July 27, the Fund has reiterated its key recommendations for Athens and placed strong emphasis on labour policies and continuing reforms
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Newsletter 171 -20/07/2018
executive board on July 27, the Fund has reiterated its key recommendations for Athens and placed strong
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May current account shows surplus of 191.5 million as underlying indicators improve
EconomyMacroeconomybalance in the aggregate period was boosted by strong performance for the month of May, and increased
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Greece on track for bumper tourism year, figures show
EconomyFeaturesup to June of this year further boosted the outlook for a strong tourism season. They showed
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Sharp increase in May arrivals, particularly from Germany, delivers travel balance boost
EconomyMacroeconomypercent to 201.5 million. As a result, the travel balance came to a strong surplus of 1.27 billion euros
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Coalition's attempt to defend handling of fatal blaze fails to stem criticism
PoliticsGreek Politicsset of circumstances that they encountered, primarily due to the strong wind (around 100 km/hour
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Reshuffle expected to follow minister's departure in wake of Mati disaster
PoliticsGreek Politicsthe image of what was a strong response by authorities to the Mati fire. New Democracy demanded
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Special tax structure would benefit hotels and jobs, bank argues
EconomyFeaturesquoted in the report, the hotel industry in Greece has undergone strong growth since 2004. In 2004
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Car sales up by 17.9 pct in July and 27.2 pct in first seven months of the year
EconomyMacroeconomyfleets, combined with strong tourism figures and the gradual replacement of old cars with new
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Fitch upgrades Greek rating to 'BB-', three notches from investment grade
Economyuncertainty and a strong tourism season. Fitch expects this deposit growth trend to continue. Looking forward
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