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IMF revises growth forecasts downwards, emphasising gap with other lenders
EconomyMacroeconomyto fall to 18 percent, substantially more positive than the 19.5 percent rate in the SBA document... Greece to grow by 2.3 in 2018 and 2 percent next year. Ratings agencies are also more optimistic than
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Aegean tension presents Tsipras with urgent domestic, foreign policy challenges
PoliticsGreek Politicswas an exaggeration. The foreign minister claimed that Greek soldiers had fired at a “noise” rather than an object... organised country on all levels and in all areas than Iraq and Syria,” he said, referring to Turkey’s
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Debt, fiscal path still divide lenders ahead of Washington Group meeting
EconomyProgrammethan wait until 2020. The Fund sees this as a necessary step to achieving the 3.5 percent of GDP... quo in terms of the Fund having a more conservative stance than the European lenders.
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Over one in five Greeks struggled to make ends meet in 2017
Societyis therefore the first time in seven years that the rate has gone down rather than up, but still means that material deprivation in Greece is much higher than the European average. Broken down by age
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Institutions prepare for Athens return, completion of fourth review
EconomyProgramme” and that it is “more than doable” to reach an SLA by May 24. If this is the case, then there is still... officials rather than the two that other programme countries undergo. No further details were revealed
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PMI slows to 52.9 pts in April, sector confidence hits all-time high
EconomyMacroeconomywas slower than in previous months. Although orders softened, hiring continued at a strong pace... to a weaker extent than in Q1.” they concluded.
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Tsakalotos eyes conclusion of review and debt talks, will not dispute pension cuts
EconomyProgrammefor the government. He said that the short-term measures have had a bigger than expected impact... it believes will be a fairer form of growth than in the past. “Growth will not be for those who
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Marginal increase to 20.8 pct for Feb unemployment rate
EconomyMacroeconomyyear-on-year and 8.2 pps lower than the 2014 high. Broken down by age group, the largest year-on-year... a point higher than January but improved by 3.6 percentage points since last year. Western Macedonia
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Newsletter 161 -11/05/2018
than for banks in the rest of Europe to address the concerns the International Monetary Fund (IMF... billion. This represents a rise of 321 million month-on-month, which is notably lower than February’s
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Building activity up by 5.4 pct in Feb, permits remain below 1,000
EconomyMacroeconomythis is higher than that for 2016, it remains around 86 percent lower than the peak of 95,730 permits
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