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  1. Newsletter 227 -08/11/2019

    Newsletters

    by the government during the summer left off, focussing on lowering taxes for individuals and businesses and thereby fulfilling one of the main pledges that the ruling centre-right party made during... step towards lightening the load placed on individuals during the crisis, particularly under SYRIZA

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  2. Newsletter 438 - 25/10/2024

    Newsletters

    to aim a dig at former PM Antonis Samaras (without naming him) during a debate in Parliament... came from the IMF estimate for 2029, which sees the economy slowing down significantly to 1.3 pct... that was agreed with Brussels and published a few days ago. It was reported this week that during

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  3. Newsletter 221 -27/09/2019

    Newsletters

    , but not others. The face-to-face talks during the week did not bridge the views on the fiscal outlook... during the talks that the direct effects of the tax cuts on the economy that will raise growth... with the European Commission’s current estimate of 2.2 percent growth, and 2.1 percent for this year

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  4. Covid-19 impact on tourism sector set to be extensive, report suggests
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    to estimate the impact of the coronavirus on the country’s vital tourism industry. The study examined... report showed that during 2019, travel and tourism was responsible for 22.6 million jobs, or 11.2..., INSETE estimates that the loss of tourism revenue this year will be extensive, since the second

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  5. Value of HFSF participation in Greek banks falls to 17 billion
    Photo by MacroPolis

    EconomyBanking

    of 859 million was recorded due to the drop in the valuation of bank warrants. The highest negative

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  6. Current account deficit widens to 404 mln in March

    EconomyMacroeconomy

    a sharp drop in the primary income surplus (by 859 million) followed by a narrowing of the services

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  7. General govt primary cash surplus at 2.42 bln in April, arrears fall by 66 million
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ) and came to 23.81 billion euros. ​This was driven primarily by a fall in interest paid (-859 million

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  8. Eurosystem funding falls by 978 mln in Nov, banknotes increase for fourth month
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    figure was driven by a drop of 859 million in Emergency Liquidity Assistance (ELA) funding to 2.71

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  9. Greek Q4 GDP down 2.6 pct, shrinks 3.7 pct in 2013 - better than troika estimates

    EconomyMacroeconomy

    : The Greek government and the troika estimate a GDP rebound by 0.6 percent with BoG and Fitch Ratings... decelerating from the 3 percent drop posted in the third quarter, according to flash estimates... similar trend (low double-digit drop) over the past three quarters. ELSTAT’s latest flash estimates

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  10. New Democracy tries to win over voters with crackdown on bank charges, migration
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    approach on migration in response to increased arrivals from Libya also comes at a time when New... of measures will be relatively painless for banks, costing an estimated 20-30 million euros, while

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