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Tsipras tries to take pressure off MPs but debt proving hard to settle
PoliticsGreek Politicsvoting for tax cuts and increases in spending. The vote is expected to take place on May 16 and 17
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Newsletter 117 - 05/05/2017
of the package when the ballot takes place, most likely on May 16 or 17, once Tsipras has returned from
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Net job hirings hit high of 92,132 in April, driving 4-month figure to new record
EconomyMacroeconomy, with the April figure surpassing the 50-percent mark for the first time since last May. It should be noted
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April produces first fall this year for car sales, which tumbled by 7.5 pct
EconomyMacroeconomysince May 2016 and the second highest since June 2010. Passenger cars also fell by 7.3 percent
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EC lowers growth forecasts, sees fiscal targets within reach
EconomyMacroeconomyrespectively, taking into consideration the fiscal package worth 3 percent of GDP voted in May 2016
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Q1 GDP down by mild 0.1 QoQ, hinting at impact of drawn-out review
EconomyMacroeconomyMoody’s said in early May that it anticipates a slower GDP recovery of 1.5 percent for 2017.
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Budget primary surplus hits 1.74 bln in 4-month, beating target on strong underspend
EconomyMacroeconomy, which is due on May 24. At the same time, privatisation proceeds stood at 956 million
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Finance Ministry publishes roadmap for relaxation of capital controls
EconomyMacroeconomyoverseas can also be withdrawn. Following the completion of the first programme review in May 2016
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Coalition MPs and multi-bill clear first hurdle as tension builds
PoliticsGreek Politicsbeing reached at the May 22 Eurogroup. The alternative is for a settlement to be secured by mid
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Finance Ministry details impact of pension interventions, sees 2021 social budget surplus at 3.17 bln
EconomyProgrammeand the remaining 640 million relate to those in the public sector. The pension reform voted on in May
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