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SYRIZA and New Democracy neck-and-neck as post-election scenarios become clearer
PoliticsGreek PoliticsInd Greeks 2.5 #Greece — MacroPolis (@MacroPolis_gr) September 1, 2015 However, it was the survey... they will back the party on September 20, which is the lowest of all parties apart from Independent Greeks. Also, most surveys show that around 15 to 20 percent of voters are still undecided
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Newsletter 173 -07/09/2018
property tax is expected to be reduced by 10 percent in 2019 and by another 20 percent in 2020..., which applies to incomes up to 20,000 euros, from 22 percent to 20 percent. Another measure under... the 1 percent of GDP reduction in pension spending from next year. Both the government
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The key points from lenders' proposals to Greece
EconomyProgrammeprimary surplus targets of 1 percent of GDP for 2015, 2 percent for 2016, 3 percent for 2017 and 3.5... that the VAT reform targets a revenue increase by 1 percent of GDP or 1.8 billion on an annual basis... to be effective as of July 1, compared to October 1 for the Greek government proposal. Other fiscal
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Stournaras presents debt relief plan with maximum benefits for Greece, minimum cost for lenders
EconomyMacroeconomyprimary surplus of 2 percent after 2018, extension of all eurozone loan maturities by 20 years... ratio of 180 percent a reduction in the average interest rate by 1 percentage point (pp) reduces the debt ratio by 1.8 pp, while a rise in the primary surplus by 1 pp of GDP lowers the debt ratio
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Newsletter 198 -15/03/2019
on €1 bln package The Greek government failed to convince eurozone finance ministers this week to approve almost 1 billion euros worth of debt relief measures and remained locked in talks with its... first month of trading and since issuance the yield has dropped by nearly 1 percentage point, 80
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Greek deposit rate almost stable, loan rate slightly up in May
EconomyMacroeconomymonth by 1 basis point (bp) to 1.81 percent in May from 1.82 percent in April, according... in May. On corporate lending, there were two marked movements: 1) A drop by 30 bps in loans for amounts over 1 million to 4.68 percent, which is the lowest reading since October 2010. 2) A rise by 47 bps
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EU makes dramatic revision to economic forecasts, sees recession of 2-4 pct this year
Economytargets. In specific, a primary deficit of zero to 1 percent is now projected for 2015, a primary balance of 1 to 0.5 percent in 2016 and a primary surplus of 2.25 to 2 percent in 2016. However... the next three years, the EC projects they would reach 81.7 billion and stem from: 1) Bank
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Newsletter 209 -07/06/2019
7 vote In what will probably be its last act as a government, SYRIZA was due to adopt legislation... spot ahead of the July 7 vote, possibly resulting in a situation where SYRIZA can argue... have an estimated impact of around 1 percent of GDP, or 1.8 billion euros, and is seen as being
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Where is Odysseus? Part 6 - Potential real GDP
Agoraon the macroeconomy of Greece.[1] In blog 16, we updated Greece’s demographic projections and found... and bigger recovery of Greece. In blog 20, however, we documented a glitch, because productivity per... scenario to account for uncertainty. Then, in blog 20, we updated the long-run baseline outlook
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Where is Odysseus? Part 2 - Uncertainty
Agorawith data through mid-2018.[1] The book presents a long-run baseline scenario for Greece to help make... pressures. In Part 1 (Blog 16) of our follow up, we recalculated the baseline demographic outlook... looking uncertainty interval. Consider Figure 1 below, which shows not a single updated demographic
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